R&d

The hi-tech park is expected to become a model science township and a national hub for technology research and development.

The South Korean IT giant expected Vietnam would not only be its largest production hub, but also a strategic base for R&D.

Samsung wants to change the purpose of the R&D Center or transfer the building and its related land-use rights to another party, in case of necessity.

Samsung would continue to increase investment in R&D and supporting industries in Vietnam and seeks more support from the Vietnamese government, said Lee Jae-young, vice chairman of Samsung.