> Also when we say "make" I assume we mean "assembles".
Well, it's a bit more than that. While Samsung imports many parts and "assembles" all final products in Vietnam, there are also 200 suppliers and contractors who relocated and "make" their parts in Vietnam.
Vietnam in pre-Samsung era was largely known for low-tech textile export. There wasn't a lot of infrastructure to support Samsung's smartphone operation in Vietnam. Samsung not only had to work with the Vietnamese gov't to create the industrial infrastructure that didn't exist, but the company also had to convince suppliers/contractors to set up shops in Vietnam.
Samsung's products now accounts for about 1/3 of Vietnam's overall export.
Well, it's a bit more than that. While Samsung imports many parts and "assembles" all final products in Vietnam, there are also 200 suppliers and contractors who relocated and "make" their parts in Vietnam.
Vietnam in pre-Samsung era was largely known for low-tech textile export. There wasn't a lot of infrastructure to support Samsung's smartphone operation in Vietnam. Samsung not only had to work with the Vietnamese gov't to create the industrial infrastructure that didn't exist, but the company also had to convince suppliers/contractors to set up shops in Vietnam.
Samsung's products now accounts for about 1/3 of Vietnam's overall export.