This would result in an expansion of the scale of the capital city’s economy, which is now 1.34 times larger than that of 2015.

The first phase of the project is scheduled to be completed and put into operation by 2022.

Samsung is stepping up investment activities in Vietnam, including the construction of a research & development (R&D) center. Part of the process would be the transfer of Samsung’s cutting-edge technologies to the center, said a Samsung executive.

Thailand and Indonesia continued to be Vietnam’s main car import markets in 2018.

The Ministry of Information and Communications (MIC) expects Vietnamese social networks to have the number of users equivalent or higher than that of Facebook in Vietnam (60 million) and take 60 - 70% of the market by 2022.