Vietnam

Samsung Slows Production at Large Smartphone Plant in Vietnam: Report

Samsung is cutting back production at its largest smartphone plants, located in Vietnam, as retailers struggle to sell through existing inventory and orders slow down — reports Reuters. According to Samsung employees in Vietnam's northern province of Thai Nguyen, which accounts for half of the company's global phone production volume, assembly lines are going from...

iPhone Seen as Status Symbol in Vietnam, Propelling Sales

he smartphone market is set to grow in Vietnam, and Apple has a strong grip on it. Why? Because the iPhone is seen as a fashionable, relatively affordable status symbol, Bloomberg reports. The newspaper brings up an example to back up the claim, IDC’s Ho Chi Minh City-based country director, Lam Nguyen, said: Bich Ngoc...