Samsung Electronics, a South Korean Tech Giant, has started building a $220 million research and development center in Vietnam, the Vietnamese government said on Monday.
Construction of the center in Hanoi will be completed by the end of 2022, the government said in a news release. The new Research and Development Centre will employ between 2,200 and 3,000 people.
Samsung is the largest single foreign investor in Vietnam, with investments totaling $17 billion, according to the statement.
