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A factory in Vietnam makes more money than Samsung Electronics America and Samsung Display Korea, so Vietnam is truly becoming the new "profit heart" of Samsung globally.
Samsung Electronics Vietnam Thai Nguyen SEVT has just recorded a profit of about 1,066 billion won, equivalent to about 709 million USD or more than 18,520 billion VND in the first quarter of 2026.
This is the highest profit level in the entire subsidiary system of Samsung Electronics globally today
Samsung Thai Nguyen's shocking growth chart
Index Quarter I/2025 Quarter I/2026
Revenue ~10,753 billion won 12,936 billion won
Profit 385.6 billion won 1,066 billion won
Profit growth — +176%
What is more worth mentioning is that Samsung Thai Nguyen has surpassed a series of "big men" within Samsung
Samsung National Company
Samsung Display Korea
Samsung Electronics America America
Samsung Semiconductor SSI USA
Samsung Thai Nguyen SEVT Vietnam
This is almost unprecedented in the history of Samsung Vietnam
From a phone assembly base, Vietnam is now becoming a very strong profit center for the entire global Samsung group.
4 Samsung companies in Vietnam are making huge contributions
Company Location
SEVT Thai Nguyen
SEV Bac Ninh
SDV Bac Ninh
SEHC Ho Chi Minh City
Total revenue of 4 companies in Vietnam reached about 17.72 billion USD in just the first quarter of 2026 and consolidated profit reached 1.3 billion USD
Quick conversion at current exchange rate
Value Item
SEVT profit ~ 18,520 billion VND
Samsung Vietnam group revenue ~ 460,000 billion VND
Total assets of Samsung Vietnam ~660,000 billion VND
This turnaround is even more shocking when recalling that in 2025, Samsung Thai Nguyen's profits dropped sharply by nearly 60%.
But after only 1 year, SEVT has returned to the number 1 position globally in the Samsung system
Why is Samsung Vietnam booming so strongly?
Impact Factor
New Galaxy flagship Ramping up production
AI smartphone Increases global demand
Stable supply chain Optimize costs
Vietnam produces on a large scale. High profit margin
One detail is even more remarkable
Samsung has just established the semiconductor legal entity Samsung Vietnam Semiconductor in Vietnam
This shows that Vietnam may not only be a "smartphone factory" but is also gradually entering the global semiconductor chip value chain.
If this trend continues
Thai Nguyen and Bac Ninh could become one of the world's largest electronics centers in the next few years
Do you think Vietnam has the ability to become the "new technology capital of Asia" to compete directly with China and India?
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