SAMSUNG FACTORY IN VIETNAM

Some Samsung Smartphones are made in Vietnam and it has a factory that employs about 130,000 IT's of Vietnam.

"Of the 130,000, nearly 120,000 are Vietnamese at the electronic giant’s three IT complexes in Vietnam: Samsung Electronics Vietnam in northern Bac Ninh province, Samsung Electronics Vietnam Thai Nguyen (SEVT) in northern Thai Nguyen province, and the Samsung CE Complex in Ho Chi Minh City. The three complexes have combined investment capital of $10 billion.

It also employs nearly 1,500 technicians at the Samsung Vietnam Mobile R&D center in Hanoi, which is expected to employ 5,000 staff in the near future.

Samsung Vietnam’s turnover in 2015 reached $32 billion". ---Almost all Samsung IT employees in Vietnam

Forty percent of total mobile devices of Samsung are made in Vietnam and are expected that Samsung Vietnam would export $50 billion worth of products this year.

-Vietnam.net

The information gathered from the Vietnam.Net is immensely staggering that its numbers are contributing well for the economy of Vietnam, as well as the trust and confidence it earned from overseas investors to make their good economy.

By looking at this nation who've earned the good reputation for FDIs is already a cliche among international observers and investors that eyed Vietnam as a destination hub for businesses.

This reflects to our character and reputation on the low turn out of FDIs recently. That with such  condition of losing foreign investors in the face of our neighbors becomes a shame in our culture and politics, that such ill must be addressed rightfully. That if there is a need to adjust, and become at par with Vietnam or with others in the field of FDI wars, we must change and adjust.

Samsung factory in Vietnam must be in the Philippines, it is just rightful that such a world leader and giant factory to be here will build a  cliche to entice others to follow and earn investments for that direction. The questions and problems in politics, regulations, labor, ownership can be dealt with by the intervention of congress if necessary. Moratorium, and other policies that can be introduced is just one piece of solution to the negative conditions that dispels trust and worthiness of the country as a business destination. Most of all, we need to have technology transfers that in that bid of investments,  these new technologies if given seriousness by the government, is a path towards modernization of our industry, economy and the self-reliance in both civil and military applications that is long due.