(Via the BBC) Samsung intends to build a new production facility in Vietnam in a deal worth US$3 billion. This will be the second such site Samsung has opened in the country, with the first commencing operation in March. Other tech companies such as LG, Intel and Microsoft’s handset unit have also opened manufacturing plants in Vietnam in a move many analysts see as a response to growing labour costs in China.Read the full story here.

 

Featured image: Tam Đảo mountain range in the Thái Nguyên province, Vietnam