Samsung canceled the ground-breaking ceremony for its new $220 million R&D center in Vietnam because of coronavirus

REUTERS/Kham

• Samsung has started construction of a $220 million research and development center in Vietnam.
• The Korean tech giant canceled a groundbreaking ceremony scheduled for Saturday because of coronavirus fears.
• The new center is estimated to be finished by 2022.

• Samsung is the single largest foreign investor in Vietnam, with investments totaling $17 billion.

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South Korea's Samsung has started building a $220 million research and development center in Vietnam, the Vietnamese government said on Monday.

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