Deputy PM calls for Samsung’s support in technology transfer

Friday, 2018-01-05 17:53:44
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Deputy Prime Minister Trinh Dinh Dung (R) receives President of Samsung Vietnam Complex Shim Won Hwan (Photo: VGP)
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NDO/VNA – Deputy Prime Minister Trinh Dinh Dung has asked the Republic of Korea (RoK)’s Samsung Electronics Vietnam Company Ltd to continue providing concrete support in training and technology transfer to enable Vietnamese support industry firms to join Samsung’s value chains.

He made the request while hosting President of Samsung Vietnam Complex Shim Won Hwan in Hanoi on January 5.

Dung lauded the company’s large-scale investment in Vietnam, saying that it has created jobs for hundreds of thousands of Vietnamese workers, bolstered exports and ensured the trade balance between Vietnam and the RoK.

The Vietnamese Government wants Samsung and investors from the RoK to expand their production and increase productivity and export values, bringing benefits to each country, he added.

He also affirmed that Vietnam and the RoK are enjoying sound strategic partnership relations, which are concretised through the effective cooperation between enterprises from both sides.

The RoK is currently the second largest ODA provider of Vietnam and two-way trade as of November, 2017 was estimated at US$56 billion, he said, noticing that Samsung has been the biggest investor in Vietnam for several years.

Shim Won Hwan, for his part, highlighted that stable macro-economy is a positive sign for Vietnam as well as foreign investors.

He took the occasion to thank the Vietnamese Government, ministries and branches for addressing the difficulties for his company to branch out their operations in the Southeast Asian country.

There are 160,000 Vietnamese labourers working in Samsung plants and the company has carried out numerous policies to ensure social welfare in the country, he said.