President asks Samsung to help develop support industry

Wednesday, 2016-03-30 22:05:49
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President Truong Tan Sang (L) and Samsung Vietnam’s General Director Han Myong Sup (Photo: VNA)
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NDO/ VNA - President Truong Tan Sang asked Samsung Group of the Republic of Korea (RoK) to help Vietnam develop the support industry during a reception for Han Myong Sup, Samsung Vietnam’s General Director, in Hanoi on March 30.

President Sang expressed his delight over the thriving business results of the group, especially in Thai Nguyen and Bac Ninh provinces and Ho Chi Minh City, and hoped that Samsung will continue to achieve further success and realise its export target of US$50 billion to become the leading electronics company in Vietnam.

He hailed the Group’s co-operation with local scientific organisations in setting up a Research and Development (R&D) centre in Vietnam.

For his part, Han Myong Sup informed the Vietnamese leader on the progress of Samsung’s projects in Vietnam, with the first smart televisions being manufactured in Ho Chi Minh City.

Samsung plants in Vietnam employ more than 110,000 labourers and total shipments to foreign countries have grossed US$32 billion, he said, adding that a number of conferences on the support industry have been held by the Group since 2014 to lure local partners into joining its production chain.

He believes that with the Government’s support, there will be more and more Vietnamese enterprises joining Samsung’s production chain, which will increase the rate of locally made components for their electronic products.

A number of outstanding Vietnamese representatives have been chosen to attend international technical skills competitions via Samsung’s programmes to encourage young talent, the Samsung executive said.

He noted that when the discussed R&D centre becomes operational in Hanoi, even more excellent engineers and workers will be equipped with advanced knowledge.