32.8 C
Ho Chi Minh City
Wednesday, July 24, 2024

Samsung plans world’s leading R&D center in Vietnam

The Saigon Times

Must read

HCMC – Samsung Vietnam is seeking to develop its current research and development (R&D) center in the Tay Ho Tay urban area in Hanoi City into a world’s leading one, reported the local media.

Choi Joo Ho, president of Samsung Vietnam, spoke of the plan at a conference on socio-economic development, defense and security of the Red River region and regional investment promotion held by the Ministry of Planning and Investment yesterday, February 12, in Quang Ninh Province.

According to Ho, Samsung’s R&D team in Vietnam, established in 2012, now operates in many production facilities in provinces and cities, such as Bac Ninh, Thai Nguyen and Hanoi.

The South Korean conglomerate established a R&D center in the Tay Ho Tay urban area in Hanoi on December 23, 2022, as part of its business expansion strategy. The center conducts two key functions, including expanding research fields and professional development, apart from creating a foundation for technological talent in Vietnam and developing the industry.

Samsung now plans to further boost training for Vietnam’s future technological talent by granting scholarships for potential students who major in technology and enhancing cooperation with universities and enterprises in business projects, besides offering internship programs, added Ho.

Since 2015, Samsung experts have worked with some 400 Vietnamese businesses to help them improve their competitiveness and product quality.

Companies participating in this program have achieved a 40% increase in productivity and seeing a 50% decline in defective products after three months of consultations with Korean experts.

The number of level 1 and 2 Vietnamese suppliers in Samsung’s global supply chains has also increased thanks to this program.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles