Samsung and MoIT provide supports to help firms improve productivity

Dec 17th at 13:55
17-12-2018 13:55:18+07:00

Samsung and MoIT provide supports to help firms improve productivity

The Ministry of Industry and Trade (MoIT) plans to increase support to help local businesses improve their productivity via a training programme with Samsung Viet Nam, said Truong Thanh Hoai, the ministry’s head of the Industrial Department.

 

The official made the announcement at the end of the ‘Vietnamese support industry specialists collaboration training course in production improvement and quality enhancement” held in Ha Noi on Friday.

Hoai said in the context of the Fourth Industrial Revolution and the trade war between China and the US, local businesses would have both opportunities and challenges.

Meanwhile, the number of Vietnamese firms in manufacturing was limited at some 70,000, with only 3,000 operating in the support industry.

This made for a good opportunity for the specialists to improve their knowledge to the international level and then help Vietnamese companies deeply join global production chains, he added.

Of the 200 Vietnamese specialists that will receive training between 2018 and 2019, from April until now, 95 specialists have completed training courses in Ha Noi and HCM City.

These training courses were initiated based on a consultant process that has been successfully applied by Samsung.

According to assessments from specialists, through the practice opportunities, they received meticulous guidance on how to help the enterprises enhance their production capacity and improve their quality.

Shim Won Hwan, President of Samsung Viet Nam Complex said: “This is the first step of a long-term plan that Samsung have committed to co-operate with the Vietnamese Government to expand the service to many other support enterprises to improve their production capability and products’ quality, from which elevating these enterprises’ competitive capability. I firmly believe that, in the near future, there will be more Vietnamese enterprises able to participate in the global supply chains operating in Viet Nam, other than Samsung’s”.

The consultant specialists will be assigned to participate in the enterprise consulting programme by the MoIT. The best 30 per cent will take advanced training in South Korea, paid for by Samsung.

Not only focusing on supporting enterprises in their supply chain, Samsung’s ultimate goal is to partner with the Government to improve the competitiveness of domestic supply chains to develop the supporting industry of Viet Nam.

bizhub



NEWS SAME CATEGORY

Struggling Vinalines to open container shipping centre next week

The Vietnam National Shipping Lines (Vinalines) will open a logistics centre for container shipping on December 17 as part of moves to restructure the State-owned...

VN to become major source for ASEAN buyers

As more export orders shift from China to other countries, Viet Nam will become one of the next major sourcing destinations for buyers from ASEAN-member countries...

Farm exports face CPTPP challenges

Though the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will reduce many tariffs to zero in member countries, Vietnamse farm...

ThaiBev’s designs with Sabeco FOL

One of Southeast Asia’s biggest beverage companies will have an opportunity to have a full takeover of Sabeco after the Vietnamese brewery removes the limit on...

An Phat Holdings’ landmark deals in 2018

The name of privately-held An Phat Holdings has been featured in a string of landmark deals throughout the year, such as the collaboration with VinFast, re-starting...

Food processing to take off

With its annual stable growth rate of about 10 per cent, the country’s young population with increasing income and a trend to consume ready-to-eat food, especially...

KIDO offensive to fill vacuum

Foreign investors are withdrawing from the cooking oil market because profits are lower than their expectations, giving easy way to KIDO Group, which is driving for...

NCS opens food processing facility in Noi Bai Airport

Noi Bai Catering Service JSC (NCS), a member of Vietnam Airlines, inaugurated a new food processing centre on Wednesday, marking its 25th year of foundation and...

Quality, price key to conquering Japan: Experts

To gain entry to the Japanese market, Vietnamese firms should pay attention to two factors, quality and price, experts told a roundtable on “Selling products to...

Expanding agricultural brands

As a country with able agricultural and handicraft production, Vietnam has a lot of excellent regional ­products, specialities, and handicraft items of very high...


MOST READ


Back To Top