CMC Group, one of Vietnam’s leading technology groups, has established aresearch and development (R&D) institute with an operating capitalof 100 billion VND (some 4.7 million USD), the Saigon Times Dailyreported.
The institute will conduct research in technologyapplications and develop high tech products and services in order toenhance group's competitiveness.
The corporation currently hasseven affiliates in information technology and telecommunicationssectors, with a total number of 1,600 employees.
The institute will participate in a number of research projects, cooperation programmes for training and theme seminars.
NguyenTrung Chinh, Chief Executive Officer of CMC, said the institute hasbeen set up to boost research and application of new technologies to thegroup.
“To survive in tough competition, CMC should create anadvantage in research activities, scientific applications andtechnological development. The institute is very important to enhancecompetitiveness of the group in a long run,” said Chinh.
Previously,CMC spent nearly 50 billion VND on R&D activities. Chinh expectedthe institute will help attract finance from foreign organisations, thenation’s national development research and investment fund, and othersources.
Besides CMC, other major technology companies in Vietnam, including Viettel and FPT have established their R&D institutes.-VNA
The institute will conduct research in technologyapplications and develop high tech products and services in order toenhance group's competitiveness.
The corporation currently hasseven affiliates in information technology and telecommunicationssectors, with a total number of 1,600 employees.
The institute will participate in a number of research projects, cooperation programmes for training and theme seminars.
NguyenTrung Chinh, Chief Executive Officer of CMC, said the institute hasbeen set up to boost research and application of new technologies to thegroup.
“To survive in tough competition, CMC should create anadvantage in research activities, scientific applications andtechnological development. The institute is very important to enhancecompetitiveness of the group in a long run,” said Chinh.
Previously,CMC spent nearly 50 billion VND on R&D activities. Chinh expectedthe institute will help attract finance from foreign organisations, thenation’s national development research and investment fund, and othersources.
Besides CMC, other major technology companies in Vietnam, including Viettel and FPT have established their R&D institutes.-VNA
