Business

HCM City urges Samsung to soon open R&D centre

Ho Chi Minh City hopes the Republic of Korea-based Samsung Group would open a research and development centre in the city to take advantage of its skilled human resources, said a local official.
HCM City urges Samsung to soon open R&D centre ảnh 1Secretary of the HCM City Party Committee Nguyen Thien Nhan (R) and General Director of the Samsung Electronics Vietnam Choi Joo-ho (Photo: VNA)

HCM City  (VNA) – Ho Chi Minh City hopes the Republic of Korea-basedSamsung Group would open a research and development centre in the city to takeadvantage of its skilled human resources, said a local official.

Receiving General Director of the Samsung Electronics Vietnam ChoiJoo-ho on March 14, Secretary of the municipal Party Committee Nguyen ThienNhan congratulated Samsung on its production and business results in Vietnam,saying the development of Samsung has contributed to Vietnam-RoK relations.

Nhan affirmed that HCM City is willing to create favourable conditionsfor the company to expand investment and participate in the Saigon Hi-techPark, and increase the number of local businesses joining Samsung’s supplychain.

He appreciated Samsung’s efforts to help improve the capacity ofenterprises and train high-quality human resources for Vietnam and the city inparticular, and hoped for continued assistance from the company.

Choi voiced his wish to continue receiving support from the city’sleaders and departments and sectors so that the company can reap more fruits inthe coming time.

Sharing Samsung’s production and business results in Vietnam in 2018, hesaid that the HCM City-based factory contributed 3 billion USD to SamsungVietnam’s total export turnover of around 60 billion USD.

Among 630 businesses in Vietnam joining the company’s supply chain, HCM Cityhas 151 businesses, and the figure will increase to 171 in the time ahead, he said.

Samsung is coordinating with the Vietnamese Ministry of Industry andTrade to carry out a consultation support programme to raise the capacity ofVietnamese enterprises, including eight from HCM City. This year, it will helptrain 120 consultants for Vietnam, of whom 60 live in the city, he added.-VNA
VNA
#Samsung Group #Samsung Electronics Vietnam #businesses #Vietnam-RoK relations #Saigon Hi-tech Park #Vietnamplus #Vietnam News Agency Ho Chi Minh City
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