Keyword: "R&D"

Samsung’s total investment in Vietnam had reached 23.2 billion USD by 2024, covering multiple areas including electronics, display, and electrical devices, with plans for further expansion.

Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.

The platform is expected to create a transparent and efficient marketplace for technology transfer where technology providers, buyers and regulators are brought together.

Vietnam has consistently ranked high on the Global Innovation Index (GII), and many of its scientific and technological products have achieved impressive outcomes, with several earning recognition on the global tech map.

The establishment of a new centralised information technology (IT) zone in Binh Duong Province marks a significant step in the locality’s digital transformation strategy and its ambition to build a knowledge-based economy.

LG Electronics is expanding its research and development (R&D) capabilities in Vietnam, now extending from software development to include home appliance solutions, covering lifestyle, kitchen, and air solutions, reported the Seoul Shinmun daily.

Seeing artificial intelligence (AI) as a key technology of the fourth Industrial Revolution and semiconductor as a spearhead industry of the nation in the next 30-50 years, the Ministry of Information and Communications (MIC) has bolstered cooperation with powers to develop these domains, an official has said.

The Malaysian Government plans to raise the tax rate from 6% to 8% across an array of taxable services in March.

The State Agency for Technology Innovation (SATI) under the Ministry of Science and Technology on June 22 signed a Memorandum of Understanding (MoU) on strategic cooperation in advanced technology development with the Korea Evaluation Institute of Industrial Technology (KEIT).

It is critical for pharmaceutical companies to improve competitiveness with a focus on research and development (R&D), production technology and digitalisation.

Leading enterprises from the Republic of Korea (RoK) including Samsung Electronics, Naver and Revu Corporation have further promoted investment in research and development (R&D) centres in Vietnam to fully tap high-quality and low-cost human resources.

The Vietnam – Korea Institute of Science and Technology (VKIST) has recently signed several MoUs with both domestic and foreign partners on promoting research and development (R&D) in science and technology.

The Thai Government will earmark a combined 24.4 billion baht (814 million USD) for spending on research and development (R&D) in the fiscal year 2022, up from 19.9 billion in fiscal 2021.

The 12th Malaysia Plan (12MP) will focus on creating a number of new economic sectors and accelerating the development of high growth industries, Minister in the Prime Minister's Department (Economy) Mustapa Mohamed said at a forum held on December 10.

Challenges will overwhelm opportunities for Vietnamese part suppliers if they are unable to find ways to upgrade technology and meet international production standards, business executives said on July 24.

Investment in research and development (R&D) in Thailand this year is forecast to drop to 1.09 percent of GDP from the previously estimated 1.45 percent due to COVID-19.

Many start-ups have brought their technologies and products into the market in 2017-2019 thanks to financial and technical assistance for R&D provided by the HCM City Department of Science and Technology’s SpeedUp innovation and start-up programme.

Embracing the circular economy and closed-loop designs are among the most effective ways to achieve business success while protecting the environment, according to Thanh Le.

A workshop titled ‘R&D, innovation and economic growth – Korean experience and lessons for Vietnam’ took place in Hanoi on August 1.

Innovation was critical for the growth of factory productivity, but Vietnamese firms spent less on research and development (R&D) than in most other Southeast Asian countries.