RoK’s firm opens plant, research centre in Bac Ninh

Samil CTS Vina Co., Ltd of the RoK, which specialises in producing computers and computer peripherals, inaugurated a plant and a research and development (R&D) centre in Bac Ninh on July 22.
RoK’s firm opens plant, research centre in Bac Ninh ảnh 1The launching ceremony (Source: VNA)

Bac Ninh (VNA) – Samil CTS Vina Co., Ltd of the Republic of Korea (RoK), which specialises in producing computers and computer peripherals, inaugurated a plant and a research and development (R&D) centre in the Yen Phong industrial park, northern Bac Ninh province on July 22.

The same day, representatives from the firm and the Vietnam-Korea Technological Innovation Centre for standards, metrology and quality (Incentech) under the Ministry of Science and Technology’s Directorate for Standards, Metrology and Quality signed a memorandum of understanding (MoU) on enhancing cooperation in the future.

Under the MoU, Incentech will support Samil CTS Vina in implementing its projects in Vietnam. The two sides will work closely to develop products and expand market in other ASEAN nations.

Speaking at the signing ceremony, Deputy Director of the Directorate Nguyen Nam Hai highlighted the significance of the events and increasing production and investment activities of RoK enterprises in Vietnam in recent times.

He said that his agency and the Korea Trade-Investment Promotion Agency also signed a cooperation agreement two months ago with a view to supporting the implementation of the Vietnam-RoK Free Trade Agreement (FTA), which was signed in 2015.

The formation of Incentech aims to promote trade cooperation between the two counties, he noted.

Cooperation between Incentrech and Samil CTS to set up the R&D centre will lay a foundation for the two sides to provide greater support for Vietnamese and Korean businesses , thus contributing to socio-economic development in the two nations, Hai stressed.

For his part, Commercial Attaché of the RoK Embassy in Vietnam Choi Jong Won said the opening of the plant and R&D Incentech-Samil centre in Bac Ninh will be the first steps for Samil CTS to enter into the Southeast Asian market.

The signing of Vietnam-RoK FTA contributes to stepping up trade and economic connection between the two countries, he stressed, expressing his belief that R&D Incentech-Samil centre will serve a economic and creative model, helping boost links between the two sides’ businesses.

Deputy Head of the Department of Heavy Industry under the Ministry of Industry and Trade Pham Anh Tuan hoped Samil CTS’s plant in Bac Ninh would help Vietnam realise its goal of supporting industry development.

Vietnam is now a strategic partnership of the RoK, with a number of Korean companies building plants in Vietnam. RoK firms have invested 485 billion USD in Vietnam so far.-VNA

VNA

See more

Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)

Quang Nam positioned as medicinal plant hub

The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.

The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.

High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

OECD Economic Surveys: Vietnam 2025 report released

The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.

Prime Minister Pham Minh Chinh (R) welcomes Antoine Colin, HP Senior Vice President for Global Supply Chain Digital Transformation & Resilience (Photo: VNA)

HP looks to scale up production capacity in Vietnam

Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.

Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.

VinFast manufacturing facility in Haiphong city (Photo: Vingroup)

Vingroup among top 40 largest enterprises in Southeast Asia

This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.