According to the article, there are about 1,000 R&D employees of automotiveelectronics and electronic equipment working at R&D subsidiaries of LGElectronics Vietnam in Hanoi and the central city of Da Nang, including onlysix Korean staff.
In 2019, the number of R&D personnel of LG in Vietnam totaled200, but by January 2023, a R&D department of the firm with about 750 employeeswas splited into an independent unit.
The article said Vietnam's R&D competitiveness benefits fromchanges in the Government’s policies.
The Vietnamese Government aims to go beyond the previous “Madein Vietnam” model, which was limited to be a hired processing facility, tobecome a manufacturing centre with its own technology and production capacity,and stepped up efforts to promote the information and communications technology(ICT) sector.
Domestic universities have recently focused on training engineers specialisingin information technology (IT).
Following this trend, the presence of R&D centre of LG Electronics Vietnam isalso growing stronger. The role ofVietnamese developers, who are mainly responsible for developing and testingbasic electronic functions by analysing orders from automakers, has beenexpanded to the design of core functions.
Jeong Seung-min, director of the R&D centre of LGElectronics Vietnam - said that the establishment is responsible for developingsoftware related to LG's automotive electrical and electronic equipment.
Initially, LG’s research facilities in Vietnam could carry out only20% of the R&D process, but now they can carry out up to 60% and areexpected to increase in the near future./.