President Truong Tan Sang asked Samsung Group of the Republic of Korea (RoK) to help Vietnam develop the support industry during a reception for Han Myong Sup, Samsung Vietnam’s General Director, in Hanoi on March 30.

President Truong Tan Sang (L) and Samsung Vietnam’s General Director Han Myong Sup.

President Sang expressed his delight over thriving business results by the Group, especially in Thai Nguyen and Bac Ninh provinces and Ho Chi Minh City, and that he hoped Samsung will reel in further success and realise its export target of 50 billion USD to become the leading electronics company in Vietnam.

He hailed the Group’s cooperation with local scientific organisations in setting up a Research and Development (R&D) centre in Vietnam.

For his part, Han Myong Sup informed the Vietnamese leader about the progress of Samsung’s projects in Vietnam, with the first smart TVs being manufactured in Ho Chi Minh City.

Samsung plants in Vietnam employ more than 110,000 labourers and total shipments to foreign countries has grossed 32 billion USD, he said, adding that a number of conferences on the support industry have been held by the Group since 2014 to lure local partners to join its production chain.

He believes that with the Government’s support, there will be more and more Vietnamese enterprises joining Samsung’s production chain, which will increase the rate of locally made components in their electronic products.

Some outstanding Vietnamese representatives have been chosen to attend international technical skills competitions through Samsung’s programmes to encourage young talent, the Samsung executive said.

He highlighted that when the discussed R&D centre becomes operational in Hanoi, even more excellent engineers and workers will be equipped with advanced knowledge.

VNA