Signed in September 2020, the MoU aims to increase the annual contribution ratio of Vietnamese enterprises operating in Bac Ninh to the industrial production value generated by Samsung through implementing advisory and supplier development programs.

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Delegates in a group photos after signing a memorandum of understanding on support program for businesses in Bac Ninh in 2024

Pham Khac Nam, Deputy Director of the provincial Department of Industry and Trade said the support initiatives have yielded positive results.

The manufacturing capacity of Vietnamese businesses has significantly improved, boosting exports, and joining value chains of FDI enterprises, especially Samsung, he said.

As of late 2023, there were 39 out of 340 Vietnamese suppliers joining Samsung’s supply chain.

Participants highlighted the significance of the program for businesses specializing in supporting industry in Bac Ninh and Samsung in particular. In this format, Vietnamese enterprises gain access to scientifically organized production methods, receive direct support in building on-site quality management systems and training key personnel in factories on measures to improve quality and ability to expand production. 

Meanwhile, businesses participating in support programs to develop smart factories have been trained to strategize and establish a continuous roadmap towards a smart factory model. The digitization and automation management solutions directly transferred by Samsung experts have significantly transformed both management systems and production facilities.

Duong Minh Hai from the Kim Sen Industrial Corporation said the consultancy support programs for improving and developing smart factories have helped instill good habits among employees, thus enhancing production efficiency and applying scientific and technological advancements into management and production operations.

Kim Tea Hoon, Deputy General Director in charge of the Samsung Vietnam Purchasing Centre, said many outstanding enterprises in Bac Ninh have benefited from Samsung's manufacturing experience through deep consultancy activities.

He said that in 2024, Samsung Vietnam will continue to provide consultancy services related to the development of smart factories for five enterprises in Bac Ninh to develop advanced factories with comprehensive production process management through software.

He also affirmed Samsung Vietnam’s commitment to continuously share expertise to support enterprises in Bac Ninh in enhancing their competitive capabilities to meet global standards.

Deputy Chairman of the provincial People's Committee of Bac Ninh province, Dao Quang Kha, said cooperation programs have proven effective, helping enterprises in Bac Ninh and domestic firms in general increase development opportunities and deeper integrate into global supply chains, thus promoting socio-economic development.

Source: VNA