Addressing the launching ceremony, Deputy Prime Minister Trinh Dinh Dung affirmed that the RoK is one of the top economic partners of Vietnam, while Vietnam is also one of the major partners of RoK firms.

More and more Korean businesses are operating in Vietnam, making important contributions to the country’s economic development, he said.

At the ceremony. Photo: Vietnam+

He added that currently, about 150,000 Vietnamese people are living in the RoK, a strong force that helps foster the Vietnam-RoK partnership.

Vietnam is on its way of industrialization and modernization, he said, stressing that the country is focusing on three strategic breakthroughs of completing the socialist-oriented market economy institution, developing synchronous infrastructure system and transforming growth model to improve the economy’s competitiveness.

He underscored the need to boost the growth of support industry, especially in electronics, mechanical manufacturing, automobile, footwear and garment. Therefore, the country has always created optimal conditions in policy as well as a favorable legal corridor for this industry’s expansion.

However, the Deputy PM also pointed to the poor capacity of Vietnamese supply firms and their weak connectivity while stressing the vitality of investing more on human resources.

He expressed his belief that the program will make great contributions to the expansion of Vietnam’s support industry.

The Deputy PM also asked the Ministry of Industry and Trade to support Samsung in dealing with arising problems for the highest efficiency of the program.

Meanwhile, Shim Won Hwan, Director-General of Samsung Vietnam, said that human resources training for enterprises is the shortest path for Vietnam to improve competitiveness in the future.

This year, Samsung plans to give consultations to 12 Vietnamese firms within the program, he said, adding that sending Samsung experts to Vietnamese firms will be a good way to boost the support industry’s growth.

He held that the launching of the program marks a new development milestone between the Vietnamese Government and the company.

After graduating, 200 experts of the program will be sent to Vietnamese firms across the country.

Minister of Industry and Trade Tran Tuan Anh hailed the significance of the program, holding that its success will help enhance capacity of Vietnamese firms, strengthening their competitiveness and opening up new opportunities for them in engaging in supply chains of multinational groups, including Samsung.

Source: VNA