A tripartite model drives the supporting industry together

The signing ceremony officially marked the implementation of the State-local model and businesses promoting the supporting industry - an area that plays a particularly important role in industrial development and modernization of the country.

The supporting industry development support program (CNHT) involving three sides of the State, locality and business is expected to last for 5 years, will be the foundation to promote the development of the business community in Vietnam. in general and Bac Ninh province in particular, contributing to capacity building, creating close links with foreign businesses. At the same time, it contributes significantly to strengthening the reliable strategic cooperation partnership between the two countries, affirming Korea's position as Vietnam's leading important partner.

Deputy Prime Minister Trinh Dinh Dung visited an exhibition area displaying products of supporting industrial enterprises in Vietnam

Through this program, many Vietnamese enterprises will be able to learn from the experience of more than half a century of development of Samsung in the manufacturing sector in order to improve their competitiveness and participate in the entire supply chain. demand and reach the international level.

Speaking at the signing ceremony, Deputy Prime Minister Trinh Dinh Dung affirmed that this cooperation will be a very important foundation to help Vietnamese businesses improve their competitiveness and participate in the global value chain.

Affirming Samsung's role and responsibility for the development of the friendly cooperation relationship between Vietnam and South Korea, while promoting production in Vietnam, Deputy Prime Minister Trinh Dinh Dung highly appreciated the Samsung has been very responsible, enthusiastic and effective in supporting Vietnamese businesses.

Deputy Prime Minister Trinh Dinh Dung delivered a speech at the signing ceremony

Deputy Prime Minister Trinh Dinh Dung pointed out the limitations of Vietnam's supporting industry, so, according to the Deputy Prime Minister, the signing will contribute to overcoming the difficulties and limitations of this industry and this is also a model model. template for businesses to learn from experience.

In order to effectively implement the Memorandum of Understanding, Deputy Prime Minister Trinh Dinh Dung assigned the Ministry of Industry and Trade to complete the institutions of supporting industries so that enterprises can compete in the domestic market and consider the international market as an item. target towards; The Ministry of Industry and Trade and other ministries and branches to remove difficulties for businesses in terms of capital and human resources; forming link chains, value chains ...

“After the signing ceremony today, the Ministry of Industry and Trade needs to concretize the Minutes to implement commitments and support businesses in the most practical and effective way - Deputy Prime Minister directed.

Deputy Minister of Industry and Trade Do Thang Hai highlighted the results of cooperation between the Ministry of Industry and Trade, Samsung Vietnam and localities

According to Resolution 115 / NQ-CP dated 6/8/2020 of the Government on solutions to promote the development of supporting industries, the goal is that by 2030, supporting products will meet 70% of the demand for domestic production and consumption. geography; accounting for about 14% of industrial production value; There are about 2,000 enterprises capable of supplying directly to assemblers and multinational corporations in Vietnam.

This once again affirms the meaning and important role of the development of supporting industries in economic structure transformation, added value and economic competitiveness in Vietnam.

Besides, after the impact of the Covid-19 translation, a trend of investment capital shifting in the world will appear. This is a great opportunity for Vietnam to welcome the new trend of foreign investment. However, the necessary and sufficient condition here is that improving production and improving productivity and quality need to be done regularly, continuously maintained because what FDI enterprises are interested in when choosing suppliers is the production process from input to output must be professionalized to meet the demand for raw materials in a long time.

The signing ceremony of the three-party cooperation memorandum

At the signing ceremony, Deputy Minister of Industry and Trade Do Thang Hai said that from 2020, the Ministry of Industry and Trade has cooperated with Samsung to deploy the training program of 200 elite mold experts, aiming to improve capacity in mold sector - an area considered the root of the manufacturing industry and industrialization.

Also in the years from 2018 to 2020, the Ministry of Industry and Trade has cooperated with Samsung Vietnam to implement the project of cooperation in training consultants and organizing quality production improvement for processing and manufacturing enterprises, SI enterprises. Vietnam with the participation of 140 enterprises across the country (62 enterprises in 2019 and 78 enterprises in 2020).

“The program has achieved positive results such as: increasing productivity, changing and raising awareness of improved production and quality, creating a premise for the long-term and sustainable development of the business. However, due to limited resources, the program has not been widely deployed and spread among the community of 1,800 Vietnamese supporting enterprises ”- Deputy Minister Do Thang Hai acknowledged.

Therefore, in order to shorten the time to approach the global production level, in addition to the efforts of enterprises, there is drastic support from central agencies, which are directly the Ministry of Industry and Trade, and the role of localities. in formulating separate policies and programs for development of supporting industries, investing in resources in the area on the basis of the provisions of law and ensuring the suitability of the local socio-economic conditions. is very important and practical.

Ministry of Industry and Trade, Samsung Vietnam signs technical assistance agreements with a number of Vietnamese enterprises

Bac Ninh is the second locality after Hai Duong province to actively coordinate with the Ministry of Industry and Trade and Samsung Vietnam to deploy activities to support businesses to improve capacity and increase access to global production chains. Vietnamese company. In addition, Bac Ninh province also strongly promotes connection activities, in order to find potential suppliers, and participate in the production chain of Samsung Vietnam in many fields.

Through the effectiveness of this program, the Ministry of Industry and Trade expects local authorities in general and Bac Ninh province in particular to raise awareness about the importance of promoting the processing and processing industry. in the process of industrialization and modernization of the country ”- Deputy Minister Do Thang Hai said.

Assessing the significance of the event signing the minutes to support Vietnamese businesses, Mr. Park Noh Wan - Korean Ambassador to Vietnam - said that this event is more meaningful when it has marked and created. a medium and long-term cooperation mechanism between the three sides over the next 5 years. "I really hope that the image of the good partnership between Korea and Vietnam that kicked off in Bac Ninh today will be rapidly replicated in other regions of Vietnam" - Ambassador Park Noh Wan to speak.