Conference was held to review MOU on tripartite cooperation to support enterprises in Bac Ninh

WVR/VNA - On June 26, a conference was held to review the implementation of a Memorandum of Understanding (MoU) on tripartite cooperation between the Ministry of Industry and Trade (MoIT), the People's Committee of Bac Ninh province, and Samsung Electronics Vietnam Co., Ltd. regarding a programme to support Vietnamese enterprises in Bac Ninh.
Conference was held to support Vietnamese enterprises in Bac Ninh
Conference was held to support Vietnamese enterprises in Bac Ninh: Delegates take a group photos after signing a memorandum of understanding on support programme for businesses in Bac Ninh in 2024. (Photo: VNA)

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 programmes.

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 programme for businesses specialising in supporting industry in Bac Ninh and Samsung in particular. In this format, Vietnamese enterprises gain access to scientifically organised 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 programmes to develop smart factories have been trained to strategise and establish a continuous roadmap towards a smart factory model. The digitalisation 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 programmes for improving and developing smart factories have helped instil 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.

Conference was held to support Vietnamese enterprises in Bac Ninh
Vice Chairman of the provincial People's Committee of Bac Ninh Dao Quang Khai. (Photo: VNA)

Vice Chairman of the provincial People's Committee of Bac Ninh Dao Quang Khai said cooperation programmes 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.

“Becoming a vendor of Samsung in particular and large technology corporations in general means a turning point for businesses in Bac Ninh province. Samsung's strict requirements have helped businesses in the province have the basis to change and improve production capacity, labor productivity, and quality management systems to meet time, output, and quality requirements. quantity set by Samsung. From there, businesses in the province have the opportunity to find other big customers, creating conditions to expand production scale," Vice Chairman Dao Quang Khai commented.

In today's highly competitive market context, smart factory development is an inevitable trend for manufacturing enterprises.

The leaders of Bac Ninh province hope that the Ministry of Industry and Trade and Samsung Electronics Vietnam Co., Ltd. will continue to pay attention and coordinate with departments and branches of Bac Ninh province and units to effectively implement the committed contents.

Samsung Electronics Vietnam Co., Ltd. is more interested in the "Supplier Development Program," aiming to increase the number of businesses in Bac Ninh in particular and Vietnam in general becoming Samsung suppliers. For businesses that have and will participate in the program, the Vice Chairman of the provincial People's Committee of Bac Ninh noted the need to regularly maintain improvement, gradually further raise the level of smart factories and strive to become a Samsung supplier and promote sharing experiences on successes achieved with other supporting industry enterprises in the province.

Within the framework of the program, the provincial People's Committee of Bac Ninhe, the Ministry of Industry and Trade and Samsung Electronics Vietnam Co., Ltd. have signed a Memorandum of Understanding on cooperation on the program to support Vietnamese businesses. in Bac Ninh province in 2024./.

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(Source: WVR/VNA)