Log in
Business

Vietnamese businesses empowered by Samsung's smart factory development project

The project to support the development of smart factories in localities is an activity within the "Smart Factory Development Cooperation" project.

Through Samsung's support project, Vietnamese enterprises have been able to improve their operational capabilities for the development of smart factories.

 Choi Joo Ho, CEO of Samsung Vietnam (first from right) and experts visit a factory under the project. Photo: Samsung Vietnam

The results were announced at a closing ceremony of the "Smart Factory Development Cooperation" project in the first phase of 2023, launched by Samsung Vietnam in cooperation with the Ministry of Industry and Trade (MoIT) and local authorities.

Twelve enterprises participated in the project from June 7 to August 23, 2023, including five in Bac Ninh Province, one in Vinh Phuc Province, two in Hanoi, three in Hung Yen Province, and one in Ha Nam Province, all of which received expertise from Vietnamese and Samsung consultants from South Korea.

"We used to manage data completely manually. This project has helped us digitize and manage data on software and systems, especially to eliminate abnormal errors that caused significant losses to the company during production. This is crucial for the development of our company," said Nguyen Minh Ngoc, General Director of Thang Long Packaging Production and Import-Export JSC:

The company's management has decided that the project will be maintained and expanded throughout the company, and that issues for improvement will be resolutely addressed as soon as possible, he added.

Kweon Hyeogchel, a consulting expert from Samsung Korea, also saw the determined spirit of business leaders like Ngoc during the project implementation, further enhancing their competitive capabilities in the current highly competitive and challenging economic environment.

"This can be considered the most successful aspect of the project, as these employees are the core that will help the businesses to further expand software applications in the future," he emphasized.

Thang Long Packaging Production and Import-Export JSC and two other companies, Tien Thanh JSC and Viet Nhat Electronics Co., Ltd. made significant improvements in optimizing their systems through activities such as building a real-time data collection/sharing environment for production output and quality inspection, managing machine status and key equipment parameters, and implementing barcode applications for real-time import/export and inventory.

"The project enterprises should quickly make plans to further maximize the effectiveness of the program and contribute to improving the competitiveness of local businesses and the development of industrial and supporting industries nationwide," said Deputy Director General of MoIT's Industry Agency Pham Tuan Anh at the closing ceremony,

"I am delighted to see the remarkable transformation of the companies after participating in the project. The improvements are not only due to the guidance of experts, but also to the strong investment commitment and active contribution of the company's staff and employees," said Choi Joo Ho, CEO of Samsung Vietnam.

He hoped that these companies will continue to maintain and improve their progress in the future to achieve even greater success.

He urged the Vietnamese government to ease the burden on these enterprises by implementing cost-supporting policies or tax reductions.

The project to support the development of smart factories in localities is an activity under the "Smart Factory Development Cooperation" project, for which Samsung and the Ministry of Industry and Trade signed a memorandum of understanding in February 2022.

The project aimed to support the training of 100 Vietnamese experts and 50 businesses in the application of the  smart factory model within two years (2022-2023).

The second phase of the project will continue to provide consulting to another 12 enterprises in the southern region from September 2023.

Reactions:
Share:
Trending
Most Viewed
Related news
Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Open innovation is becoming a cornerstone of Vietnam’s development strategy, as policymakers, experts and international partners emphasize people-centered collaboration to tackle inequality, climate change and urbanization through inclusive, technology-driven solutions showcased at TECHFEST Vietnam 2025.

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam’s startup ecosystem continues to expand rapidly, with strong venture capital inflows and fast growth in digital, AI and green technologies, reinforcing the country’s appeal to global investors.

Vietnamese policymakers push for early launch of gold exchange

Vietnamese policymakers push for early launch of gold exchange

A transparent gold exchange would not only offer a safe investment channel for the public but also provide a foundation for Vietnam to become a regional hub for jewelry manufacturing and exports.

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom will transfer technology, localize nuclear products in Vietnam and support the development of the country’s nuclear science and industry for peaceful purposes.

Hanoi accelerates innovation reforms to become favorite destinations for investors, technology talents

Hanoi accelerates innovation reforms to become favorite destinations for investors, technology talents

Hanoi is pushing forward a wide range of innovation-driven reforms and investment initiatives as it works to become one of the world’s most attractive destinations for high-tech and strategic investors.

Vietnam mulls sharp rise in casino entry fee for locals

Vietnam mulls sharp rise in casino entry fee for locals

Such higher rates are intended to discourage individuals without adequate financial capacity from entering casinos.

Vietnam’s export strength in 2025 builds solid momentum for 2026 growth

Vietnam’s export strength in 2025 builds solid momentum for 2026 growth

With trade turnover nearing the US$900-billion mark, Vietnam enters 2026 with renewed confidence despite global volatility, rising trade barriers and shifting supply chains. Deputy Director of the Import–Export Department Tran Thanh Hai has outlined the drivers of this growth and the priorities for sustaining momentum next year.

Vietnam sets new trade record as import–export turnover nears $840 billion

Vietnam sets new trade record as import–export turnover nears $840 billion

Vietnam recorded its highest-ever trade performance in January-November as import–export turnover surged, driven by strong export growth and a continued trade surplus.