(Photo: VNA)

The project, which is jointly developed by the Ministry of Industry and Trade, the provincial People’s Committee and Samsung Electronics Co. Ltd, aims to train 100 Vietnamese experts and provide consultation to help 50 businesses set up smart factories in 2022 and 2023.

It is the latest programme in a series of innovative consulting activities for Vietnamese businesses and training Vietnamese experts to effectively replicate, strengthen synergy and continue to strengthen supporting industry development activities. It is expected to help businesses enhance their competitiveness by improving their productivity, product quality, and reducing production cost.

The project is also supposed to strengthen the connection between enterprises and local authorities, and between FDI enterprises and domestic investment enterprises. DM Vina Co. Ltd and Accuracy Co. Ltd will be the first in Vinh Phuc province to receive support in terms of trade and technical guidance to develop smart factory.