Mid-term review of Memorandum of Understanding on Supporting Program for Local Enterprises in Bac Ninh

Permanent Vice Chairwoman of the Provincial People's Council Tran Thi Hang (5th from left) and Vice Chairman of the Provincial People's Committee Dao Quang Khai (5th from right) take souvenir photos with delegates.

Participants at the meeting were Ms. Tran Thi Hang, Member of the Provincial Party Standing Committee, Permanent Vice Chairwoman of the Provincial People's Council; Mr. Dao Quang Khai, Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee; representatives from the Ministry of Industry and Trade; Samsung Vietnam; and leaders of departments, branches, and sectors.

In September 2020, the Provincial People's Committee, the Ministry of Industry and Trade, and Samsung Electronics Vietnam Co., Ltd. signed a Memorandum of Understanding on Supporting Program for Local Enterprises in Bac Ninh with the goal: By 2025, the contribution rate of Vietnamese enterprises operating in the province to the industrial production value created by Samsung will increase annually through the implementation of consulting programs and supplier development programs.

By the end of 2023, 39 enterprises in the province out of 340 Vietnamese suppliers participated in Samsung's supply chain. Of which, 05 enterprises are tier 1 suppliers, 17 enterprises are tier 2 suppliers, and 17 enterprises are consumable service suppliers.

Vice Chairman of the Provincial People's Committee Dao Quang Khai speaks at the Conference.

Becoming a supplier of Samsung in particular and large technology corporations in general is a turning point, helping businesses in the province have the basis to change and improve production capacity, labor productivity, and quality management systems to meet Samsung's time, output, and quality requirements. From there, businesses have the opportunity to find other large customers, creating conditions to expand production scale.

Signing an agreement to support consulting on the development of Smart Factory in Bac Ninh.

Speaking at the meeting, Mr. Kim Tea Hoon, Deputy General Director in charge of Samsung Vietnam Purchasing Center emphasized: From the results of cooperation in the past time, many excellent enterprises in Bac Ninh have received the certificate of "50 years of production experience" from Samsung through in-depth and systematic consulting activities; consultants are trained and equipped with the capacity. This competitive capacity has helped many enterprises open up opportunities to participate in the global supply chain.

For his part, Vice Chairman Dao Quang Khai affirmed that the supporting program has been bringing positive signals to the Vietnamese industry in general and the supporting industry in particular, helping Bac Ninh enterprises and domestic enterprises in increasing development opportunities and participating in the global supply chain, thereby, promoting local socio-economic development.

Khai requested the Ministry of Industry and Trade and Samsung Vietnam to continue to pay attention and coordinate with the provincial departments, sectors, and units to effectively implement the committed contents; research and propose new contents suitable to the practical situation and orientation of Bac Ninh province in the period up to 2030.

Participants at the meeting.

He urged the Department of Industry and Trade to work with relevant agencies to advise and propose contents to support supporting industry enterprises in the following years and replicate this model to other industries and fields in the province.

On this occasion, Samsung Vietnam, the Department of Industry and Trade and representatives from enterprises signed an agreement to support consulting on the development of Smart Factories in Bac Ninh.