The Ministry of Industry and Trade (MoIT) and Samsung Vietnam co-operate to provide training for 200 Vietnamese moulding technicians. — Photo courtesy of Samsung

The Ministry of Industry and Trade (MoIT) and Samsung Vietnam on Tuesday jointly launched a training programme for Vietnamese moulding technicians.

The programme comes following the signing of an agreement reached by the two sides within the framework of the ninth meeting of the Viet Nam-Republic of Korea Joint Committee which took place on October 22, 2019.

Under the four-year programme, Samsung will help Viet Nam train 200 technicians in the moulding field to enhance production capacity of domestic fundamental manufacturing industries.

There will be two courses each year, with each course lasting for 14 weeks, comprising 10 weeks in Viet Nam and four weeks in the RoK.

Speaking at the launch ceremony, Deputy Minister of Industry and Trade Do Thang Hai, Viet Nam’s moulding and precision engineering industry earns over US$1 billion annually and posts an annual growth rate of 18 per cent.

Choi Joo-ho, general director of Samsung Vietnam, said once creating a firm foundation with an outstanding moulding industry, Vietnamese firms will be able to join Samsung’s supply chain and become a supplier to other global businesses. — VNS