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S Korea deal gives support industries a needed lift

Update: January, 25/2013 - 12:05

HA NOI (VNS)— Viet Nam and South Korea signed a memorandum of understanding in Ha Noi yesterday to promote co-operation in support industries.

Signatories to the MoU were Vietnamese Deputy Minister of Industry and Trade Tran Duong Quang and South Korean Deputy Minister of Knowledge Economy Jae-Hong Kim.

Quang expected the co-operation would help Viet Nam strengthen the country's support industry as well as meet its industrialisation and modernisation targets.

Under the signed document, Vietnamese experts will be invited to training programmes on the support industry in the RoK. Both sides agreed to strengthen bilateral co-operation in research and development, transfer of advanced technology, and human resource exchange.

Deputy Minister Jae said co-operation projects on support industry will be boosted, targeting industries of Viet Nam's concern such as garments, mechanics and electronics, which are also strong areas of the RoK.

On the sidelines of the signing, the Korea Institute of Industrial Technology and the Viet Nam Textile-Garment Institute signed a MoU to implement joint research on development co-operation, organise workshops, forums and exhibitions, and cooperate in human resource training and technology development. — VNS

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