Technology transfer to be localized

Professor Doctor Nguyen Ky Phung, Deputy Director of the Ho Chi Minh City (HCMC) Department of Science and Technology said in a meeting with the Korean delegation from Daegu City that the transfer of technology from Korea to Vietnam will be localized to suit domestic needs.

An assembly line in Samsung Vietnam Company located in Yen Phong Industrial Park. Photo by Vietnam News Agency
An assembly line in Samsung Vietnam Company located in Yen Phong Industrial Park. Photo by Vietnam News Agency

According to Prof. Dr. Nguyen Ky Phung, the technology transfer of Daegu City will greatly help the comprehensive development of businesses in Vietnam in general and particularly in HCMC.

However, only with deeper understanding about the structure as well as the usage mechanism of these technologies can related domestic businesses manufacture suitable equipment to contribute to the decrease of end-products while increasing workers’ awareness of new technology.

This will be a positive signal for innovative startup companies in Vietnam.

The HCMC Department of Science and Technology guarantees that it will closely cooperate with leaders of Daegu City.

Daegu City is one developed area in Korea with the successful model of Daegu Technopark – where more than 260 high-tech companies are sited and operating in a large scale. They want to introduce their technologies to any Vietnamese businesses in demand. 

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