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Samsung Vietnam confirmed that the information of bringing 200 foreign companies into the supply chain in Vietnam is not accurate.

 

On the afternoon of July 4, the day after the news about VCCI's 200 foreign suppliers that Samsung plans to introduce into Vietnam, Samsung Vietnam has responded.

The company said that in order to become a supplier of Samsung, every business, whether foreign or Vietnamese, must actively demonstrate its ability and determination to participate in the global value chain of the Group. This.

"There is absolutely no Samsung inviting them to participate in, or actively bring foreign businesses into Vietnam to supply them. These businesses come to Vietnam to do business purely because of their decision" , Samsung said.

According to Samsung, up to now, the total number of first-tier suppliers (directly supplied by Samsung) to Samsung in Vietnam is over 200, of which 29 are from Vietnam.

The number of Vietnamese enterprises that are Tier 1 suppliers is expected to increase to 50 by 2020.

To this end, Samsung has been carrying out a number of activities to support local businesses, including the organization of annual industry support missions to connect potential Vietnamese suppliers. The Implementing the Business Improvement Consultancy Program with the direct participation of experienced experts from Korea.

Recently, in order to increase the efficiency and effectiveness of the program, Samsung has cooperated with the Ministry of Industry and Trade to train 200 Vietnamese consultants in 2018 and 2019.

These experts are expected to retrain and advise their Vietnamese counterparts to improve their capabilities and opportunities to participate more deeply in the value chain of global businesses.

Duc Minh

According to Young Intellectuals