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

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.

Auto tire production at Southern Rubber Industry Joint Stock Company or Casumina (Photo: SGGP)

30 years of FDI attraction: capital increase but technology unexpected

After exceeding last year target of US$25 billion to reach $28 billion in October, Foreign Direct Investment (FDI) capital attraction obtained the new record of $35 billion for the entire year, the highest level for the last ten years. Disbursement approximated $17 billion, the highest ever level.

Illustrative photo

Seminar seeks to promote technology transfer

Measures to help Vietnam solve challenges in applying foreign technologies in domestic production and build relevant policies were discussed at a workshop in Hanoi on July 6.