ASEAN+3 pushes for further collaboration in electronics industry - Website Ho Chi Minh City
A workshop on the sustainability of the electronics industry was held in Ho Chi Minh City on October 22 in an effort to enhance the cooperation among ASEAN Plus Three member states.
The Korea Institute of Industrial Technology (Kitech) and the Vietnam Electronics Industry Association (VEIA) jointly hosted the workshop.
Participants discussed the industry’s growth, achievements and collaboration opportunities. Furthermore, they voiced their opinions on related issues, including the policy framework, the investment climate and the commitments of foreign direct investors.
Suh Dong-Hyuk, a representative of Kitech, presented the strategies and policies implemented in the RoK to foster technology development.
As a leader in the field of technology, the RoK has continuously supported its regional partners, such as Vietnam and Indonesia, in research and development, and human resources.
Vietnam’s information technology and electronics industries have potential for further development and are progressing steadily.
However, despite positive progress, only a few of the country’s enterprises are integrated into the supply chains of global technology conglomerates.
Currently, Vietnam exports electronics to almost 50 nations with a total trade turnover of 37 billion USD in 2013, three times higher that of 2011.
ASEAN+3 comprises 10 member countries of the Association of Southeast Asian Nations (ASEAN) and three East Asian nations, China, Japan, and the RoK.