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Ministry of Industry and Trade and Bắc Ninh Sign Smart Factory Cooperation MoU

1 report, 1 independent Updated Oct 8
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What happened

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The People's Committee of Bắc Ninh City, along with the Ministry of Industry and Trade, signed a memorandum of understanding for a smart factory development program spanning 2026 to 2030. This agreement builds upon an original MoU signed in September 2020, which aimed to increase the contribution of local Vietnamese enterprises to industrial production value generated by Samsung Electronics Việt Nam Co., Ltd. through consulting and supplier development initiatives.

From vietnamnews.vn

Why it matters

Some supportBrind's analysis of the reports

The program has previously helped supporting enterprises in Bắc Ninh enhance management capabilities, accelerate digital transformation, and improve product quality. By participating, many enterprises have digitized operations, automated production, saved costs, and boosted production efficiency, deepening their integration into global supply chains.

From vietnamnews.vn

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Coverage

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