Vietnam, RoK cooperate in industrial design

The Trade Promotion Department under the Ministry of Industry and Trade (MoIT) will cooperate with the Republic of Korea (RoK) Institute of Design Promotion (RoK IDP) in the field of industrial design.

Under a memorandum of understanding (MoU) signed in Hanoi this week, the two sides will share experience and the latest information regarding industrial design, cooperate in holding seminars and fairs as well as assist enterprises in human resource training.

Addressing the signing ceremony, Director of the RoK IDP Hyuntae Kim said the MoU is seen as the first step for RoK, a powerhouse in the industrial design, to work out aid programmes for Vietnam .

Deputy Minister of Industry and Trade Nguyen Thanh Bien said the cooperation will open up opportunities for Vietnamese enterprises to glean experience from the RoK in order to accelerate the sector in their own country.

According to the MoIT, investment-trade relations between Vietnam and the RoK have developed well. In 2009, two-way trade turnover between the two countries reached US$9 billion despite the impacts of the global economic crisis. The figure is expected to climb to US$20 billion in 2015.

 

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Industrial design sector set to develop

HA NOI — Increased investment from the Vietnamese Government and companies would be a breakthrough in the development of the country's promising industrial design sector, said the Korea Institute of Design Promotion (KIDP) chairman Kim Hyuntae at a conference yesterday in Ha Noi.

From 2005 to 2009, the South Korean Government invested an average of over US$30 million in this sector, which created over 50,000 jobs.

These figures suggest that industrial design had proven to be a crucial space in the current economy, Kim noted.

He called on Viet Nam to establish an office that would oversee the development of growth strategies for this sector.

Broadening this space could also create a channel for the country to receive new technologies. Korean firms at the conference agreed that industrial designs proved more significant as market competition increased. "Stellar designs can enhance company recognition and reputation by consumers," said Yong-il An, director of Samsung's Design Research and Planning Centre.

A memorandum of understanding (MoU) was reached yesterday between the KIDP and the Ministry of Industry and Trade's Trade Promotion Agency that will facilitate the exchange of relevant policies as well as the latest information concerning the sector, including seminars and international fairs focused on design. The document also has the potential to foster co-operation between these two business communities. — VNS

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VN, RoK cooperate in industrial design

The Trade Promotion Department under the Ministry of Industry and Trade
(MoIT) will cooperate with the Republic of Korea (RoK) Institute
of Design Promotion (RoK IDP) in the field of industrial design.

Under a memorandum of understanding (MoU) signed in
Hanoi on Sept. 15, the two sides will share experience and the latest
information regarding industrial design, cooperate in holding
seminars and fairs as well as assist enterprises in human resource
training.

Addressing the signing ceremony, Director
of the RoK IDP Hyuntae Kim said the MoU is seen as the first step for
RoK, a powerhouse in the industrial design, to work out aid programmes
for Vietnam .

Deputy Minister of Industry and
Trade Nguyen Thanh Bien said the cooperation will open up opportunities
for Vietnamese enterprises to glean experience from the RoK in order to
accelerate the sector in their own country.

According to the MoIT, investment-trade relations between Vietnam
and the RoK have developed well. In 2009, two-way trade turnover between
the two countries reached nine billion USD despite the impacts of the
global economic crisis. The figure is expected to climb to 20 billion
USD in 2015./.

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