Vietnam - Singapore innovation centre helps firms transform production
The Vietnam - Singapore Industry 4.0 Innovation Centre recently made debut in the southern province of Binh Duong, aiming to not only support startups but also assist manufacturers to carry out reforms and raise labour productivity.
Hanoi (VNA) – The Vietnam - Singapore Industry 4.0 Innovation Centre recentlymade debut in the southern province of Binh Duong, aiming to not only supportstartups but also assist manufacturers to carry out reforms and raise labourproductivity.
Thecentre comes as a result of the cooperation between the Vietnamese side, comprising of the Becamex IDC Corp. under the Binh Duong provincial People’s Committee, theVietnam - Singapore Industrial Park (VSIP) joint venture and the EasternInternational University, and Singaporean partners, including Singapore Polytechnic and the Smart i4.0 TransformationAlliance.
It is equipped with laboratories, machinery, and facilities to helpcreators and enterprises conduct research and reform without havingto make their own financial investment.
With support from experienced Singaporean partners, it also looks toassist enterprises to improve and transform their existing machinery andproduction lines to promote governance effectiveness, labour productivity, andadded value.
At the recent NationalInnovative Entrepreneurship Day 2022 (Techfest Vietnam 2022), theMinistry of Science and Technology and Becamex IDC, which representedVietnamese and Singaporean partners, also signed a cooperation agreement to design programmes for supporting startups./.
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Illustrative image (Photo: hanoimoi.com.vn) 
