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Vietnam possesses great potential in the software industry
Trung Kien 08:18, 2017/11/22
Vietnam holds potential to develop its software industry thanks to having many young IT-savvy workers, according to Cedrik Neike, Member of the Managing Board of Siemens AG, Europe’s leading industrial manufacturer based in Germany.
He made the comment in the recent visit to Vietnam. He affirmed economic ties are the backbone of Vietnam – Germany relations, and the two countries have much potential for further cooperation in the future. 



 

Siemens, as one of Germany’s largest groups, will continue to help boost bilateral relations, particularly in trade, economics, and investment. Vietnam needs to develop its power infrastructure to keep up with economic growth and at the same time, must renovate and develop its power transmission network and enhance technology-based management and operation of the network to ensure safety and cost efficiency.

Siemens has been working in many energy projects with a focus on thermal electricity, providing technical solutions in power network operation and control, Neike said. He said that the group is looking to expand into the software industry and transportation infrastructure development through offering solutions for smart traffic and smart city management.
 


 

The Siemens manager hailed Vietnam as a dynamic economy in the region and as a promising market for Siemens’ products with all the hallmarks for the company to expand production for export.

Currently, Siemens is one of the international partners of the VinFast automobile manufacturing complex, construction of which is underway at the Dinh Vu-Cat Hai Economic Zone in the northern port city of Hai Phong. Accordingly, the two sides will join force to work on advanced plant management and operation system towards Industry 4.0.
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