Logo of Phnom Penh Post newspaper Phnom Penh Post - More Vietnamese firms investing in robot production

More Vietnamese firms investing in robot production

Content image - Phnom Penh Post
With Viet Nam’s demand for robots in the manufacturing industry on the rise, many businesses are investing in the field. VIET NAM NEWS/ANN

More Vietnamese firms investing in robot production

More Vietnamese businesses are investing in the robot manufacturing industry as demand for such products is growing rapidly in Vietnam, experts have said.

Among eight local projects granted investment permits by Saigon Hi-Tech Park late last year was a $5 million research, development and manufacturing centre for experimental robots and automation from IDEA Technology Joint Stock Company.

Do Hoang Trung, chairman and general director of IDEA, said the company about two years ago began producing robotic arms, automatic guided vehicles and other items, which have been sold to FDI businesses in Vietnam.

The company plans to build its 1ha facility at the park soon, as well as a training centre for staff. It aims to become a leading robot brand in Vietnam in the next five years.

Kieu Huynh Son, deputy chairman of the Ho Chi Minh City Mechanical and Electrical Businesses Association, said many businesses such as Idea, Autotech and Truc Quang were taking part in the field.

Huynh Phong Phu, director of electrical and electronic manufacturer ABB Vietnam’s Robotics and Discrete Automation Business, said the demand for robots in manufacturing was rising fast in Vietnam.

The country is one of the fastest-growing robot consumption markets in Asean, and is expected to grow even more in the next two to three years, he added.

Tran Thanh Thuy, former deputy rector of Vietnam Research Institute of Electronics, Informatics and Automation, said that domestically produced robots were cheaper than imported ones.

However, due to limited technical infrastructure, underdeveloped supporting industries and limited robot quality testing equipment, local businesses have not been willing to invest heavily, preventing the industry from reaching its full potential.

Hoang Viet Hong, deputy general director of Industrial Machinery and Instruments Holding JSC, said that many businesses wanted to apply more modern technology and robots, but were encountering problems related to manpower and investment funds.

He said that there should be more collaboration between domestic and foreign experts to develop new automation technology for Vietnam’s manufacturing process. More attention also needs to be paid to pushing investment and research, he added.

VIET NAM NEWS/ASIA NEWS NETWORK

MOST VIEWED

  • Five-year-old Hanuman dances his way into hearts of Cambodia

    A young talent from a new-established settlement has emerged, captivating the online world with his mesmerising performances of the traditional Cambodian monkey dance. Roeun Kakada is a five-year-old prodigy who has taken the social media sphere by storm with his exceptional dance skills and dedication

  • Fresh Covid warnings as Thai hospital fills

    A senior health official reminds the public to remain vigilant, as neighbouring countries experience an increase in Covid-19 cases, with the latest surge appearing to be a result of the Omicron XBB.1.5 sub-variant. Or Vandine, secretary of state and spokeswoman for the Ministry of Health,

  • Honda shutters Siem Reap football club

    Japanese football legend Keisuke Honda, the owner of Siem Reap football club Soltilo Angkor FC, has been forced to shut the club down, after it failed to attract sponsorship for the upcoming season. Honda, the former manager of the Cambodia men's national football team, said

  • Hun Sen warns of regional tensions

    ASIA is becoming a dangerous geopolitical hotspot, with several countries announcing that they intend to send naval vessels towards Southeast Asia and on to the South China Sea, warned Prime Minister Hun Sen. “Heated geopolitical issues can easily escalate, namely to war. I am not

  • PM declares ASEAN Para Games open

    The 12th ASEAN Para Games officially kicked off on the evening of June 3 at Morodok Techo National Stadium in Phnom Penh, with a spectacular opening ceremony featuring fireworks and performances by some of the Kingdom’s most accomplished talents. Tens of thousands of sports fans

  • Waterway job still pending for Kampot tourism port’s opening

    The search is still on for a contractor to expand and deepen the Kampot International Tourism Port’s waterway and deliver additional enhancements allowing safe access for larger vessels, nearly a year after the main construction work on the 4.25ha site was completed on June 30, 2022.