Hanoi (VNA) – Vietnam holdspotential to develop its software industry thanks to having many young IT-savvyworkers, according to Cedrik Neike, Member of the Managing Board of Siemens AG,Europe’s leading industrial manufacturer based in Germany.
He made the comment at a meeting with DeputyPrime Minister Trinh Dinh Dung on November 13 while visiting Vietnam.
In his remarks at the event, Deputy PM Dungaffirmed economic ties are the backbone of Vietnam – Germany relations, and thetwo countries have much potential for further cooperation in the future.
Dung hoped that Siemens, as one of Germany’slargest groups, will continue to help boost bilateral relations, particularlyin trade, economics, and investment.
The Deputy PM noted that Vietnam needs todevelop its power infrastructure to keep up with economic growth and at thesame time, must renovate and develop its power transmission network and enhancetechnology-based management and operation of the network to ensure safety andcost efficiency.
Siemens has been working in many energyprojects with a focus on thermal electricity, providing technical solutions in powernetwork operation and control, Neike said.
He said that the group is looking to expandinto the software industry and transportation infrastructure developmentthrough offering solutions for smart traffic and smart city management.
Welcoming the plan, Dung added that Vietnamwill facilitate investment in machine building, energy, medical equipment andrailway.
During the meeting, the Siemens managerhailed Vietnam as a dynamic economy in the region and as a promising market forSiemens’ products with all the hallmarks for the company to expand productionfor export.-VNA