Vietnam’s Vingroup opens research center for applied IoT, robotics in South Korea
March 13, 2019 / Eden Estopace
Vietnam’s largest private enterprise has opened a research center dedicated to applied internet of things (IoT) technologies, artificial intelligence, robotics, and smart manufacturing plants in South Korea’s Daegu City, a famous electronic hub. Vingroup’s research center targets to develop products and solutions for vehicles and transportation. The Vietnamese conglomerate said VinTech Korea (VKR) is part of VinTech Technology Development, a joint stock company with an investment of US$11 million. "Vingroup chose Korea to open our first overseas office in the global VinTech Research Network because of Korea's "Creative index" is among the leading countries on the list, with experience in research and development,” said Vo Quang Hue, Deputy CEO of Vingroup, during the inauguration ceremony on March 4, 2019.