Latest news with #Vietnam-KoreaEconomicForum
Barnama
5 days ago
- Business
- Barnama
CT Group Propels Vietnam Into Global Tech Arena With UAV Export Deal
BUSINESS KUALA LUMPUR, Aug 15 (Bernama) -- Vietnam officially entered the global tech big leagues as CT Group signed a landmark deal to export 5,000 unmanned cargo aircraft to a major South Korean drone firm, marking the nation's first large-scale unmanned aerial vehicle (UAV) export. The signing of the memorandum of understanding (MoU) took place at the Vietnam-Korea Economic Forum on Aug 12 in Seoul, witnessed by Vietnam's General Secretary To Lam and South Korean Prime Minister Kim Min-seok. Developed by CT UAV, a member of CT Group, the heavy-duty transport UAV models, ranging from 60 kilogrammes (kg) to 300 kg, boast a localisation rate of up to 85 per cent and exclusive Vietnamese technology, earning high recognition from several nations, including South Korea. During the event, CT Group also managed to secure an order to export 100 million ATP semiconductor chips to a South Korean partner, strengthening its technical foundation to support Vietnam's comprehensive digital transformation. CT Group in a statement said mastering all core technologies in the cutting-edge UAV sector further affirms the strategic role of the company in shaping the nation's technological future. Being adopted in various sectors, UAVs have become one of the most critical technologies, with widespread applications spanning diverse industrial sectors to urban development and consumer markets, from specialised military and security fields to the defence of whole nations or vast regions. With the rapid technological advancements in South Korea, securing an export order for unmanned cargo aircraft for the selective market stands as vivid proof of a rising Vietnam in the new era while also opening opportunities for CT Group to expand UAV exports to a wide range of countries worldwide. The company's self-sufficiency in designing semiconductor chips for UAVs provides CT UAV with a distinctive competitive advantage, in addition to demonstrating Vietnam's readiness to compete in the global technology arena at a higher level. -- BERNAMA
Barnama
5 days ago
- Business
- Barnama
Vietnam Secures First-Ever Export Order For 5,000 Unmanned Cargo Aircraft To A Hi-tech Nation
SEOUL, South Korea, Aug 15 (Bernama) -- On August 12, 2025, a historic milestone was marked in the nation's technology sector as Vietnam received its first order to export 5,000 unmanned cargo airplanes to a top-tier global technology powerhouse like South Korea. The memorandum of understanding (MOU) was signed between CT Group from Vietnam and an emerging South Korean drone technology company during the Vietnam-Korea Economic Forum on August 12, 2025, in Seoul, South Korea. This landmark event took place in the presence of General Secretary of Vietnam To Lam and Prime Minister of South Korean Kim Min-seok.
