Vietnam has secured a landmark export order for 5,000 cargo unmanned aerial vehicles (UAVs) and 100 million semiconductor chips, all produced by a Vietnamese company for a South Korean partner.

The agreement was formalized at the Vietnam-South Korea Business Forum in Seoul on August 12. Vietnam's CT Group and an emerging South Korean UAV technology company signed a Memorandum of Understanding (MoU) on cooperation under the witness of General Secretary of the Communist Party Central Committee To Lam and South Korean Prime Minister Kim Min Seok.

A representative from CT UAV, a subsidiary of CT Group, stated that mastering core technologies and securing a cargo UAV export order for a high-end and demanding market like South Korea is a "vivid testament to Vietnam's rise in the new era". The representative added that this achievement "opens a wide door for CT UAV to export to many other countries around the world".

The heavy-lift cargo UAVs developed by CT UAV, with payload capacities ranging from 60kg to 300kg, have been highly regarded by several countries, including South Korea. The drones feature an impressive 85% localization rate and proprietary Vietnamese technology.

Furthermore, the company's self-sufficiency in designing semiconductor chips for its UAVs provides a significant competitive advantage and demonstrates Vietnam's readiness to compete at a higher technological level. This deal is expected to not only promote national economic growth but also enhance Vietnam's position and prestige on the international stage.

CT Group also secured a separate order to export 100 million ATP semiconductor chips to its South Korean partner. This is a particularly noteworthy achievement, as the semiconductor industry is an extremely complex field dominated by a handful of developed nations.