Networking event held for Vietnamese, Korean innovation firms
An investment promotion event was held in the northern port city of Hai Phong on April 15, aiming to connect Vietnamese and Korean enterprises in the field of innovation and start-up.
The Hai Phong Young Entrepreneurs Association and the RoK’s Cheongju City Business Association sign a memorandum of understanding on cooperation at the event. (Photo: VNA)
HaiPhong (VNA) – An investment promotion event was held in the northernport city of Hai Phong on April 15, aiming to connect Vietnamese and Koreanenterprises in the field of innovation and start-up.
Theevent was jointly organised by the municipal Department of Science andTechnology, authorities of Cheongju city in Chungbuk province of the Republicof Korea (RoK) and Chungbuk Technopark.
In herremarks, Deputy Director of the municipal Department of Science and TechnologyPham Thi Sen Quynh said since 2017, the department has proposed the municipalPeople's Committee issue policies to supporting the development of Hai Phong'sinnovative startup ecosystem, thus helping to attract domestic and foreigninvestors to invest in start-up businesses.
Anetwork of investors has been formed for start-up and innovation projects,connecting businesses with customers who will buy and order their products,services, and technological solutions, she added.
Accordingto Quynh, the department signed a cooperative agreement with the ChungbukTechnopark in September last year. Accordingly, relevant units organised aconference to connect investment in innovative businesses in Vietnam and theRoK. She held that the conference offered an opportunity for investment fundsto connect with startups from the two countries to explore investmentagreements, helping to develop the markets of both sides.
LeeBeom-seog, Mayor of Cheongju city, lauded Hai Phong's potential in developing aglobal innovation and startup ecosystem, elaborating that this cooperation willhelp the parties adapt quickly to rapid changes in the world amidst a fiercelycompetitive science and technology environment.
At theevent, representatives of Korean enterprises introduced some outstandingtechnologies such as semiconductor and cosmetics to businesses of Hai Phong andVietnam.
Dao VuThai, Deputy Director of AIM Tech Company, said the event was a chance fordomestic businesses in the field of innovation and startup to explorecooperative opportunities with major partners.
Onthis occasion, the Hai Phon♕g Young Entrepreneurs Association and the RoK’sCheongju City Business Association signed a memo🥂randum of understanding oncooperation./.
The northern port city of Hai Phong is rolling out measures to make breakthroughs in the development of economic zones (EZ) and industrial parks (IP) to attract more foreign direct investment (FDI).
Vietnam, one of the world’s leading agricultural exporters, wants to bolster cooperation in the field with the Republic of Korea (RoK) who boasts strengths in applying advanced technology into cultivation and processing, Minister of Agriculture and Rural Development Le Minh Hoan said on March 18.
Vietnamese and Korean experts gathered in Ho Chi Minh City on March 26 for the Vietnam-Republic of Korea (RoK) Copyright Forum 2024, a joint effort by the Vietnamese Ministry of Culture, Sports and Tourism and the Korea Copyright Protection Agency (KCOPA) to tackle pressing issues related to copyright protection in the digital environment.
The goal of raising two-way trade between Vietnam and the Republic of Korea (RoK) to 150 billion USD in a balanced and sustainable direction by 2030 is reachable, said Finance Minister Ho Duc Phoc.
Ten domestically-manufactured offshore wind turbine towers are set to depart from Phu My Industrial Zone in the southern province of Ba Ria-Vung Tau by the end of April 2024, bound for Jeonnam 1 wind power project off the coast of the Republic of Korea (RoK)'s Jeonnam province.
With its own capabilities and the close, experienced partnership of the International Atomic Energy Agency (IAEA), Vietnam is well-positioned to pursue its first nuclear power plant that meets the highest international safety standards. Ambassador Vu Le Thai Hoang, Permanent Representative of Vietnam to the United Nations and International Organisations in Vienna, Austria, talked to the Vietnam News Agency about the country’s deepening cooperation with the International Atomic Energy Agency (IAEA) in applying nuclear technology for peaceful purposes.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
The Hai Phong Young Entrepreneurs Association and the RoK’s Cheongju City Business Association sign a memorandum of understanding on cooperation at the event. (Photo: VNA) 
