The Ministry of Science and Technology and the World Economic Forum (WEF) have reached an settlement to strengthen cooperation in synthetic intelligence, semiconductor know-how and digital transformation.
On July 8, Minister of Science and Technology Vu Hai Quan met with Maroun Kairouz, Managing Director of the World Economic Forum (WEF) in Hanoi to debate increasing cooperation in synthetic intelligence (AI), semiconductor know-how and digital transformation.

During the assembly, minister Vu Hai Quan reaffirmed Vietnam’s dedication to prioritizing AI and semiconductor know-how as key drivers of future financial development.
The minister recognized three key challenges that additionally symbolize main alternatives for Vietnam, together with attracting high expertise, growing interoperable knowledge programs and optimizing {hardware} infrastructure, significantly graphics processing models (GPUs).
He proposed that the WEF strengthen cooperation with Vietnam by connecting the nation with international skilled networks to assist the event of its AI ecosystem, serving to small and medium-sized enterprises improve their digital transformation capabilities, and partnering with Vietnam in organizing occasions throughout APEC 2027.

Managing Director of the WEF Maroun Kairouz praised Vietnam’s long-term imaginative and prescient and know-how technique, saying the nation has robust potential to grow to be one of many world’s 20 largest economies by leveraging its technological strengths.
He added that the WEF is eager to assist Vietnam in increasing AI purposes throughout the commercial sector.
The two sides agreed to finalize a memorandum of understanding (MoU) between the WEF and the Vietnamese Government at an early date. The settlement is predicted to function an necessary framework for implementing their cooperation commitments and accelerating the event of Vietnam’s digital economic system.
By Tran Binh- Translated by Huyen Huong