Vietnam and Japan will strengthen cooperation in technology transfer, and help the innovation and startup ecosystem, in addition to enterprise connections between the 2 nations.

On June 9, in Hanoi, Vietnamese Deputy Minister of Science and Technology Hoang Minh obtained Takashi Morisaki, chairman of the Board of Directors of Mitsubishi Research Institute (MRI) Tokyo to debate future cooperation.

Deputy Minister Hoang Minh mentioned he appreciated the go to of the delegation from the MRI Tokyo to the Ministry of Science and Technology, and expressed his want to strengthen cooperation in technology transfer between Vietnam and Japan.

Vietnam and Japan boost cooperation in technology transfer and innovation
Photo: The MST

The deputy minister proposed that Japan share its expertise in organising and managing enterprise capital funds to help the innovation and startup ecosystem and startup companies in Vietnam.

The deputy minister additionally proposed encouraging cooperation between the National Technology Innovation Fund and the New Energy and Industrial Technology Development Organisation in researching and growing a joint funding programme, and strengthening technological connectivity and cooperation between startups and small and medium-sized enterprises of the 2 nations via initiatives supported by the ASEAN-Japan Economic and Industrial Cooperation Committee (AMEICC).

He additionally proposed implementing a short-term funding bundle from the AMEICC – SME Digital Transformation Sandbox programme to help Vietnamese small and medium-sized enterprises in testing and making use of technology options supplied by Japanese startups.

Agreeing with the proposals from the Vietnamese aspect, Takashi Morisaki mentioned that MRI Tokyo would coordinate with related Japanese companies and organisations to develop a selected motion plan to encourage cooperation in the long run.

Enhancing worldwide cooperation is one among significance actions of the Ministry of Science and Technology (MST) amid the nation prioritises the event of core applied sciences, bettering the effectivity of state governance, and perfecting insurance policies to encourage sci-tech and digital transformation to serve financial development.

In earlier June, Vietnamese Minister of Science and Technology Vu Hai Quan and Henry Aguda, Secretary of Information and Communications Technology of the Philippines signed an MoU on cooperation to strengthen bilateral ties in digital technology.

In May, the Vietnamese Minister of Science and Technology additionally exchanged a Letter of Intent with Prof., Dr. Yodchanan Wongsawat, Deputy Prime Minister and Minister of Higher Education, Science, Research and Innovation of Thailand, and labored with Rajpal Singh, Ambassador of Singapore to Vietnam to debate strengthening cooperation in the fields of AI, digital financial system, innovation, and digital capability growth.

The MST can also be stepping up cooperation with the United Nations in digital technology and AI because it seeks to develop sensible and scalable innovation fashions.

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Promotion of international tech transfer funding is on the rise, however there are questions over absorption and spillover results.

Promoting technology transfer for drug and vaccine production in Vietnam Promoting technology transfer for drug and vaccine production in Vietnam

The Health Strategy and Policy Institute (HSPI) underneath the Ministry of Health held a convention on December 25 to advertise technology transfer for drug and vaccine manufacturing in Vietnam.

New law passed to strengthen technology transfer New law passed to strengthen technology transfer

Vietnam has taken one other step to strengthen its innovation ecosystem with the adoption of a revised authorized framework governing technology transfer, aimed toward supporting companies and accelerating technology adoption in the digital financial system.

Next-generation FDI to prioritise technology transfer Next-generation FDI to prioritise technology transfer

Vietnam’s strategy to attracting next-generation FDI is shifting, with the participation of home enterprises in world provide chains changing into a central measure of funding high quality.


By Bich Thuy





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