Vietnam’s Deputy Minister of Science and Technology Hoang Minh on May 20 had a gathering in Hanoi with Director General for Trade Policy at Sweden’s Ministry for Foreign Affairs, Ms. Camilla Mellander, to debate cooperation in analysis, innovation, digital transformation, and enterprise connectivity between the 2 international locations.
Deputy Minister Minh affirmed that Vietnam extremely values Sweden’s help, significantly by cooperation applications in science, expertise, and innovation throughout completely different phases of Vietnam’s improvement, together with analysis collaboration, coaching, and information switch initiatives.
He additionally expressed his hope that either side would additional strengthen cooperation, with a deal with connecting analysis funds such because the Vietnam’s National Foundation for Science and Technology Development (NAFOSTED), whereas increasing collaboration in atomic power, nuclear security, 5G/6G telecommunications, innovation, and startups.
According to the Foreign Investment Agency (FIA) below the Ministry of Finance, as of the tip of April 2026, Sweden remained the main Nordic investor in Vietnam, with complete registered FDI reaching greater than $1.76 billion throughout 111 legitimate initiatives.
Mr. Minh welcomed Swedish enterprises to take a position, switch expertise, and take part extra deeply in Vietnam’s worth chains. At the identical time, Vietnam pledged help in areas associated to mental property, information safety, manufacturing supplies, and the funding atmosphere with a purpose to promote extra substantive cooperation within the coming interval.
Ms. Camilla Mellander, for her half, said that Sweden would proceed cooperating with Vietnam in analysis, improvement, and expertise, whereas increasing collaboration in Sweden’s areas of power, together with innovation, startup ecosystems, R&D, mental property, 5G/6G telecommunications, and secure nuclear power.
During the assembly, many Swedish expertise firms additionally mentioned cooperation orientations in digital infrastructure, automation, textile recycling, prescription drugs, radiation monitoring, and industrial software program.
According to the Global Innovation Index (GII) 2025 Report launched by the World Intellectual Property Organization (WIPO), Sweden continued to rank second globally in innovation. Meanwhile, Vietnam is accelerating the event of science and expertise, innovation, and digital transformation as new drivers of financial development. This creates important alternatives for Vietnam to be taught from Sweden’s expertise, entry superior applied sciences, and strengthen cooperation with Sweden’s main companions in high-tech sectors.