Minister of Planning and Investment urges enhanced Việt Nam-Korea tech collaboration

July 01, 2024 - 14:14
Minister of Planning and Investment urged VINK to strengthen connections and support collaboration between Vietnamese and Korean businesses in semiconductors, IT, AI and digital content.
Minister of Planning and Investment Nguyễn Chí Dũng met with the Vietnam Innovation Network in Korea (VINK) in Seoul. — VNA/VNS Photo

HÀ NỘI — Minister of Planning and Investment Nguyễn Chí Dũng met with the Vietnam Innovation Network in Korea (VINK) during Prime Minister Phạm Minh Chính’s official visit.

He urged VINK to strengthen connections and support collaborations between Vietnamese and Korean businesses, focusing on high-priority sectors such as semiconductors, IT, AI and digital content.

Minister Dũng highlighted initiatives like the Vietnam-Korea Startup Exchange (VKSE) programme, which emphasises semiconductor and AI training.

VINK showcased its activities in South Korea, including scientific research collaborations, technology transfers, and assistance for Vietnamese AI centres and businesses expanding into the South Korean market.

Looking forward to the rest of the year, plans involve expanding current programmes and launching AI talent incubators with support from Việt Nam's National Innovation Center (NIC), aimed at attracting major Korean technology partners to Việt Nam.

Minister Dũng underscored NIC's operational status at Hòa Lạc, spanning nearly 20,000 square metres and offering special incentives for partners. He encouraged network members to collaborate and facilitate the establishment of research units, offices, labs, and manufacturing facilities at NIC Hòa Lạc for major Korean tech partners interested in Việt Nam.

He also proposed that VINK continue to share technology insights through forums and engage with investors and corporations, particularly in semiconductors, IT, AI and digital content, leveraging Korean industry strengths for mutual benefit.

VINK suggested developing Việt Nam's semiconductor industry, drawing on Korean experience and outlining stages such as semiconductor packaging, chip design, and traditional chip production.

They recommended prioritising advancements in semiconductor packaging in Việt Nam, including ensuring reliable power supply, investing in substrate production and advanced packaging technologies, streamlining administrative procedures, and decentralising to facilitate investment. Additionally, Việt Nam should offer tax incentives and capital for semiconductor workforce training and strengthen collaborations with countries like Israel and Singapore.

Minister Dũng expressed his hope that VINK would continue to expand participation and welcome new members, fostering Vietnamese and international experts interested in Việt Nam's innovation and technology landscape. — VNS

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