February 23, 2024

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Vietnam, Australia to Cooperate in Technology, Trade

Vietnam and Australia discussed partnership opportunities in technology and trade during a recent forum held in Ho Chi Minh City by Vietnam’s Ministry of Science and Technology (MoST), the Saigon Innovation Hub, Australia’s Department of Foreign Affairs and Trade, and the University of Technology Sydney (UTS).

The event, part of a programme to strengthen economic cooperation between the Vietnamese and Australian governments, aimed to support the business communities in each country to cooperate in transferring solutions and technologies in clean energy, high-tech agriculture, and digital transformation. Participants at the event introduced several technology-based solutions for fields like trade, climate change response, and healthcare. They also explored the application of blockchain in agricultural product traceability and for smart agricultural solutions.

Australia is willing to invite Vietnamese firms to explore new opportunities in clean energy as well as provide opportunities to collaborate with Australian partners in technology transfer. The cooperation programmes will help strengthen bilateral relations and reinforce trade and investment partnerships between the two countries.

Since 2018, the two sides have worked together in researching and announcing reports on Vietnam’s digital economy and evaluating the contributions of innovation to Vietnam’s socio-economic development. They have also reached a series of cooperation agreements to promote innovation and technology transfer. According to the Deputy Minister of Science and Technology, Bui The Duy, businesses from both countries will continue to foster their connections, contributing to bolstering economic cooperation between Vietnam and Australia.

An official from the University of Technology Sydney said that the majority of enterprises in Vietnam have the demand to explore and access new technologies to increase their productivity and engage more deeply in global supply chains, providing products and services with higher economic value. However, the firms need further support during the process of accessing information and advanced technologies. The organisation of the forum was expected to enhance the capacity of technology application and transfer as well as provide professional consultancy to businesses from both sides.

The forum reaffirmed Vietnam’s interest in Australia’s new technologies, innovation, and investment. The UST Joint Technology and Innovation Research Centre in Vietnam, the first of its kind between the two sides, is opening up cooperation potential and opportunities for both Australian and Vietnamese partners.

Vietnam has been working with a number of countries to foster scientific and economic relationships. To achieve the goals set out in the national digital transformation strategy, the country has entered into several agreements to develop and deploy emerging technologies to improve the quality of public services and their delivery.

In May, Vietnam announced it would cooperate with Thailand in information infrastructure, cloud computing, social network management, digital transformation, and the digital economy. As OpenGov Asia reported, officials proposed that Thailand and Vietnam’s Ministry of Information and Communications (MIC) intensify information sharing, promote digital collaboration, enhance cooperation on digital transformation, and sign a memorandum of understanding (MoU) to facilitate joint activities in a post-pandemic world. A representative suggested that the two sides establish a mechanism to exchange and share experiences of digital transformation and digital economic development in line with each country’s growth strategy.

Both sides will also ramp up cooperation in fake news management to establish a safe and healthy online environment. The Vietnamese ambassador proposed that Thailand create favourable conditions for Vietnamese information technology enterprises to invest and do business in the country. He suggested that the two ministries resume working visits and meetings at all levels.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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