Ho Chi Minh City: Promoting cooperation in science, technology and digital transformation

This Memorandum of Understanding is a necessary legal basis to facilitate the two sides to enhance cooperation in science, technology and innovation on the basis of equality and mutual benefit.

In particular, it encourages research and innovation cooperation among government policy makers, government agencies, research organizations, higher education institutions, companies and enterprises of the parties.

Thereby, supporting the digital transformation process, promoting innovation in Ho Chi Minh City in particular and Vietnam in general, aiming at the goal of long-term sustainable growth.

The Memorandum of Understanding is also a concrete expression of the cooperation efforts between the two countries in the fields of digital transformation, technology applied to develop smart cities, financial technology, transformation technology, healthcare technology, etc.

Priority areas of cooperation include: Digital transformation, smart city technology, financial technology (fintech), transformational technology (artificial intelligence, robotics and automation, nanotechnology, cyber security), and healthcare technology.

The two sides will establish a joint working group to monitor and evaluate the implementation of this Memorandum of Understanding. The working group will meet annually at a location mutually decided by the two sides.

Delegates take souvenir photos at the signing ceremony.

Regarding resources to implement the Memorandum of Understanding, the parties agree that it will be based on the ability of each participating party to have sufficient appropriate funds.

At the same time, the parties also agreed that confidentiality and intellectual property during the implementation of this Memorandum of Understanding will ensure compliance with national laws and international commitments.

Source: https://nhandan.vn/thanh-pho-ho-chi-minh-thuc-day-hop-tac-khoa-hoc-cong-nghe-va-chuyen-doi-so-post868081.html