Business

Conference discusses prospects for RoK Korea-Vietnam ICT investment cooperation

The Republic of Korea (RoK) Consulate General in the central coastal city of Da Nang on August 16 hosted a conference on the prospects of the two countries's ICT investment cooperation, with the participation of municipal leaders, Vietnamese and Korean enterprises and IT experts, and students from universities across the central region.

At the conference on the prospects of the Vietnam-RoK ICT investment cooperation held in Da Nang city on August 16. (Photo: VNA)
At the conference on the prospects of the Vietnam-RoK ICT investment cooperation held in Da Nang city on August 16. (Photo: VNA)

Da Nang (VNA) – The Republic of Korea (RoK) Consulate General in the central coastal city of Da Nang on August 16 hosted a conference on the prospects of the two countries's ICT investment cooperation, with the participation of municipal leaders, Vietnamese and Korean enterprises and IT experts, and students from universities across the central region.

At the event, Consul General Kang Boosung noted that the two nations have upgraded their relationship to a comprehensive strategic partnership after three decades of diplomatic ties, building on active bilateral exchanges. Their leaders have agreed to strengthen and expand cooperation across multiple sectors, including technology and science, information and communication, agriculture, and energy. This agreement is being implemented through the establishment of the Vietnam-Korea Institute of Science and Technology (VKIST) and the promotion of IT cooperation projects in digital transformation.

The conference aims to share diverse perspectives on the current state of the RoK’s semiconductor industry, which has garnered significant attention from Vietnam, insights from VKIST experts, as well as the prospects of the sides’ ICT cooperation from the viewpoint of their younger generations, Kang said.

The consul general expressed his hope that more Korean ICT enterprises will invest in Vietnam's central region, with stronger Vietnam-RoK partnership in the field expected to opening up numerous career opportunities for Vietnamese students.

Tran Ngoc Thach, Deputy Director of the Da Nang Department of Information and Communications, stated that the city is gradually becoming an attractive destination for investors, startups, and IT enterprises. It has consistently led the nation in IT readiness and digital transformation indices for many years.

The RoK remains among key nations in Da Nang’s investment attraction policy, the official said, adding that the central economic hub has already prepared land funds, and infrastructure in concentrated IT zones, and software and high-tech parks for businesses to implement their projects.

Currently, Da Nang has 37 institutions offering IT-related training, with approximately 6,000 graduates each year, Thach said.

At the conference, participants discussed the prospects for cooperation between Vietnamese and Korean businesses, as well as the advantages, difficulties, and challenges in their partnership in the time to come./.

VNA
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