RoK strengthens technology transfer, connectivity with Vietnam

The Korea-Vietnam Global Technology Transfer Partnership Day opened at COEX Trade Centre in Seoul on November 26, with the signing of some business agreements expected between Korean small and medium enterprises (SMEs) exporting technology and Vietnamese companies seeking technological solutions, the Republic of Korea’s (RoK) Ministry of SMEs and Startups announced.

RoK strengthens technology transfer, connectivity with Vietnam (Photo: VNA)
RoK strengthens technology transfer, connectivity with Vietnam (Photo: VNA)

Seoul (VNA) – The Korea-Vietnam Global Technology Transfer Partnership Day opened at COEX Trade Centre in Seoul on November 26, with the signing of some business agreements expected between Korean small and medium enterprises (SMEs) exporting technology and Vietnamese companies seeking technological solutions, the Republic of Korea’s (RoK) Ministry of SMEs and Startups announced.

The Korea-Vietnam Global Technology Transfer initiative supports Korean SMEs in exporting suitable technologies to Vietnamese companies. This is achieved through the Global Smart Tech Bridge, a platform designed to facilitate technology transactions between small and medium-sized enterprises.

Since mid-2024, the ministry has collaborated with the Korea Technology Finance Corporation and private organisations with local networks in Vietnam to assess the technological needs of companies in both countries, with a view to increasing support for technology transfer connections.

To date, the initiative has identified 19 Vietnamese companies requiring specific technologies and 53 Korean SMEs interested in exporting their innovations. Eight successful matches have already been made.

Kim Woo Soon, head of the Technology Innovation Policy Division at the ministry, emphasised that the project is seen as a significant opportunity to revitalise technology exports among Korean SMEs. He also mentioned plans to gradually expand this model to other eligible countries for similar support initiatives./.

VNA

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