Vietnam, Austria to boost cooperation in high-tech development, innovation

The “Vietnam – Austria High-Tech and Innovation” is expected to position Vietnam as a strategic destination for European tech investors to integrate more deeply into the global value chains of the high-tech sectors.

There is a huge potential to enhance cooperation with Austria in technology and innovation. (Photo: VNA)
There is a huge potential to enhance cooperation with Austria in technology and innovation. (Photo: VNA)

Hanoi (VNA) – A forum entitled “Vietnam – Austria High-Tech and Innovation” will officially take place in Vienna, on May 16, marking a strategic milestone in technological and innovation cooperation between the two countries, according to the National Innovation Centre (NIC).

Jointly organised by NIC, the Vietnamese Embassy in Austria and the Austrian Economic Chambers, the forum is expected to provide a platform for exchanges on emerging technologies, innovation strategies and digital transformation, aligning with Vietnam’s goal of becoming a high-income economy by 2045.

Leading tech companies will participate in the forum, including UNIDO, TTTech, Infineon, Technologies Austria, Siconnex, Dynatrace, FPT, VNPT, Sovico, and Genetica, to discuss AI, semiconductors, cybersecurity, quantum technology, Internet of Things, biotech and robotics.

Vietnamese Ambassador to Austria Vu Le Thai Hoang said that the innovation-focused forum, the first of its kind to be held in Europe, is designed to provide opportunities for connecting businesses from both countries.

It is expected to position Vietnam as a strategic destination for European tech investors to integrate more deeply into the global value chains of the high-tech sectors.

NIC Deputy Director Vo Xuan Hoai said that there is a huge potential to enhance cooperation with Austria in technology and innovation as Vietnam is pursuing a strategy to become a regional innovation hub with a focus on semiconductors, AI and IoT, digital transformation, and green growth.

Austria is widely recognised as a global leader in core technology research and development, innovation and high-tech applications./.

VNA

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