Vietnam, RoK sign agreements on science-technology cooperation

Vietnam and the Republic of Korea have signed a number of Memoranda of Understanding on cooperation in science and technology during a working visit to the RoK by Vietnamese Minister of Information and Communications Nguyen Bac Son in early July.
Vietnam and the Republic of Korea have signed a number of Memoranda of Understanding on cooperation in science and technology during a working visit to the RoK by Vietnamese Minister of Information and Communications Nguyen Bac Son in early July.

At talks between Son and the RoK’s Minister of Government Administration and Home Affairs Chong Jong-sup, the two sides signed a Memorandum of Understanding on e-government cooperation and agreed to maintain the operation of the joint cooperation committee on informatics.

Minister Chong Jong-sup said the RoK has topped the world for many consecutive years in terms of the e-government development index of the United Nations. The country has completed the building of an e-governmental system linking ministries, government and localities.

The RoK is willing to share experience in building national database and how to utilize and manage these information sources, and suggest measures to build smart cities, he said.

The Vietnamese official also held talks with RoK’s Minister of Science, Information Communications Technology, and Future Planning Choi Yang-hee, during which they agreed to encourage IT and telecom businesses to increase information exchange and seek cooperation opportunities in human resources training, education, and information security.

After the talks, the two ministers inked a new Memorandum of Understanding on comprehensive cooperation in science, technology and communications between Vietnam and the RoK.

The officials agreed to establish a joint committee on implementing commitments in the agreement.

The two ministers later took part in a forum to boost the investment cooperation in the field.

Minister Son said the RoK is the third biggest trade partner and the second largest investor of Vietnam, with 1.52 billion USD in total investment capital poured into Vietnam in the first half of this year, making up 27.7 percent of the total foreign direct investment in the country in the period.

The two ministers witnessed the signing of two Memoranda of Understanding on cooperation between the Vietnam Posts and Telecommunications Group (VNPT) and the RoK LG Electronics Group as well as between the Vietnamese major mobile network operator Vinaphone and the RoK Bigstar Global.

During his stay from July 1-3, Minister Son also had working sessions with representatives from Samsung Electronics and Dongbu insurance groups.

The Minister witnessed the signing of a Memorandum of Understanding on cooperation between the Vietnamese mobile network operator Mobifone and Samsung group to develop the 4G/LTE mobile network.-VNA

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