VN joins South-South transaction platform

Vietnam has officially joined the South-South Global Assets and Technology Exchange (SS-GATE) System, said the Ministry of Sciences and Technologies (MST).
Vietnam has officially joined the South-South Global Assets and Technology Exchange (SS-GATE) System, said the Ministry of Sciences and Technologies (MST).

A tripartite cooperation agreement on this issue was signed by representatives from the MST, the United Nations Development Programme (UNDP) and the SS-GATE in Hanoi on June 17.

According to the MST, SS-GATE System is one of the important channels for Vietnam to develop its technology market and help domestic research institutes, schools and small- and medium-sized businesses to access foreign state-of-the-art technologies as well as domestic and foreign financial and banking institutions.

The MST pledged that the ministry would do its utmost to support SS – GATE’s operation in Vietnam.

The SS-GATE System was launched in May 2006 by the UNDP in response to the development challenges in countries of the South. The aim of SS-GATE is to establish virtual and physical venues where entrepreneurs, civil society organisations and local governments in developing countries can interact and obtain needed technology, asset and finance in a secure and transparent environment./.

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