Vietnam and South Korea cooperate on water security

Vietnam and South Korea promote cooperation in water security

The MoU was signed at the 17^th Vietnam - Korea Environment Ministers’ Meeting. The two sides agreed to strengthen cooperation on equality, mutual benefit, and mutual respect, focusing on modern water resource management.

The focus is on strengthening integrated water resource management to mitigate and adapt to climate change; strengthening water resource monitoring, including operating water resource databases to support data collection, analysis, and information and data sharing; and enhancing capacity in water resource regulation and allocation for effective management, use, and protection of resources.

Key areas include restoring and sustainably managing degraded, depleted, and polluted rivers and freshwater ecosystems; encouraging the water-energy linkage as a circular system to enhance resource efficiency and sustainability; and encouraging carbon neutrality and renewable energy in the water resources sector.

In addition, the two countries will cooperate to encourage the modernisation and professionalisation of water resource governance based on digital technology, including the application of technologies such as the Internet of Things , big data, Digital Twin, AI, and water resource accounting systems to enhance efficiency, transparency, and data-driven decision-making, and strengthening cooperation frameworks to ensure water security and transboundary water resource management.

The cooperation will be diversified, including professional exchanges, joint research projects, pilot initiatives, workshops, training, study tours, and policy dialogues. Simultaneously, the two countries will collaborate on developing specific action plans, implementing water-saving models, developing environmental friendly smart cities, and improving the national water resource data system.

A joint working group to coordinate cooperation was also established, with a rotating meeting mechanism between the two countries. The focal point on the Vietnamese side is the Department of Water Resources Management, while on the Korean side it is the Water Use Policy Bureau.

Vietnam and South Korea sign MoU to boost innovative startup development According to an MoU signed on July 3 between the Ministry of Science and Technology of Vietnam (MoST) and the Ministry of Small- and Medium-sized Enterprises and Startups of South Korea (MSS), both parties will enhance cooperation on the development of an innovative startup ecosystem.

Vietnam and South Korea to strengthen ties in AI Vietnam and South Korea will strengthen cooperation in AI, focusing on building core digital infrastructure, data centres, and developing appropriate legal frameworks, while South Korean businesses express interest in investing and collaborating with Vietnamese enterprises for mutual development.

Vietnam and South Korea strengthen ties with new sci-tech pact Vietnam and South Korea have taken a major step to deepen their strategic partnership, signing a new agreement to advance cooperation in science and technology.

Vietnam and South Korea strengthen exchanges on stock market supervision A delegation from the Ministry of Finance (MoF) led by Deputy Minister Nguyen Duc Chi had a working session with South Korea officials on August 25 in Seoul to discuss the safe and effective operation of Vietnam's new stock trading system.

Vietnam and South Korea boost cooperation in training and startups Vietnam and South Korea are deepening cooperation in education, talent development, and innovation to strengthen their startup ecosystems and sustainable industries.