Vietnam - Austria boost cooperation in high technologies and innovation

The Vietnam-Austria High Technology and Innovation Forum will open in Vienna, Austria on May 16, marking an important step forward in the strategic cooperation between the two countries.

The forum is organised by the Vietnamese Embassy in Austria in coordination with the National Innovation Centre (NIC) under the Ministry of Finance, and the Austrian Chamber of Commerce (WKO). Deputy Prime Minister Nguyen Chi Dung will attend and deliver an online speech there.

The forum is a platform for the two countries to share experiences and strengths in technology, innovation, and digital transformation, towards the goal of making Vietnam a developed country with a high income by 2045. In particular, this is also an activity to concretise Resolution No.57-NQ/TW on science, technologies, and innovation, and Resolution No.68-NQ/TW of the Politburo on private economic development.

The event is expected to bring together many leading Austrian and Vietnamese corporations in the fields of AI, health technology, semiconductors, and cybersecurity. Participants at the event will include big names, such as UNIDO, TTTech, Infineon, Technologies Austria, Siconnnex, Dynatrace, FPT, VNPT, Sovico, and Genetica.

This will be an opportunity for businesses to connect and discuss potential cooperation in high-tech fields, while exploring development opportunities in pioneering fields such as biotechnology, quantum technology, IoT, edge computing, and robotics.

Vu Le Thai Hoang, Ambassador of Vietnam to Austria, emphasised the importance of the forum in implementing the policy of technology diplomacy and innovation in the spirit of Resolution 57 and the government's action programme.

"Each locality, depending on its strengths and specific conditions, will have appropriate initiatives and forms of promoting cooperation and connection. The event is strongly supported from WKO, NIC, relevant ministries, technology corporations, universities, and research institutes of the two countries," he said.

Hoang added that this is the first forum held in Europe to promote information exchange, update policies and the science, technology and innovation ecosystem of the two countries, being a space for promotion and connection for the Vietnamese and Austrian technology business communities to pave the way for signing deals and specific cooperation.

Austria is known as a global leader in research, development, and application of core technologies, source technologies, and promoting innovation. This country has also achieved many achievements in the fields of semiconductors, AI, and electronics, contributing to shaping the foundation for Industry 4.0.

Vo Xuan Hoai, NIC's deputy director shared that the coordination and organisation of the Vietnam-Austria Forum 2025 is one of the important activities in the strategy to promote international cooperation on innovation, aiming to support the Vietnamese business community in accessing advanced technology, expanding markets and attracting high-quality investment.

He emphasised the role of NIC in creating a bridge between the innovation ecosystems of the two countries, contributing to promoting the development of core technology, knowledge transfer, and enhancing the competitiveness of Vietnamese enterprises in the context of digital transformation and international integration.

"Vietnam, with the orientation of becoming a regional innovation centre, is promoting the development and application of pioneering technologies, such as semiconductors, AI, and IoT to serve green transformation and digital transformation. The potential for Vietnam-Austria cooperation in these areas is huge, especially in technology transfer and development of high-quality human resources, creating added value for both economies," he highlighted.

The Vietnam-Austria High Technology and Innovation Forum 2025 is both a bilateral bridge and a strategic dialogue channel with the business community and leading technology partners in Europe, contributing to diversifying trade-investment relations and increasing the depth of cooperation in science, technology, innovation and digital transformation of Vietnam.

This is also good chance for businesses from both sides to effectively exploit opportunities in technology transfer, develop high-quality human resources, and gradually bring Vietnamese businesses deeper into the global value chain in the semiconductor industry and strategic technology industries.

The forum is an opportunity for Vietnam to affirm its position as a strategic destination for Austrian and European technology giants, contributing to shaping a new step forward for high-tech development and making Vietnam an important link in the global innovation map.

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