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Vietnam and South Korea Deepen Ties in Digital Transformation and AI

Dae-Hyun by Dae-Hyun
PUBLISHED: August 6, 2024 UPDATED: August 6, 2024
in Government, South Korea, Tech Industry
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Vietnam and South Korea Deepen Ties in Digital Transformation and AI

Image credits: VPA

Vietnam is pushing its efforts to grow its digital economy through international partnerships, particularly in digital transformation and artificial intelligence. During a recent visit to South Korea, Vietnam’s Minister of Information and Communications, Nguyen Manh Hung, spoke about the need for collaboration in areas like Artificial Narrow Intelligence and specialized AI, highlighting the importance of sharing policies and training human resources.

In a meeting with South Korea’s Minister of Science and ICT, Lee Jong-ho, Minister Hung stressed that Vietnam is prioritizing economic growth driven by digital technology. 

During the visit, Minister Nguyen Manh Hung and South Korea’s Minister of Science and ICT, Lee Jong-ho, focused on enhancing digital innovation and growth within the ICT sectors of both nations. They discussed the importance of international collaboration in advancing AI research and development and the need for training high-quality human resources in semiconductor technology.

Minister Hung also engaged with representatives from several South Korean ICT agencies, including the Digital Platform Government, the National Information Society Agency, the Korea Internet & Security Agency, and the National IT Industry Promotion Agency. These meetings offered Vietnam valuable insights into South Korea‘s ICT policies and strategic initiatives.

In addition, Minister Hung visited Seoul Cyber University (SCU) and participated in the inauguration of a coordination training office between Vietnam’s Posts and Telecommunications Institute of Technology and SCU. He lauded the SCU’s digital university model as a leading example for Vietnamese educational institutions to follow in their digital transformation efforts. 

As part of the visit, Vietnam’s Ministry of Information and Communications, in collaboration with South Korea’s Ministry of Science and ICT, organized the Vietnam-RoK Digital Forum. 

The event brought together 20 Vietnamese technology companies and 150 representatives from South Korean associations and enterprises. It served as a platform for promoting trade and partnerships, as well as exchanging policies and advanced technologies, further strengthening the digital collaboration between the two nations.

The forum highlighted Vietnam’s and South Korea’s shared goals in driving digital transformation. Both sides recognized the potential for increased cooperation in the IT and semiconductor sectors. 

According to a recent survey by the Korea Chamber of Commerce and Industry (KCCI), these sectors are seen as the most promising areas for future economic growth, reflecting the enthusiasm of businesses from both countries to collaborate more closely in these fields.

Minister Nguyen Manh Hung also took the opportunity to meet with Vietnamese students studying ICT in South Korea, further emphasizing the importance of human resource development in this partnership. Additionally, he visited the FPT representative office in South Korea, reinforcing the ties between the two nations’ ICT communities and exploring new avenues for collaboration.

The KCCI survey also revealed that Vietnamese and South Korean businesses view investment expansion, trade, and supply chain stability as key benefits of economic cooperation. 

While Korean companies are eager to invest in Vietnam to reduce costs and ensure supply chain resilience, Vietnamese firms are focused on enhancing their industrial capabilities through technological advancements and forging new business opportunities. Both sides expressed a desire for more favorable investment incentives and supportive policies to further strengthen these economic ties.


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Tags: Digital tranformationSouth KoreaVietnam

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