Minister of Planning and Investment Nguyen Chi Dung has called on the Vietnam-Germany Innovation Network (VGI) to further support the National Innovation Centre of Vietnam in developing strategies as well as finding the best and most suitable technologies for Vietnam.
At a working session with Vietnam-Germany Innovation Network. (Photo: VNA)
Berlin(VNA)🤪 – Minister of Planning and Investment Nguyen Chi Dung has called on the Vietnam-GermanyInnovation Network (VGI) to further support the National Innovation Centre of Vietnam indeveloping strategies as well as finding the best and most suitable technologiesfor Vietnam.
At a working sessionwith the VGI as part of his visit to Germany from February 23-25, Dung proposed thenetwork to coordinate with NIC in promoting cooperation with partners in theEuropean country such as Adlershof Hi-Tech Park, one of Europe's science andtechnology centres, and Infineon Technologies AG, one of the 10 largestsemiconductor manufacturers in the world.
Touring Adlershof High-Tech Park and Infineon Technologies AG, the Vietnamese ministerasked Adlershof to collaborate with NIC in bringing startups in Vietnam toGermany for incubation or take German businesses/startups to Vietnam to learnabout the market and investment opportunities in the Southeast Asian country.
Besides requestingInfineon to explore the possibility of cooperation with NIC, Dung said he hopes thegroup will share practical experience in developing and operating productionplants and semiconductor chip assembly facilities in other countries.
ꦓ He suggested Infineon studythe possibility of setting up an R&D centre as well as pouring capital into a chip-semiconductorproject in Vietnam, with priority given to NIC Hoa Lac.
Minister of Planning and Investment Nguyen Chi Dung talks with representatives of the Vietnamese community in Germany. (Photo: VNA)
Within the framework of his trip to Germany, the Vietnamese ministerhad a working session with the Germany-Vietnam Association (GVA) and representatives of the Vietnamese community in Germany, during which he called on the GVA to work closely with the Vietnam-Germany FriendshipAssociation to strengthen the good relationship and connect with potentialpartners in economic, science and technology cooperation, as well as promoteinvestment in Vietnam./.
The German Government has stated that it highly values development cooperation with Vietnam, highlighting the efficiency and quality of bilateral coordination.
Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang and State Secretary at the German Federal Ministry for Economic Affairs and Climate Action Udo Philipp co-chaired the second meeting of the Vietnam-Germany Joint Committee for Economic Cooperation in Berlin on February 23.
Minister of Planning and Investment Nguyen Chi Dung led a Vietnamese delegation to visit Germany from February 23 to 25, working with German departments on measures to concretize cooperation with Europe's largest economy, especially in agriculture and innovation.
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Vietnam is actively yet cautiously preparing for the construction of its first nuclear power plant in Ninh Thuan (now the south-central coastal province of Khanh Hoa). The resumption of the programme after years of suspension carries considerable significance for the nation’s development in a new era as it strives to gradually reduce and ultimately phase out coal-fired power to realise the Government’s commitment to Net Zero by 2050.
The government leader reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
With the launching of its two-tier local administration model, the city is incorporating technologies such as artificial intelligence (AI) and blockchain to enhance service delivery for citizens and businesses, aligning with the Politburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation.
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Dung directed the Ministry of Science and Technology to revise the national startup scheme, ensuring it clearly defines the scope and content, grounded on strong political and legal foundations, international best practices, and well-reasoned arguments for submission to the Government.
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Deputy Prime Minister Nguyen Chi Dung emphasised that Vietnam has a clear strategy and ambition in this field, and is rapidly emerging as a central hub and key link in the regional and global semiconductor value chains.
According to Cushman & Wakefield’s latest Asia-Pacific Data Centre Investment Landscape report, Vietnam now ranks second in the region for data centre investment returns, with a yield on cost (YoC) of 17.5–18.8%, just behind Singapore’s 21–23%.
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The visit aimed to assess the new two-tier local government model, preparations for upcoming Party congresses at levels, and implementation of the Politburo’s Conclusion on school construction in border areas.