Vietnam acts as partner country of St. Petersburg Int’l Innovation Forum
The 14th St. Petersburg International Innovation Forum (PMIF) kicked off in the Russian city on November 10, with Vietnam being the partner of this year’s event.
Vietnamese Ambassador to Russia Dang Minh Khoi addresses the forum's plenary session on November 10 (Photo: NA)
Moscow (VNA) –The 14th St. Petersburg International Innovation Forum (PMIF) kickedoff in the Russian city on November 10, with Vietnam being the partner of thisyear’s event.
The forum through November 12,organised both in person and via videoconference, features more than 50 eventsand discussions on technological breakthroughs and the development of digitaltechnology.
Addressing the plenarysession themed “New industrial policy. Change readiness”, Vietnamese Ambassadorto Russia Dang Minh Khoi said Vietnam has achieved impressive economicachievements thanks to its people’s industriousness and the state’s attentionto both people’s happiness and economic development.
He also underlined theenormous assistance that the former Soviet Union and Russia has given toVietnam during the struggle for national independence and efforts of economicdevelopment.
Chairman of the VietnamesePeople’s Association in Russia Do Xuan Hoang said innovation has become anindispensable part of the current life and changed the economy and society.
In fact, he noted, innovationis necessary for the development of any enterprise or economy.
As part of the forum, aroundtable workshop took place to look into the prospects of economic - trade partnershipsbetween St. Petersburg and Vietnamese localities. It was attended byrepresentatives from businesses, science and healthcare centres, and publicorganisations of the Russian city and Ho Chi Minh City, Hai Phong city, andKhanh Hoa province of Vietnam.
Evgeny Grigoriev, Chairman ofthe St. Petersburg Committee for External Relations, noted the top priority ofhis city now is boosting cooperation with Vietnam.
Trade between the two countrieshas been growing continually, reaching 4.9 billion USD in 2020 and 3.8 billionUSD in the first nine months of 2021, respectively rising 8 percent and 4.6percent year on year, according to Khoi.
The diplomat also applaudedthe fruitful ties in COVID-19 prevention and control, helping turn Vietnam intothe first Southeast Asian country to successfully bottle the Sputnik V vaccineand work to become a Sputnik V manufacturing centre in the region.
Participants in the workshop talkedthe outlook for bilateral cooperation in various fields such as cancertreatment, pharmaceutical, solid waste treatment, electrical materials and powergrids, tourism, bamboo and rattan products, farm produce, software, andindustrial park development./.
Vietnam and Russia discussed ways to deepen bilateral cooperation in education and make it more practical and effective during a meeting between Vietnamese Ambassador Dang Minh Khoi and Russian Minister of Science and Higher Education Falkov Valery Nhikolaievich in Moscow on October 20.
Vietnamese Deputy Prime Minister Le Van Thanh and his Russian counterpart Dmitry Chernyshenko co-chaired the annual 23rd meeting of the Vietnam – Russia Inter-Governmental Committee on Economic, Trade and Scientific-Technological Cooperation via videoconference on October 29.
A workshop discussing opportunities for Vietnamese businesses to increase export of agricultural and aquatic products to Russia and the Eurasian Economic Union (EAEU) was held by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam Trade Office in Russia and the Russian trade representative office in Vietnam, on November 2 in Hanoi.
Deputy Minister of Industry and Trade Dang Hoang An and his Russian counterpart Alexey Gruzdev had an online working session on November 3, during which the Russian side mentioned issues related to promoting the implementation of a protocol on cooperation in the automobile industry between the two countries.
A memorandum of understanding has been signed to establish a Russia-Vietnam biomedical science and technology research centre, a project that covers joint cooperation in proton radiation therapy in cancer treatment.
VietNEST (Vietnamese Nurturing Education for Science & Traditions) is a mobile app and digital platform for Vietnamese language learning among overseas children.
The networks bring together universities, research institutes and domestic and foreign businesses. Members will work closely in training, research, and technology transfer by sharing curricula, improving faculty capacity, providing access to laboratories and research facilities, and jointly implementing science and technology projects.
The Better Choice Awards (BCA) 2025 is a key highlight in the lead-up to Vietnam Innovation Day that falls on October 1, an annual event expected to attract hundreds of innovative enterprises, research institutions, investment funds, and startups from both Vietnam and abroad.
The new line serves as a critical backup route, strategically complementing existing submarine cables and enhancing the resilience, proactivity, and security of Vietnam’s telecommunications infrastructure.
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.
Vietnam has issued many key policies to support semiconductor development, notably the Politburo’s Resolution 57 on science, technology, innovation, and digital transformation. Other initiatives include the Semiconductor Industry Development Strategy to 2030, with a vision to 2050, and the Human Resources Development Programme for the Semiconductor Industry.
Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.
Taking place on August 1–2, the event features more than 20,000 attendees and over 200 speakers from Vietnam, the h Korea, Singapore, the UAE, Hong Kong (China) and the US.
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.
The two-day academic forum, themed “Resilience, Sustainability & Digital Transformation in a Changing World: Perspectives from Southeast Asia”, aims to share interdisciplinary research insights, focusing on adaptive capacity, sustainable development, and digital transformation amid evolving global and regional landscapes.
With such a rapid economic growth, Vietnam must diversify energy sources and nuclear power is a rational choice to ensure the national energy security, said Associate Professor Kei Koga from the Nanyang Technological University (Singapore).
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%.
Vietnam is taking drastic yet cautious steps in building a culture of nuclear safety and security, with the aim of having its first nuclear power plant operational by the end of 2030 and using this specific energy source effectively and sustainably.
Vietnam’s 5G strategy has been clearly outlined in national digital technology and infrastructure policies. A wide range of solutions is being vigorously implemented to achieve the target of an average internet speed of 100 Mbps by 2025 and full nationwide 5G coverage by 2030.
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.
Under the theme “Breakthrough Era with the Development of Industrial Internet”, the event gathered over 400 delegates, including senior officials, leading Internet experts, and technology engineers from Vietnam and abroad.
Vietnamese Ambassador to Russia Dang Minh Khoi addresses the forum's plenary session on November 10 (Photo: NA) 
