Vietnam and South Korea Enhance Innovation Cooperation
Seoul, Monday, 11 August 2025.
On August 10, 2025, Vietnam’s Party Chief stressed innovation cooperation with South Korea, focusing on high-tech fields like AI and semiconductors, aiming to boost technological and financial partnerships.
The Significance of the Meeting
On August 10, 2025, in Seoul, Vietnam’s Party General Secretary Tô Lâm highlighted the crucial role of enhancing cooperation in innovation with South Korea, underscoring high-tech sectors, particularly artificial intelligence and semiconductors. This visit marks his commitment to strengthening the ties between the two nations. The Vietnam Innovation Network, which boasts over 2,000 members across more than 22 countries, is integral in shaping Vietnam’s technological future, through contributions that include policy consultation and strategic technological developments [1][2].
High-Tech Focus Areas
In the context of the meeting, members of the Vietnam Innovation Network emphasized the importance of fostering growth in strategic technology sectors such as AI and semiconductor technology. These fields are vital for Vietnam as they plan to integrate into the value chains of major global technology corporations. Additionally, there were discussions on advancements in robotics, autonomous devices, and aerospace, which are seen as critical for Vietnam’s socioeconomic development [1][2][3].
Impact on National Development
The interaction in Seoul was not solely about exchanging ideas but about creating actionable strategies that Vietnam can apply domestically. According to Finance Minister Nguyễn Văn Thắng, the Vietnam Innovation Network’s efforts are pivotal in garnering international cooperation and leveraging global expertise to address national development objectives. This collaboration involves implementing best practices and fostering innovation-based economic models geared towards substantial GDP growth [1][3].
Future Aspirations
Moving forward, General Secretary Tô Lâm encouraged the Vietnam Innovation Network to continue being a bridge between Vietnam and the international community, facilitating technology and knowledge transfer. The emphasis is on translating discussions into concrete solutions that enhance Vietnam’s innovation ecosystem. There is a long-term vision to support Vietnam’s high-income country goals by 2045, with progress driven by initiatives within semiconductors and AI, among other sectors [2][3].