5 key orientations to promote technology cooperation between Vietnamese and US enterprises

In the context of the Vietnam-US relationship being upgraded to the level of Comprehensive Strategic Partnership, Deputy Prime Minister Bui Thanh Son summarized this relationship through five guiding key phrases: "Strategic trust", "Comprehensive cooperation", "Win-win development", "Responsible partnership" and "Creating the future".

To realize this vision, the Deputy Prime Minister outlined five specific cooperation orientations, considered "compasses" for the business communities of the two countries in the next 30 years.

First, cooperation in semiconductors and high technology. The Deputy Prime Minister proposed that businesses from both sides cooperate to develop a semiconductor ecosystem, R&D centers, data centers and artificial intelligence (AI) right in Vietnam. The Deputy Prime Minister emphasized that Vietnam aims to train 50,000 semiconductor engineers by 2030, and cooperation with leading US corporations will be a key driving force. Currently, the US has formed a close network between schools, the State and businesses to support the training of high-quality human resources in Vietnam, creating a solid foundation for this goal.

Second, on clean energy cooperation and green growth, the Deputy Prime Minister suggested that businesses of both sides cooperate in offshore wind power, solar power, hydrogen, energy storage and smart grids; supporting Vietnam to achieve the target of net zero emissions by 2050.

Deputy Prime Minister Bui Thanh Son proposed five key cooperation orientations for cooperation between the business communities of the two countries. Photo: VGP.

Third, regarding strategic supply chain cooperation, the Deputy Prime Minister hopes that businesses from both countries will cooperate to develop flexible, diverse, and sustainable supply chains; promote regional connectivity, smart logistics, and reduce transportation costs. Specifically, expand cooperation with chains such as Walmart and Costco, connecting Vietnamese goods to global value chains.

Fourth, regarding cooperation in innovation and digital transformation, businesses of both sides need to promote digital service trade and cross-border electronic payments; cooperate in artificial intelligence, cybersecurity, cloud computing; and cooperate with US pharmaceutical and biotechnology corporations to develop a digital healthcare ecosystem and community health care.

Fifth, regarding cooperation in education , training and technology transfer, the Deputy Prime Minister suggested that businesses of both sides cooperate in training technology engineers, semiconductor experts, and global management; and connect universities and research institutes of the two countries.

Deputy Prime Minister Bui Thanh Son affirmed that Vietnam is focusing on implementing historic policies, identifying science and technology, innovation and digital transformation as the most important foundation. The Government is determined to create institutional breakthroughs in the spirit of "going early, going ahead to pave the way for development", promoting modern digital infrastructure, and innovating smart governance thinking in the direction of "a creative state, pioneering enterprises".

Vietnam is committed to building the most stable and favorable business environment for the US business community in the spirit of "working together, winning together, enjoying together, and developing together".

On the US business side, the Deputy Prime Minister called for continued active voice so that the US Government can soon recognize Vietnam as a market economy, remove restrictions on high-tech exports, and soon sign a reciprocal and fair Trade Agreement between the two countries.

US Ambassador Marc Knapper highly appreciated the private sector's contributions to the development of bilateral relations over the past three decades, and affirmed that the US will continue to support Vietnam in the fields of clean energy, digital transformation, innovation and high-quality human resource training.

At the event, Mr. Ho Sy Hung - Chairman of the Vietnam Federation of Commerce and Industry (VCCI) said that the confidence of American investors in Vietnam is increasingly strengthened. Large technology corporations such as Apple, Intel, Amkor, Boeing have been expanding their investments, forming a deep value chain in Vietnam.

The VCCI Chairman called on businesses from both countries to continue expanding substantive cooperation in strategic areas such as high technology, semiconductors, AI, clean energy and circular economy.

"Every investment project and every new cooperation is a vivid demonstration of trust, cooperation and shared vision between the two countries," said Mr. Hung.

Minh Thu

Source: https://doanhnghiepvn.vn/doanh-nhan/5-dinh-huong-then-chot-thuc-day-hop-tac-cong-nghe-doanh-nghiep-viet-my/20251112024453232