The Memorandum of Understanding between the Vietnamese Ministry of Science and Technology and the Australian Department of Foreign Affairs and Trade on cooperation in science, technology and innovation was signed on June 4.
Deputy Minister of Science and Technology Bui The Duy signed the memorandum of understanding in the presence of Prime Minister Pham Minh Chinh and Prime Minister Anthony Albanese during his official visit to Vietnam. The signing not only promotes cooperation in this field between the two sides, but also contributes to facilitating socio -economic development between the two countries.

The Prime Ministers of Vietnam and Australia witnessed the signing ceremony of a memorandum of understanding between the Vietnamese Ministry of Science and Technology and the Australian Ministry of Foreign Affairs and Trade. Photo: TTTT
The signing ceremony took place in the context of the Australian Government paying great attention to investment and support for scientific research and innovation activities. In Australia's National Science and Innovation Strategy (2016), Vietnam is one of 17 countries in the priority list for cooperation. The Strategy for Enhancing Economic Cooperation between Australia and Vietnam has brought potential opportunities for cooperation between Australian and Vietnamese organizations in science, technology and innovation. In particular, knowledge and innovation are one of the main pillars of the bilateral strategic partnership between Australia and Vietnam.
Under the MoU, the two sides will facilitate the exchange and sharing of information on science, technology and innovation activities; Identify common ideas and interests to enhance the innovation partnership, including activities under the Vietnam - Australia Innovation Partnership Program (Aus4Innovation).
During the period 2018-2022, Aus4Innovation has allocated a total budget of AUD 13.45 million to strengthen Vietnam’s innovation system, preparing Vietnam’s economy and technology for the digital future. The program is funded by the Australian Department of Foreign Affairs and Trade (DFAT), managed by the Australian Commonwealth Scientific and Industrial Research Organization (CSIRO) and in strategic partnership with the Ministry of Science and Technology of Vietnam.
Under this cooperation program, many activities have been effectively implemented. There are 4 components implemented including: Focusing on Building a digital strategic vision ( Digital Foresighting ); Commercialization of research results ( SCP ); Competitive funding mechanism ( Competitive Grants ); Support for innovation policies ( Innovation Policy ). In component 4, the program also supports the development of the Strategy for Science, Technology and Innovation Development in Vietnam for the period 2021-2030. The issued strategy identifies science, technology and innovation as a top national policy, playing a breakthrough role in the new period, being the main driving force to promote growth, creating breakthroughs in productivity, quality and efficiency.
vnexpress.net
Comment (0)