Vietnam and Switzerland Take a Step in Science and Technology Cooperation
Vietnam and Switzerland signed a letter of intent on economic development cooperation to strengthen ties in innovation, research, and digital transformation.
The Vietnamese Ministry of Science and Technology and the Swiss Federal Department of Economic Affairs, Education and Research signed a Letter of Intent on economic development cooperation to strengthen ties in innovation, science, technology, and research.
The signing ceremony took place on October 17 with the participation of General Secretary and President To Lam and Swiss President Guy Parmelin. The parties emphasized the critical role of science, technology, innovation, and digital transformation in supporting sustainable, inclusive, and resilient socio-economic development.
The signed Letter of Intent aims to support the development of the private sector and innovation ecosystem in Vietnam, promote innovation, increase institutional and technical capacity, and facilitate the exchange of knowledge and experience.
Additionally, joint research funding programs continue to be carried out between the two countries through the National Foundation for Science and Technology Development (NAFOSTED) and the Swiss National Science Foundation (SNSF).