Vietnam and Korea Strengthen Startup Cooperation through Memorandum of Understanding

Cooperation between Vietnam and Korea to foster startup ecosystem

Vietnam and Korea have recently signed a Memorandum of Understanding (MoU) to strengthen their cooperation in developing the startup ecosystem. The MoU outlines 10 articles focused on collaboration in scientific research, technology development, innovation, startups, human resource training, and related fields.

Under this agreement, the two Ministries will provide training and guidance for young staff members on technology, entrepreneurship, and innovation. They will also exchange information on research materials, teaching materials, and reference materials related to technology and innovation. Additionally, the Ministry of Science and Technology of Vietnam and MSS will work together to promote technology exchange and training, facilitate the exchange of entrepreneurs, researchers, lecturers, students, and experts in the startup ecosystem.

The signing ceremony was attended by Prime Minister Pham Minh Chinh of Vietnam and South Korean Prime Minister Han Duck Soo. This agreement marks a significant milestone in enhancing cooperation between the two countries in various sectors including startup development and innovation.

Both countries are actively working to support an innovative startup ecosystem through various agreements and partnerships aimed at fostering collaboration between Vietnamese

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