Log in
Business

Vietnam, Laos strengthen science and technology partnership

A memorandum of understanding between the two countries outlines their joint efforts in funding scientific research, training scientific and management personnel, developing support programs, and sharing technical expertise.

THE HANOI TIMES —The Vietnam National Foundation for Science and Technology Development (NAFOSTED) and the Lao Science and Technology Development Fund (FOSTED) on July 4 signed a memorandum of understanding (MoU) on further cooperation in research, innovation, and capacity building.

Under the MoU, the two sides will set up an online science project management system in Lao and English, organize annual expert exchanges, co-host conferences and workshops, and launch collaborative research initiatives.

The signing ceremony of a memorandum of understanding between NAFOSTED and FOSTED on July 4. Photo: Thong tin & Truyen thong Magazine

At the signing ceremony, Vietnam’s Deputy Minister of Science and Technology, Bui The Duy, said the memorandum provides a legal foundation for expanding practical cooperation, allowing scientific communities to share knowledge and generate research outcomes that contribute to socioeconomic development.

Samlan Phankhavong, Lao Deputy Minister of Education and Sports and FOSTED’s Vice President, welcomed Vietnam’s support and called for deeper collaboration, including policy experimentation and technology transfer to businesses.

As part of future cooperation, Vietnam proposed a joint research initiative to develop Vietnamese-Lao automatic speech translation software, which would enable Laos to master voice recognition and pronunciation technologies in local languages.

The two funds will collaborate closely with national universities in both countries to execute the project.

The two entities previously signed a cooperation agreement in 2017. From 2020 to 2023, Vietnam supported Laos in developing its legal framework for science and technology development, laying the groundwork for FOSTED’s operations.

During the visit, FOSTED met with the University of Science at the Vietnam National University in Hanoi to discuss potential research collaborations and challenges in science and technology projects.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam to tighten biometric authentication for new bank cards next year

Vietnam to tighten biometric authentication for new bank cards next year

Bank card issuers must conduct a face-to-face meeting and match the biometric data of individual customers or the legal representative of organizational customers with their identity documents.

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Vietnam will host the seventh National Forum on Vietnamese Digital Technology Enterprises on December 25 in Hanoi, highlighting policy directions, strategic technologies and progress under the “Make in Vietnam” initiative as the country pushes toward a stronger digital economy.

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

At the Moscow–Hanoi Business Forum, leaders from both capitals said 75 years of Vietnam–Russia ties provide a strong foundation to deepen economic and investment cooperation, especially in technology, trade and urban development.

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam’s manufacturing sector continued to expand in November, marking the fifth straight month of improvement, even as severe storms caused supply-chain delays and slowed production, according to S&P Global.

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Hanoi’s Hoan Kiem pedestrian street will host Techfest Vietnam 2025 from December 12 to December 14, welcoming entrepreneurs, investors and the public to explore emerging technologies and celebrate the country’s growing culture of innovation.

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

The Vietnam Women’s Entrepreneurship Support Program has surpassed nearly every target set for 2017–2025, empowering more than 118,000 women to launch new ventures and laying the groundwork for a stronger, more inclusive entrepreneurial ecosystem in the next decade.

HHTIP accompanies businesses in efficient energy use for sustainability

HHTIP accompanies businesses in efficient energy use for sustainability

As green transition becomes a decisive factor shaping future growth, Hanoi is intensifying efforts to push energy efficiency across its industrial zones. The city’s management board is building a development model centered on clean energy, responsible production and sustainable operations.

Vietnam launches Semiconductor Alliance to build skilled workforce, strengthen global industry ties

Vietnam launches Semiconductor Alliance to build skilled workforce, strengthen global industry ties

The newly launched Semiconductor Alliance in Vietnam seeks to develop skilled professionals, foster collaboration between universities and businesses while preparing the country to play a more active role in the global semiconductor industry.