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Science, technology and innovation cooperation between Vietnam and Australia is facing a new stage of development, with the requirement to move from individual cooperation programs to common research ecosystems, from technology transfer to co-research, co-development and commercialization of research results. Download General Secretary and President To Lam speaks at the Vietnam-Australia Forum on science, technology, innovation, investment, education, training and human resource development - Photo: VNA On the occasion of the State visit to Australia by General Secretary and President To Lam, the two countries issued a Joint Declaration on strengthening science, technology and innovation connections between Vietnam and Australia. The joint statement affirmed that the two sides continue to strengthen cooperation in science, technology and innovation on the basis of the Vietnam - Australia Comprehensive Strategic Partnership; At the same time, he recognized the practical progress in this field and the increasingly important role of science, technology and innovation in sustainable economic growth, productivity, resilience and competitiveness. The leaders of the two countries agreed to promote cooperation in key and emerging technology fields, in accordance with the priorities, strengths and capabilities of the two countries. In that spirit, the two sides agreed to seek opportunities to expand joint research, strengthen links between innovation ecosystems and implement new collaborative initiatives. From technology reception to co-creation It can be said that this orientation is built on the existing foundation of cooperation, but sets higher requirements for depth and efficiency. Instead of just connecting each program or each organization, the two countries aim to link research, business and market resources in a long-term cooperative ecosystem. Previously, speaking at the Vietnam - Australia 2026 Forum on science, technology, innovation, investment, education, training and human resource development (Tech Connect Vietnam - Australia), General Secretary and President To Lam clarified Vietnams approach in the new period. According to the General Secretary, letter, the President, for Vietnam, developing science, technology, innovation and high-quality human resources is no longer just an option, but has become an inevitable requirement to realize the aspiration of becoming a developed, high-income country by 2045. The Party and State of Vietnam have established a new development model, in which knowledge, science, technology, innovation, digital transformation and international integration are identified as driving forces for growth. main growth of the economy. Along with that, Vietnam is shifting strongly from the goal of attracting investment to cooperating for mutual development; from technology adoption to technology co-creation; from participating in the value chain to gradually holding positions with higher added value in the global value chain. Australia is one of the partners with many strengths that Vietnam especially values and wishes to accompany in the development process. The two countries converge with strategic advantages and elements that complement each other very naturally. On that foundation, the two countries need to move from cooperation to co-creation, from technology transfer to co-research and co-development, from connecting individual organizations to linking two innovation ecosystems, building a regional innovation ecosystem, where businesses, universities, research institutes and investment funds connect, create and develop together. Secretary General In the letter, President To Lam proposed that the two countries develop and implement a connection strategy on science, technology and innovation with a long-term vision, considering this a new pillar of the Vietnam-Australia comprehensive strategic partnership. The two countries expand joint research programs, strengthen connections between research centers, universities, businesses and innovation investment funds; Form joint research cooperation networks in priority areas such as AI, semiconductors, digital technology, biotechnology, quantum technology, clean energy, strategic minerals and marine economy. Download Memorandums of Understanding (MOU) awarded between parties at the Vietnam - Australia Tech Connect event, August 10 in Sydney - Photo: Ministry of Science and Technology Focusing on strategic technology, bringing research to market From a high-level orientation, the Ministry of Science and Technology concretizes with the requirement to connect research programs, research facilities, capital sources and markets into a collaborative system capable of creating greater impact. At the Vietnam - Australia Tech Connect Forum 2026, Minister of Science and Technology Vu Hai Quan said that the new period needs three shifts: From exchanging experiences to jointly identifying and solving major development problems; from technology transfer to joint research, co-financing and creation of intellectual property and new products; from individual projects to building a long-term collaborative ecosystem. The first focus is to jointly research and develop strategic technologies and place businesses at the center of the innovation chain.g creation.The two proposed parties focus on AI, semiconductors, cybersecurity, quantum technology, biotechnology, clean energy and marine technology. Notably, each research needs to be built into a seamless chain, starting from the market problem, through testing to commercialization. The Strategic Technology Center is expected to become a common platform, and connect with venture capital funds and technology capital sources to bring potential inventions from the laboratory to the market. In 2026, Vietnam will sponsor 1 million USD for the Strategic Technology Center and about 3 million USD for 10 joint research projects on strategic technology. In addition to strategic technology research
