The Ministry of Science and Technology (MoST) organised a seminar on technology demand of the business community in Hanoi on January 13, in order to help with the building of a Vietnam-Korea Institute of Science and Technology (V-KIST).

The V-KIST is a joint project between the two governments, aiming to boost sci-tech research and application in Vietnam. 

Kum Donghwa, a representative from the Korea Institute of Science and Technology (KIST) shared experience in the operation of the KIST and affirmed that the institute will support Vietnam in building the Vietnam-Korea Institute of Science and Technology.

Nguyen Dinh Hau, Director of the Department of Science and Technology for Economic-Technical Branches, said the V-KIST is expected to address technological issues facing Vietnamese firms.

Hau said there is a large gap in technology development between Vietnamese enterprises and their international peers, adding that most of advanced technologies available in the country concentrate in the foreign-funded sector.

According to Nguyen Anh Dung, deputy head of the MoST’s support centre for technology transfer, sectors that have highest demand for technological improvement include agricultural produce processing and mechanics.