MoU signed to foster Vietnam-Canada cooperation in science, technology

VNEI Chairman Nguyen Trung Dung (R) and CICAN Vice President Alain Roy pose for a photo after signing the cooperation agreement. (Photo: VNA)

This agreement will focus on developing a proposal funded by the Global Affairs Canada to establish a Canada-Vietnam Innovation Centre which aims to promote expertise transfer and cooperation in innovation and entrepreneurship between the two countries.

Head of the Vietnam Science and Technology Representative Office Hoang Ngoc Dinh stated that the MoU is of practical significance, as it will open up clearer opportunities for enhancing cooperation in human resources training in science and technology for Vietnam.

This agreement will also create opportunities to implement several joint scientific research projects between the two sides in priority areas such as climate change mitigation and adaptation, and energy transition. As a result, research institutions and universities in both countries will establish joint projects and propose funding sources from the Canadian government to implement components in each country.

Evaluating that bilateral cooperation in science and technology, particularly in the transfer of products, technological know-how, and innovation has been limited due to disparities in development levels, high costs, and significant expenses involved in technology transfer, Dinh said that the MoU will open up prospects for fostering more comprehensive and in-depth cooperation in science, technology, and innovation.

Regarding the establishment of the Canada-Vietnam Innovation Centre, he said that this will help promote knowledge transfer, enabling Vietnam to gain early and direct access to global knowledge, entrepreneurial spirit, and innovative thinking./.