Vietnam and Austria are stepping up their collaboration in cutting-edge technologies and innovation. The “Austria-Vietnam High Technology and Innovation Forum” is set to take place on May 16, 2025, in Vienna, Austria. This event marks a significant milestone in the strategic partnership between the two nations, organized by the Vietnamese Embassy in Austria in collaboration with the National Innovation Centre (NIC) under Vietnam’s Ministry of Planning and Investment, and the Austrian Chamber of Commerce (WKO).
Key Highlights of the Forum
The forum will serve as a platform for both countries to share their expertise and strengths in technology, innovation, and digital transformation. This initiative aligns with Vietnam’s goal of becoming a developed country with a high income by 2045. It also supports the implementation of Resolution No.57-NQ/TW on science, technology, and innovation, and Resolution No.68-NQ/TW of the Politburo on private economic development.
Expected Participants and Discussions
The event is expected to attract numerous leading corporations from both Austria and Vietnam, particularly in the fields of Artificial Intelligence (AI), health technology, semiconductors, and cybersecurity. Some of the participating companies include UNIDO, TTTech, Infineon, Technologies Austria, Siconnnex, Dynatrace, FPT, VNPT, Sovico, and Genetica. This gathering will provide an opportunity for businesses to connect and explore potential cooperation in high-tech areas, as well as discuss development opportunities in pioneering fields such as biotechnology, quantum technology, IoT, edge computing, and robotics.
Significance of the Cooperation
Vu Le Thai Hoang, Vietnam’s Ambassador to Austria, highlighted the forum’s importance in implementing technology diplomacy and innovation policies. He noted that the event is strongly supported by WKO, NIC, relevant ministries, technology corporations, universities, and research institutes from both countries. This forum represents the first such event held in Europe to promote information exchange, update policies, and foster connections between Vietnamese and Austrian technology business communities, paving the way for future collaborations and deals.
Future Prospects
Austria is recognized as a global leader in research, development, and application of core technologies and innovation. The country has made significant achievements in semiconductors, AI, and electronics, contributing to the foundation of Industry 4.0. Vo Xuan Hoai, NIC’s deputy director, emphasized the role of the forum in supporting Vietnamese businesses in accessing advanced technology, expanding markets, and attracting high-quality investments. He highlighted the vast potential for Vietnam-Austria cooperation, particularly in technology transfer and development of high-quality human resources, creating added value for both economies.
The Vietnam-Austria High Technology and Innovation Forum 2025 is expected to be a strategic dialogue channel with the business community and leading technology partners in Europe. It will contribute to diversifying trade-investment relations and deepening cooperation in science, technology, innovation, and digital transformation between Vietnam and Austria. This event is also seen as an opportunity for Vietnam to affirm its position as a strategic destination for Austrian and European technology giants, further integrating into the global innovation map.
