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Vietnam’s Strategic Position in High-Tech Cooperation: A Glimpse into Official Visits

By 2 November 2023July 18th, 2024No Comments

Netherland’s Official Visit: Expand existing cooperation and explore new opportunities in the high-tech sector

In recent strides toward technological advancement and global collaboration, Vietnam’s diplomatic relations have seen remarkable engagements with key world leaders. On November 1st and 2nd, 2023, the Netherlands Prime Minister, Mark Rutte, embarked on an official visit to Vietnam, aligning with the 50th anniversary celebration of diplomatic ties between the two nations. The visit’s main focus was to expand existing cooperation and explore new opportunities in the high-tech sector, marking a pivotal milestone in Vietnam-Netherlands relations.

Dutch Prime Minister Mark Rutte (L) is welcomed at Noi Bai airport in Hanoi by the Minister of Information and Communications Huynh Thanh Dat on November 1, 2023. Photo by VNA. Source: Vnexpress

During the visit, Dutch Ambassador Kees Van Baar shared insights into the Netherlands’ commitment to bolster high-tech cooperation. Dutch technology giants accompanied the Prime Minister, affirming the Netherlands’ keen interest in collaborating with Vietnam in the realms of high technology and digital transformation. The Netherlands, boasting industry leaders in semiconductors, telecommunications, and e-commerce such as ASML, NXP, Phillips, and Adyen, aims to tap into Vietnam’s growing presence in the global high-tech supply chain.

An advertisement of Adyen – the Global Payment Platform from the Dutch.

Ambassador Van Baar emphasized the interest of Dutch businesses in diversifying their high-tech production beyond China, fostering potential partnerships with Vietnamese enterprises and foreign stakeholders. This pursuit seeks to explore Vietnam’s ecosystem, entrepreneurial climate, and availability of skilled talents to enrich the high-tech industry.

US President’s Visit Sparks Strategic Tech Alliances in Vietnam

Vietnam’s growing allure in the technology sphere was further underscored by the recent official visit of US President Joe Biden in September. Executives from prominent tech companies like Google, Intel, GlobalFoundries, Microsoft, Nvidia, and Boeing, among others, engaged in discussions and unveiled significant technological collaborations. Microsoft and Trusting Social are expected to announce an agreement on developing an AI-based solution, specifically designed for Vietnam and emerging markets. NVIDIA plans to cooperate with FPT, Viettel and Vingroup to deploy AI in computing cloud, automobile industry and healthcare. Meta Platforms and the Vietnam National Innovation Center will announce a program promoting digital transformation among small and medium enterprises (SMEs).

Vietnamese Prime Minister Pham Minh Chinh, right, meets with U.S. President Joe Biden at the Government Office in Hanoi, Vietnam, Monday, Sept. 11, 2023. (AP Photo/Minh Hoang, Pool)

This sequence of high-profile visits and notable technology deals attests to Vietnam’s increasing significance as a strategic player in the high-tech landscape. The country’s growing focus on technology, innovation, and the pursuit of cultivating a conducive environment for high-tech ventures further solidifies its position as a key player in the global technology map. The synergy between official diplomatic visits and technological collaborations highlights Vietnam’s emergence as a pivotal hub for technological advancement, fostering global partnerships and shaping its standing in the global technology arena. With a team of skilled professionals and a focus on diverse tech services, SmartDev stands ready to elevate businesses through its extensive expertise and innovative solutions. Explore how SmartDev can optimize your business’s IT needs in Vietnam and beyond. Please get contact with us to explore further the opportunities.

Ha Nguyen

Author Ha Nguyen

Ha Nguyen serves as the Marketing Manager at SmartDev - A Verysell Group Company, playing a vital role in coordinating the diverse brands within the group. With a profound passion for technology and an unwavering belief in its transformative power, she is dedicated to leveraging marketing and branding strategies to maximize the impact of the technology-driven solutions offered by the Verysell Group.

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