Vietnam and Russia launch innovation partnership targeting technology and startups

Vietnam and Russia have formalized a partnership to foster innovation. The agreement focuses on collaborative research in emerging technologies. Both countries will support joint startup incubators and accelerator programs. Funding mechanisms are being set up to back joint ventures and tech transfers. The partnership aims to boost each nation’s competitiveness in the global market. Officials highlighted areas such as AI, renewable energy, and advanced manufacturing. Participants will exchange expertise through workshops and exchange visits. The initiative is slated to begin implementation within the next year.