Vietnam - Australia: Connecting for investment, digital technology development and AI

Expanding market opportunities

The forum, organized by the Department of Digital Technology and Artificial Intelligence , Ministry of Science and Technology, in collaboration with the Vietnam-Australia Intellectuals and Experts Association (VASEA), aims to concretize the cooperation contents agreed upon by both sides and strengthen the connection between the technology, investment, and innovation ecosystems of the two countries.

This forum is a follow-up activity to the TechConnect Vietnam - Australia Forum on August 10, 2026. With the message "From dialogue to connection, from innovation to investment," the forum aims to create a space for substantive cooperation between Vietnam and Australia, thereby expanding opportunities in markets, technology, partnerships, and investment for Vietnamese digital technology businesses.

Through Australia's network of experts, universities, businesses, and organizations, Vietnamese businesses can access knowledge, technology, high-quality human resources, partners, and investment opportunities, as well as support for product development, research and technology transfer, commercialization, and expansion into international markets.

Speaking at the event, Deputy Minister of Science and Technology Le Xuan Dinh said that Vietnam identifies the development of science, technology, innovation, and digital transformation as the driving force to improve productivity, quality of growth, and competitiveness.

International cooperation needs to contribute to this process by helping businesses and research and training institutions access knowledge, develop human resources, and enhance technological capabilities. Through each project, the parties involved should gain the ability to create products that meet market needs and participate more deeply in value chains.

According to Deputy Minister Le Xuan Dinh, Vietnam and Australia have favorable conditions to jointly achieve this goal. Vietnam has a vast need for technology application, and its engineers and businesses are actively expanding their international operations. Australia has universities, research facilities, and an innovation ecosystem that Vietnamese partners wish to strengthen connections with. By combining these resources in specific projects, both sides can jointly develop technology, train human resources, and explore new markets.

To promote cooperation in digital technology, artificial intelligence (AI), and semiconductors, and to expand market opportunities and investment for digital technology businesses, the Deputy Minister suggested linking research and product development with human resource training. Research institutes, universities, and businesses need to participate together from the initial problem identification stage, combining research with market demands and preparing a team to develop and operate the technology.

"AI collaboration needs to focus on data quality, reliability, and control over results; semiconductor collaboration can focus on chip design, design validation, prototyping support, and testing, in accordance with the needs, capabilities, and resources of the parties involved," said Deputy Minister Le Xuan Dinh.

The Deputy Minister also requested the Department of Digital Technology and Artificial Intelligence to coordinate with relevant units to be ready to participate and select priority projects based on data access, testing conditions, capabilities, resources, and commercialization potential.

Key orientations for sustainable development

At the event, Ms. Renee Deschamps, Chargé d'affaires ad interim of the Australian Embassy in Vietnam, shared that Australian businesses are very interested in Vietnam's digital future, especially opportunities to promote fields such as semiconductors, artificial intelligence, and cybersecurity. At the same time, Australian businesses wish to participate in cooperation and support Vietnamese businesses in exchanging knowledge about technology and investment.

According to Renee Deschamps, innovation and digital growth are both based on infrastructure, including digital infrastructure and data systems, which in turn drive the development of the digital economy . Therefore, investment and support for businesses are essential so that digital transformation will benefit a large number of people and the entire economy. This is also an important direction for the sustainable development of both countries in the future.

According to Dr. Nguyen Khac Lich, Director of the Department of Digital Technology and Artificial Intelligence, technological cooperation requires the participation of businesses, research institutes and universities, experts, and partners in investment and markets. The forum is an opportunity for all parties to directly exchange needs, showcase capabilities, and find suitable partners.

Within the framework of the Forum, the V-bridge platform – developed by the Department of Digital Technology and Artificial Intelligence in collaboration withFPT Group and VASEA – was launched. This platform aims to support connections between businesses and organizations within the Vietnam-Australia technology ecosystem. "We expect V-bridge to help maintain online connections, so that partners worldwide can continue to explore, work with, and develop cooperation opportunities," said Dr. Nguyen Khac Lich.

Approximately 10 digital technology products, both Made in Vietnam and from Australia, were showcased at the Forum, providing an opportunity for businesses to directly promote their products and connect with partners, experts, and investors.