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Subject KIST and KOICA Host Kick-off Ceremony for VKIST’s Establishment (2017.11.21)
Date 2017-11-21 Read 201
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KIST and KOICA Host Kick-off Ceremony for VKIST’s Establishment

 

- KIST and VKIST sign MoU for mutual cooperation

 

 

On November 21, 2017, the Korea Institute of Science and Technology (KIST) and the Korea International Cooperation Agency (KOICA), in collaboration with the Ministry of Science and Technology (MOST) of Vietnam, hosted a kick-off ceremony for the establishment of the Vietnam-Korea Institute of Science and Technology (VKIST).

 

The ceremony was attended by about 200 officials and scientists, including the Korean ambassador, Vietnam’s deputy prime minister, Vietnam’s science and technology minister, and the vice-president of KIST. At the start of the event, Dr. Kum Dongwha, who was officially appointed as VKIST’s founding president back in May, briefed attendees on the details regarding VKIST’s establishment, then signed a Memorandum of Understanding (MoU) for mutual cooperation with partner institutions such as KIST. Later, leaders in Vietnam’s S&T industry updated the audience on Vietnam’s IT and BT industries before segueing into a series of lively discussions. Participants included experts from Viettel (Vietnam’s #1 telecommunication company) and VABIOTECH (a pharmaceutical company), as well as the director of the National Institute for Science and Technology Policy and Strategy Studies (NISTPASS).

 

At the event, KIST drew upon its vast experience, which includes spinning-off 16 other research institutes and leading Korean S&T development for the past 50 years, to suggest ways in which VKIST could contribute to Vietnam in similar fashion. In addition, KIST announced plans for cooperating with VKIST on scientific training and research.

 

The VKIST establishment project began in 2012 at the request of Vietnam’s then-prime minister. KOICA allotted KRW 39.2 billion in official development assistance (ODA) to support the construction of a KIST-style multidisciplinary research institute located at Hanoi’s Hoa Lac High-tech Park.

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