The festival also serves as a platform for Da Nang to showcase the achievements of its long-standing partnership with Japan while creating new opportunities for collaboration in investment, trade, tourism, education, and science and technology.
The northern province is expected to become a key growth pole and a major development engine for the Hanoi Metropolitan Region and the Red River Delta.
In particular, the South Korean delegation praised the Vietnam-Korea Institute of Science and Technology (VKIST) as a flagship model for bilateral cooperation.
Stakeholders shared their thoughts on the urgent need for Vietnam to fast-track strategic oil reserves, align the net-zero roadmap with domestic capacity, and diversify supply sources to strengthen its energy security.
Under the Politburo’s Resolution 57, at least 3% of total annual State budget expenditure should be allocated to science, technology, innovation, and digital transformation.