NIC and Siemens DISW cooperate to develop an innovation ecosystem in Vietnam


In an ever-evolving world of technology, modern enterprise application development cycles are getting shorter and shorter. Technology leaders are using innovative tools to accelerate digital transformation and gain competitive advantage. Technology integration or transfer plays an important role in this process, helping organizations create better products more quickly.

Speaking at the conference “Applying technology to accelerate innovation and conquer the global market” taking place today (January 26.1), Mr. Bob Jones – Executive Vice President, Global Business Department of Siemens – citing Statista predictions, worldwide spending on digital transformation is expected to reach $3,4 trillion by 2026. And according to Gartner, 91% of businesses participate in some form digital initiatives and 87% of senior business leaders say digitalization is a priority.

“The world is changing and customer expectations are also changing. It is necessary to turn complexity into a competitive advantage and successful digital transformation originates from the company’s strategy” – Mr. Jones said.

Sharing the same opinion, Mr. Vu Quoc Huy – Director of the National Innovation Center (NIC) – assessed: “Technology is increasingly becoming a decisive factor in business development. Especially for businesses that want to reach the global market, learning, transferring, and finding to apply appropriate technologies are very important conditions.”

Mr. Vu Quoc Huy emphasized that technology is increasingly becoming a decisive factor in business development. Photo: Duc Manh

In fact, Vietnam is considered one of the countries with a dynamic innovation ecosystem thanks to the rapid development of the digital economy and the strong growth of the technology sector. In 2022, Vietnam’s digital economy will grow 28% compared to 2021 from 18 billion USD to 23 billion USD, the highest increase in Southeast Asia. Not only that, Vietnam’s digital economy is forecast to grow twice as fast as GDP by 2030 (19% compared to 9%).

According to Mr. Huy, right in Hanoi, NIC has also cooperated with Siemens DISW to build a digital experience space for the smart factory field. These technology solutions help manufacturers identify technology application solutions that can be applied and deployed in businesses.

At the event, Mr. Alex Teo – Vice President and Managing Director of Siemens Digital Industry Software, Southeast Asia – and Mr. Vu Quoc Huy signed and handed over a memorandum of cooperation to develop the ecosystem. innovation in Vietnam

Also at the conference, representatives of NIC and a number of businesses in the field of smart factories made comments, exchanged experiences and discussed technology trends and the role of technology in the process. Accelerate innovation and penetrate global markets.


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