Vietnam is emerging as a fast-growing destination for ICT research and development, supported by a young, educated workforce and significant foreign investment exceeding $40 billion in the last decade. The country ranks highly for software outsourcing, with Ho Chi Minh City and Hanoi noted as top emerging cities due to their large talent pool and strong government support for the industry. Opportunities for cooperation include distribution, localization, testing, and technical support, leveraging Vietnam's competitive advantages in the ICT sector.