Youngju Oh, Minister of SMEs and Startups, signed an MOU on the establishment of ministerial committee with Ministry of Planning and Investment of Viet Nam in order to invigorate cooperation and exchange in the SMEs and venture fields on the occasion of the official visit of Pham Minh Chinh, Prime Minister of Viet Nam. On top of that, Minister Oh also concluded an MOU with Viet Nam's Ministry of Science and Technology to step up collaboration in the startup ecosystem in both countries. Minister Oh said, "Based on these two MOUs, we will build a strong partnership with Viet Nam going forward and create a dynamic ecosystem where small businesses and startups from both countries can thrive together through innovation."