The cooperation between Siemens and the Vietnam Petroleum Institute (VPI) represents a strategic partnership and marks the beginning of a joint journey to build a more innovative, more transformative, and more sustainable future for Vietnam's energy sector in the decades ahead.
Dr. Pham Thai Lai, President and CEO of Siemens ASEAN and Vietnam and Dr. Nguyen Thanh Tung - Deputy Director of VPI, represent both parties in signing the MoU.
On July 7, 2026, the Vietnam Petroleum Institute (VPI) and Siemens signed a Memorandum of Understanding (MoU) on research, development, and implementation of technology solutions in digital twin, industrial digitalization, operational intelligence, asset performance management, data analytics, and other digital transformation solutions in the energy, petroleum, and industrial sectors.
Both parties stated they will share information and resources necessary to effectively implement the agreed cooperation activities, in order to leverage each other's strengths. In particular, the combination of Siemens' advanced technology platform with VPI's in-depth expertise and practical experience in Vietnam's energy sector is expected to lay the groundwork for researching, developing, and delivering optimal technology solutions tailored to the specific characteristics of Vietnam's energy market. The signing of the MoU marks an important first step, providing a foundation for VPI and Siemens to continue discussions, research, and the implementation of specific cooperation projects going forward.
Speaking at the signing ceremony, Dr. Pham Thai Lai, President and CEO of Siemens ASEAN and Vietnam, noted that Vietnam's energy sector is undergoing significant transformation driven by pressing requirements for energy security and sustainable development, the country's net-zero emissions commitment by 2050, and the shift toward cleaner and smarter energy systems. He noted that the Vietnamese Government has identified 10 national strategic technology fields, including digital technologies such as artificial intelligence (AI), big data, and digital twin; advanced energy and materials technology; ocean and deep subsurface technology; as well as cybersecurity and quantum computing.
The list of prioritized strategic technology products also includes digital twin platforms, green hydrogen systems, advanced battery and energy storage technology, carbon capture and storage solutions, as well as deep-sea exploration technology. Dr. Pham Thai Lai stated that these are fields of particular importance to the energy and petroleum sectors, demonstrating that Vietnam is not only actively driving its energy transition but also building the technological foundation to lead this transformation process.
The Siemens leader recognized that VPI is not only a pioneer in applying artificial intelligence, digital twin, and data analytics in the energy sector, but is also actively advancing research and development in green hydrogen, energy storage technology, and CO₂ capture, as well as preparing for the development of nuclear power — all in close alignment with Vietnam's national development orientation and roadmap. Dr. Pham Thai Lai affirmed that the cooperation between Siemens and VPI is a strategic partnership, marking the start of a shared journey to build a more innovative, more transformative, and more sustainable future for Vietnam's energy sector in the decades to come.
Dr. Nguyen Van Tu, General Director of VPI, stated that the signing of the MoU with Siemens opens a new phase of cooperation in scientific research, digital transformation, and technology application, and expressed confidence that the cooperation between the two parties will be implemented effectively, contributing to advancing digital transformation and sustainable development in Vietnam's energy sector.
The VPI General Director highly valued Siemens' capabilities and technology as a world-leading corporation in the fields of industry, energy, and automation, currently pioneering in digital transformation and artificial intelligence, and expressed hope for the long-term value of the cooperation.
Building on the cooperation directions set out in the MoU, the VPI General Director proposed that the technical units of both parties continue to research, develop, and deliver products and solutions to address the practical challenges facing the energy industry, thereby contributing to ensuring national energy security.
NEWS