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Today in Hanoi, Hanoi University of Science and Technology (HUST) and Siemens have signed a Memorandum of Understanding (MoU) to promote mutual cooperation in science and technology development towards Industry 4.0. As part of this MoU, HUST will consider Siemens as a technology partner and mobilize Siemens’ knowledge and experience in the development of its Digital Factory Lab while Siemens is committed to providing HUST with state-of-the-art technology so as to enable this leading technical university in Vietnam to sustain its world class quality in education and training, as well as to empowering the next generation of digital talent for Vietnam. In particular, Siemens will grant HUST 200 Solid Edge Licenses with a commercial value of about US$30,000 each.