Sri Lanka, Aug. 27 -- Infineon Technologies has signed a Memorandum of Understanding (MoU) with the Startup and Innovation Hub of Ho Chi Minh City (SIHUB). This strategic partnership aims to drive innovation and collaboration in the fields of mobility, energy and the Internet of Things (IoT), while reinforcing Vietnam's growing position as a vibrant hub for startups.

As the Vietnamese government actively promotes innovation and entrepreneurship, recent trends indicate a surge in local startups, particularly in technology and sustainable solutions. This collaboration aligns with national objectives to enhance the country's innovation capacity and support the development of homegrown businesses that can compete on a global scale.

"This pa...