February 24, 2024

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Vietnam issues National Technology Innovation programme

The Vietnamese Prime Minister recently issued the National Technology Innovation Programme up to 2030, which aims to facilitate and support enterprises to transfer, innovate, and perfect technologies as well as create high-quality products with high added value.

Furthermore, it will promote the transfer of technologies for agricultural development in rural and mountainous areas and regions and train scientific and technological human resources for technology transfer, renewal, and improvement.

According to a news report, the specific target is that by 2025, the number of enterprises implementing technology innovation will increase by an average of 15% per year. Also, 100% of enterprises producing key products should directly participate in the programme to form research and development organisations. There are three to five key product industries that own or create advanced technologies in the value chain to produce products with high added value and competitiveness in the market.

It also aims to increase labour productivity on the basis of technological innovation, especially in industries and fields of high added value, high export value, and high technology use. Enterprises directly participating in the programme are expected to have labour productivity at least 1.5 times higher than their labour productivity without technological innovation.

Each economic region should form at least one typical technology transfer application research model, suitable to the specific conditions of the locality, and that can be replicated. The programme’s tasks and solutions are to improve legal institutions and promote technology innovation activities.

Additionally, it will formulate and implement a roadmap to improve national technological capacity as well as research and master advanced technologies in the production of key products and products with high added value in the value chain and high competitiveness in the market. Also, the government intends to support small and medium enterprises in technological innovation and step-up support for technology innovation activities in rural and mountainous regions facing difficult and extremely difficult socio-economic conditions. Finally, the government targets an increase in financial resources for implementing the programme and promoting international cooperation.

Earlier this month, OpenGov Asia reported that the country had begun construction on the National Innovation Centre (NIC), which aims to host domestic and foreign technology firms and provide the optimal infrastructure system for the research and development of technological and start-up ideas.

The centre will promote investment and speed up the commercialisation of technological products and facilitate the formation of innovative centres in localities and regions. This will make important contributions to the restructuring of the economy and the transformation of the country’s growth model, improving the efficiency and competitiveness of the Vietnamese economy.

The centre, covering an area of 35 hectares, is set up under the Prime Minister’s Decision No.1269/QD-TTg to support and develop the nation’s start-ups and innovation ecosystems, contributing to the growth models based on science and technology.

It is expected to house domestic and international innovative businesses, laboratories, offices of large corporations, as well as be a working place for leading experts and scientists. The project intends to create ideal conditions for the local innovation ecosystem to develop rapidly.


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