Factories that use outdated technology cause pollution. A report revealed that 90 percent of local firms use outdated technology. (Source: VNA)
Hanoi (VNA) - Only 10 perc🧜ent of Vietnamese enterprises use modern technology, of which only two percent have hi-tech.
This is much lower than that of Thailand with 31 percent, Malaysia with 51 percent and Singapore with 73 percent.
A report released by the science and technology ministry said most local businesses were technologically backward as 76 percent of their machines and production lines had been imported in the 1950s and 1960s. About 75 percent of the machines had fully deteriorated.
The number of enterprises operating in the hi-tech sector accounts for only 2 percent of the total. However, they participate in low-value segments.
Economists said after joining the Trans-Pacific Partnership (TPP), Vietnam should carefully prepare to take advantage of the new opportunities for further development.
"We cannot develop if we do not have attractive and favourable conditions to lure investment," Tran Dinh Thien, director of the Vietnam Economics Institute, said.
Thien said Vietnam's economy depends heavily on China as it is the country's largest export market. In addition, China accounts for 19 percent of the total import-export value in Vietnam.
"Vietnam has been affected due to its dependency on imports from China. After joining the TPP and the global supply chain, Vietnam should reduce its dependency," he said.
Former Vietnam Ambassador to the Republic of Korea (RoK) Nguyen Phu Binh said Vietnam should have large private groups.
The RoK experience shows they have used the industrial park (IPs) model with special mechanisms and favourable conditions to attract investments effectively.
The development of IPs in Vietnam has not been planned as every locality wanted to build IPs with a large number of preferential terms to lure investors without specific orientation, Binh said.
He said Vietnam’s participation in the TPP is a smart choice as it could join a platform that suited its capacity.-VNA
The Vietnam Training and Examination Center at the Hoa Lac Hi-Tech Park (HHTP) should now expect to receive modern technologies from the Republic of Korea's Kyungpook National University LINC Centre.
HCM City, Vietnam’s southern economic hub, is making efforts to transform its processing and industrial zones from traditional labour-intensive structure to high-tech key industries.
The Soc Son district in the outskirts of Hanoi is set to become an industrial hub under the city’s industrial development plan through 2020 released on August 26.
How the Trans-Pacific Partnership Agreement (TPP will open opportunities to attract investment in Vietnam was the focus of an interview granted by a former official of the Foreign Investment Agency.
Vietnamese companies invested over 213 million USD in mining and farming projects abroad in the first 10 months of 2015, according to figures released by the Foreign Investment Agency.
With its own capabilities and the close, experienced partnership of the International Atomic Energy Agency (IAEA), Vietnam is well-positioned to pursue its first nuclear power plant that meets the highest international safety standards. Ambassador Vu Le Thai Hoang, Permanent Representative of Vietnam to the United Nations and International Organisations in Vienna, Austria, talked to the Vietnam News Agency about the country’s deepening cooperation with the International Atomic Energy Agency (IAEA) in applying nuclear technology for peaceful purposes.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
Factories that use outdated technology cause pollution. A report revealed that 90 percent of local firms use outdated technology. (Source: VNA)
