An integrated circuit development unit at the Vietnam National University in Ho Chi Minh City (Photo: VNA)
HCM City (VNA) – A seminar on the development of science and technology businesses was h♏eld in Ho Chi Minh City on November 25.
Addressing the event, Deputy Minister of Science and Technology Tran Van Tung highlighted the important role of sci-tech enterprises in the country’s development.
A number of policies have been issued and many activities have been deployed to support and develop sci-tech businesses, helping them gain a firm foothold in the home playground, he said.
By November 2015, 204 enterprises of this kind had been licensed, mainly in big cities and provinces such as Hai Phong, Quang Ninh, Hanoi, Thanh Hoa, HCM City and Binh Duong. Most of them boast stable performance with low rates of closure.
The volume of licensed corporations, however, falls short of their potential and advantages, Tung noted.
The application of scientific and technological advances in production not only improves the competitiveness of domestic goods but also stimulates research and development activities.
Tran Xuan Dich, Deputy Head of the National Agency for Technology Entrepreneurship and Commercialisation Development, pointed to barriers these firms are facing as they strive to grow.
For instance, despite being licensed, they still have to register for operating in the field. Other enterprises, working in IT and environmental sectors or investing in agriculture, still enjoy benefits from State policies so they have no appetite for registration.
Participants said turning research outcomes into commercial products has been hindered by lack of relevant standards and regulations.
As State management goes behind technological development, opportunities have been missed out, they said, stressing that a completed legal framework is essential for future expansion of sci-tech firms.
By 2020, Vietnam targets to have 5,000 licensed sci-tech enterprises. To be accredited as a sci-tech business, a firm needs to prove its legal ownership of technologies it is applying or transferring.-VNA
A trade fair was kicked off in Vung Tau city, Ba Ria-Vung Tau province on November 5 to demonstrate latest technologies and connect technological supply and demand in southern Vietnam.
Experts discussed the application of the Internet of Things (IoT) in smart urban area development at a conference in Ho Chi Minh City on November 12-13.
Vietnam’s technological products are introduced toThai and internationalfirm and technological research centres through Thailand’s National Science and Technology Fair 2015 in Nonthaburi province.
A mere 3.3 percent of agricultural businesses nationwide are investing in technological development, as heard at a conference held in Ho Chi Minh City on November 24.
A workshop was held in Hanoi on November 25 to discuss supporting policies and models for businesses in research and technology transfer to implement Vietnam’s industrialisation strategy.
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.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
Ambassador Nguyen Minh Vu laid stress on the significance of the Hanoi Convention, particularly to the Asia – Pacific, to handling legal gaps in international cooperation against rapidly increasing global cybercrime.
The week features a rich lineup of activities, including a plenary conference on blockchain and AI development, thematic seminars on future technology trends and investment visions, applications of blockchain and AI in business, the Super Vietnam PitchFest, as well as forums for blockchain and AI.
According to the Politburo’s Resolution No. 57-NQ/TW, dated December 22, 2024, on making breakthroughs in the development of science, technology, innovation, and national digital transformation, this is considered a decisive factor in the development of nations. It is seen as a prerequisite and the best opportunity for Vietnam to become prosperous and powerful in the new era of the nation’s rise.
Vietnam’s demographic advantage, including a youthful population of 100 million in a “golden age”, further bolsters its ambitions. Its dynamic workforce, with a natural inclination toward science, technology, engineering, and math (STEM), is a key asset in attracting private investment to innovation-driven sectors.
Vietnam views sci-tech as a decisive factor in national development and a key tool for achieving sustainable development goals, and is ready to boost sci-tech cooperation with Venezuela for mutual prosperity.
An integrated circuit development unit at the Vietnam National University in Ho Chi Minh City (Photo: VNA)
