By 2040, AI will become a core factor of Vietnam's economic growth, according to a report released by the National Innovation Centre.

Data from Booking.com reveals that during the peak summer vacation in June and July, beach trips continue to be a top priority for Vietnamese travellers.

The key to success in scientific research lies in the collaboration between private enterprises and universities. When private companies place orders with universities, academic institutions receive funding for operations while providing students with opportunities to handle real-world problems.

The scheme aims to strengthen Vietnam’s science, technology, engineering and mathematics (STEM) capacity, fostering a workforce capable of driving innovation and participating in advanced research in strategic high-tech industries.

Prime Minister Pham Minh Chinh stressed that science, technology, innovation and digital transformation are the foundation for the country to develop quickly and sustainably.

Notably, it introduces policies allowing research institutions to own and make independent decisions regarding research outcomes and assets derived from their work. Researchers will be entitled to at least 30% of the profits from commercialisation and are allowed to establish and manage businesses.

Minister of Agriculture and Environment Do Duc Duy said agriculture and environment sector must transform its mindset and methods in order to improve productivity, enhance product quality and value, and protect the environment for future generations.

The Vietnamese pavilion showcased advanced technology products and solutions from outstanding Vietnamese enterprises. It is expected that Vietnamese businesses can connect with potential investors and partners while introducing their startups and innovative initiatives at the pavilion.

The group needs to continue implementing reforms and innovations, applying advanced governance methods to enhance management efficiency, manage resources effectively, and improve competitiveness, he said.

Vietnam currently has over 4,000 innovative startups, including two unicorns valued at over 1 billion USD, 11 companies valued at over 100 million USD, more than 1,400 startup support organisations, 202 co-working spaces, 208 investment funds, and 35 business promotion organisations. Among these, it is estimated that around 200-300 companies focus on green transition, covering areas such as renewable energy, environmental technology, sustainable agriculture, and the circular economy.

To overcome the middle-income trap and become a high-income nation, Vietnam must rethink and reshape its development trajectory. The key lies in technological innovation, institutional reform, and industrial upgrading, according to a Chinese professor.

The fourth Partnership for Green Growth and the Global Goals 2030 (P4G) Summit, to be held in Hanoi on April 14-17, is the first multilateral high-level conference in the field of green growth, green transition, and sustainable development hosted by Vietnam.

Despite recognising the importance of innovation, Vietnam still lacks specific mechanisms and policies to promote innovation in key emerging fields in business and technology.

Since 1996, the Korean government has provided funding for Vietnam’s transport infrastructure development. To date, the two countries have successfully completed nine projects, with total loans of over 1 billion USD, and are currently working on six other projects with loans worth nearly 600 million USD.

The Politburo’s Resolution 57-NQ/TW holds strategic significance as Vietnam needs to innovate its growth model, and improve labour productivity and competitiveness. It identifies science, technology, innovation and national digital transformation as the main driving force for socio-economic development, helping Vietnam escape the growth model based on cheap labour and resources, said Chairman of the Association of Vietnamese Intellectuals in Japan Dr. Le Duc Anh.

Vietnam has set ambitious milestones, aiming to rank among the top three ASEAN countries in artificial intelligence (AI) research and development, digital competitiveness, and the e-government development index by 2030.

An expert from Singapore’s Lee Kuan Yew School of Public Policy has shared some of the city-state's experiences in how to promote science, technology, innovation, and digital transformation for national development.

According to trade experts, Vietnam is ranked as the world's 20th largest exporter in the world and among the world's top exporters of various products such as rice, coffee, cashews, and garment-textiles.

The survey findings released in Ho Chi Minh City on March 21 show that the growth momentum is expected to accelerate in 2025, with 92% of small businesses expecting to grow, the highest projection among 11 markets surveyed.

Speaking at a conference on digital NA and AI application in the NA’s digital transformation held by the NA Office on March 19, the top legislator highlighted the event's significance, demonstrating the NA's determination to advance the application of state-of-the-art technologies to enhance its operational effectiveness and meet the country's development requirements in the new era – the era of the nation’s rise.