It is inevitable to utilise scientific and technological advances in linking sectors, regions, institutions and schools with businesses amid complex developments of the COVID-19 pandemic.
The year 2021 witnessed the marked developments of digital transformation. (Photo: Investment Review)
Hanoi (VNA) –🎃 It is inevitable to utilise scientific and technological advances in linking sectors, regions, institutions and schools with businesses amid complex developments of the COVID-19 pandemic.
The national innovation system has been kickstarted with businesses playing the central role. However, Vietnam has yet to be fully ready for the fourth Industrial Revolution.
The year 2021 witnessed the marked developments of digital transformation and e-government, as well as the formation of a digital ecology connecting administrations with businesses and people, and the birth of a new generation of enterprises that run knowledge-based business.
Deputy Minister of Science and Technology Le Xuan Dinh said apart from pressures, the pandemic has presented opportunities for the application of scientific and technological advances and innovation.
Vietnam’s innovation startup ecology is developing strongly, creating the new generation of enterprises that are able to access the global market, he added.
The National Innovative Entrepreneurship Day (Techfest Vietnam 2021) lasted from September to December in both online and in-person formats, with 120 events.
Over 350 startups registered for the programme which featured 997 booths and 711 products. Some 100 investors wanted to pour 15 million USD in Vietnamese startups.
🌠 Along with the national startup portal, which is operating effectively, 13 cities and provinces have launched their own startup portals.
Vietnam ranked 44th out of 132 economies in the Global Innovation Index 2021 (GII 2021). (Photo: VNA)
The Ministry of Science and Technology has also established a Hanoi-based centre to support innovation startups and is working to form a network of such centres in Hanoi, Da Nang and HCM City.
Vietnam ranked 44th out of 132 economies in the Global Innovation Index 2021 (GII 2021) which was announced by the United Nations' World Intellectual Property Organisation (WIPO), Dinh said.
Its international publications also increased 2.5 percent from 2020 to reach 18,510 publications last year, which demonstrates the country’s efforts in scientific and technological research and innovation.
According to the Deputy Minister, Vietnam earmarked a record of over 1.3 billion USD for innovation startups despite the pandemic.
Startup initiatives need support of research institutes, universities, experts and scientists so that research results would be brought to life, Dinh stressed./.
A Vietnam Innovation Network in Chinese Taipei (VIN Taiwan) has been set up in Taiwan (China), marking a new development step of the Vietnamese intellectual community in the territory, according to the Ministry of Planning and Investment (MoPI).
Digital transformation, digital platforms and digital economy are viewed as engines for the economic recovery and development in Vietnam at the time of COVID-19, CEO of Grab Vietnam Nguyen Thai Hai Van told a seminar on December 6.
The Ministry of Planning and Investment and the German Agency for International Cooperation or (GIZ) have jointly held a conference in Hanoi to discuss a report on the development of a set of criteria for innovative enterprises of Vietnam.
Ten outstanding collectives and individuals were honoured as winners of the 2021 Ho Chi Minh City Innovation and Startup Awards (I-Star 2021) on December 14.
Three Vietnamese engineers have won Gold Award at The Global AI Challenge for Building E&M Facilities 2025, held in the Hong Kong Special Administrative Region (China).
With the government's strong direction and active participation from businesses and citizens, national digital transformation is deepening, with a focus on building a digital government, economy, and society.
VietNEST (Vietnamese Nurturing Education for Science & Traditions) is a mobile app and digital platform for Vietnamese language learning among overseas children.
The networks bring together universities, research institutes and domestic and foreign businesses. Members will work closely in training, research, and technology transfer by sharing curricula, improving faculty capacity, providing access to laboratories and research facilities, and jointly implementing science and technology projects.
The Better Choice Awards (BCA) 2025 is a key highlight in the lead-up to Vietnam Innovation Day that falls on October 1, an annual event expected to attract hundreds of innovative enterprises, research institutions, investment funds, and startups from both Vietnam and abroad.
The new line serves as a critical backup route, strategically complementing existing submarine cables and enhancing the resilience, proactivity, and security of Vietnam’s telecommunications infrastructure.
Vietnam is actively yet cautiously preparing for the construction of its first nuclear power plant in Ninh Thuan (now the south-central coastal province of Khanh Hoa). The resumption of the programme after years of suspension carries considerable significance for the nation’s development in a new era as it strives to gradually reduce and ultimately phase out coal-fired power to realise the Government’s commitment to Net Zero by 2050.
The government leader reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
With the launching of its two-tier local administration model, the city is incorporating technologies such as artificial intelligence (AI) and blockchain to enhance service delivery for citizens and businesses, aligning with the Politburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation.
Vietnam has issued many key policies to support semiconductor development, notably the Politburo’s Resolution 57 on science, technology, innovation, and digital transformation. Other initiatives include the Semiconductor Industry Development Strategy to 2030, with a vision to 2050, and the Human Resources Development Programme for the Semiconductor Industry.
Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.
Taking place on August 1–2, the event features more than 20,000 attendees and over 200 speakers from Vietnam, the h Korea, Singapore, the UAE, Hong Kong (China) and the US.
Dung directed the Ministry of Science and Technology to revise the national startup scheme, ensuring it clearly defines the scope and content, grounded on strong political and legal foundations, international best practices, and well-reasoned arguments for submission to the Government.
The two-day academic forum, themed “Resilience, Sustainability & Digital Transformation in a Changing World: Perspectives from Southeast Asia”, aims to share interdisciplinary research insights, focusing on adaptive capacity, sustainable development, and digital transformation amid evolving global and regional landscapes.
With such a rapid economic growth, Vietnam must diversify energy sources and nuclear power is a rational choice to ensure the national energy security, said Associate Professor Kei Koga from the Nanyang Technological University (Singapore).
Deputy Prime Minister Nguyen Chi Dung emphasised that Vietnam has a clear strategy and ambition in this field, and is rapidly emerging as a central hub and key link in the regional and global semiconductor value chains.
According to Cushman & Wakefield’s latest Asia-Pacific Data Centre Investment Landscape report, Vietnam now ranks second in the region for data centre investment returns, with a yield on cost (YoC) of 17.5–18.8%, just behind Singapore’s 21–23%.
Vietnam is taking drastic yet cautious steps in building a culture of nuclear safety and security, with the aim of having its first nuclear power plant operational by the end of 2030 and using this specific energy source effectively and sustainably.
Vietnam’s 5G strategy has been clearly outlined in national digital technology and infrastructure policies. A wide range of solutions is being vigorously implemented to achieve the target of an average internet speed of 100 Mbps by 2025 and full nationwide 5G coverage by 2030.