National Innovation Centre's new establishment to be inaugurated in October
The National Innovation Centre (NIC)'s new establishment in Hoa Lac Hi-tech Park on the outskirts of Hanoi will be officially inaugurated in October this year, heard a press conference on August 15.
An overview of NIC's new establishment in Hoa Lac Hi-tech Park. (Photo: sggp.org.vn)
Hanoi (VNA)♐ – The NationalInnovation Centre (NIC)'s new establishment in Hoa Lac Hi-tech Park on theoutskirts of Hanoi will be officially inaugurated in October this year, heard apress conference on August 15.
Once the new facility is put into operation, the NIC will have two establishments, NIC Hanoi at D25 on Ton That Thuyet street and NIC Hoa Lac. The NIC is set to support and develop the nation’s start-up and innovation ecosystems. It is expected to house domestic and international innovativebusinesses, laboratories, offices of large corporations, as well as the workingplace of leading experts and scientists.
It was set up under the Government's Decree No 94./2020/ND-CP which regulates mechanisms and policies for the NIC, including incentives in terms ofadministrative procedures, finance, land, credit, and infrastructure for thecentre as well as organisations and individuals working at the centre.
🍒 On this occasion, the Vietnam International Innovation Expo 2023(VIIE 2023) will be organised from October 28 to November 1.
The expo will introduce innovativesolutions, initiatives, and hi-tech products in eight priority fields, namely smart factory, smartcity, digital content, network security,environmental technology, semiconductor industry,hydrogen and health. It is expected to draw the participation ofmajor corporations both at home and abroad as well as start-up community,small-and medium-sized enterprises (SMEs), universities and institutions. Many activities will be held on the sideline of the exhibition, including international seminars on semiconductor industry, hydrogen energy,game industry, Vietnam Ventures Summit and STEAM Festival.
Deputy Minister of Planning and Investment Tran Duy Dong chairs the press conference. (Photo: sggp.org.vn)
Addressing the press conference, Deputy Minister of Planningand Investment Tran Duy Dong said VIIE 2023 will be a venue to connect, exchange and expandopportunities for cooperation, research and investment.
🤪 The exhibition will also offer an opportunityfor businesses to demonstrate and spread the values of their innovativeproducts and services to potential investors and customers throughcommunication activities that can access to tens of millions of Vietnameseusers.
This is an important platform to promotecooperation and create unlimited investment and business opportunities in manytechnology fields of Vietnam, he noted./.
The Vietnam Innovation Challenge 2022 was launched on October 25, aiming to seek innovation solutions from around the world to help the country address major challenges and achieve prosperous and sustainable development.
The Vietnam - Singapore Industry 4.0 Innovation Centre recently made debut in the southern province of Binh Duong, aiming to not only support startups but also assist manufacturers to carry out reforms and raise labour productivity.
Bloom., Vietnam’s first-ever global innovation centre for the food and beverage (F&B) industry, opened on July 4 and is set to revolutionise the industry through its innovative and cost-efficient product creation model.
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.
The visit aimed to assess the new two-tier local government model, preparations for upcoming Party congresses at levels, and implementation of the Politburo’s Conclusion on school construction in border areas.
An overview of NIC's new establishment in Hoa Lac Hi-tech Park. (Photo: sggp.org.vn) 
Deputy Minister of Planning and Investment Tran Duy Dong chairs the press conference. (Photo: sggp.org.vn) 
