More specific policies needed to push up science, technology development: Deputy PM
Deputy Prime Minister Tran Luu Quang on December 28 asked the Ministry of Science and Technology (MOST) to perfect institutions and legal policies, creating corridors for the development of science and technology.
The Ministry of Science and Technology needs to have specific policies to develop this field on contents such as valuation of assets formed after implementing scientific research results, policies for scientists, and self-reliance and financial mechanisms. (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Tran Luu Quang on December 28 askedthe Ministry of Science and Technology (MOST) to perfect institutions and legalpolicies, creating corridors for the development of science and technology.
TheDeputy PM made the request while addressing a conference reviewing the ministry’sperformance in 2023 and launch tasks for 2024.
TheMoST needs to have specific policies to develop this field on contents such as valuationof assets formed after implementing scientific research results, policies forscientists, and self-reliance and financial mechanisms, he said.
Itis necessary for the ministry to further promote research and application ofscientific and technological advances in the direction of encouraging scientists with the allocationof sufficient capital for scientific research, he said.
♈ The Deputy PM underlined theneed for good collaboration between relevant ministries and agencies and strengtheningconnections to learn from international experiences, thereby arousing thespirit of solidarity to overcome difficulties and challenges.
Helauded the ministry’s performance in 2023, saying that in the context of commondifficulties in the region and the world, Vietnam has still steadfastly overcome the hardships and achieved encouraging results. Quang attributed the achievements to thesignificant contributions from the science and technology industry, scientists,and those working in the sector.
An overview of the conference. (Photo: VNA)
Accordingto a report presented at the conference, Vietnam's Global Innovation Index(GII) has continuously improved over the past 13 years, showing its effectivenessin converting input resources into innovative results.
Vietnamranks 46th among 132 economies featured in the Global Innovation Index 2023rankings, up two positions from last year. The country ranks second among 36 economies in the lower middle-income group, and is one of the sevenmiddle-income countries with the most progress in innovation in the past decade.
♍ TheMOST has developed a Provincial Innovation Index (PII) and officially deployedit nationwide from 2023. This is a tool to measure the innovation capacity andresults of each locality across the country, contributing to improving thenational innovation index.
Inthe field of high technology, the MOST has coordinated with other ministriesand agencies to resolve important issues relating to accessing semiconductor chipmanufacturing technology. The proportion of export value of high-tech productsreached nearly 50% of the total value of exported goods. The ministry has also effectivelydeployed scientific and technological tasks on developing key technologies of the fourth Industry Revolution that Vietnam has advantages such as artificial intelligence,big data analysis, Internet of things, 3D printing and virtual realitytechnology.
Thenational creative startup ecosystem has grown in both scale and forms of operation.It is considered one of the most dynamic ecosystems in Asia and ranked 58th inthe world. The capital city of Hanoi was among the top 200 global creativestartup cities for the first time.
🍰 Investmentin Vietnamese startups and innovation has maintained a good level ofdevelopment compared to other countries in the Association of Southeast AsianNations (ASEAN) with 56 projects and total investment capital of nearly 500million USD in the first six months of 2023./.
Vietnam is currently a major producer of agricultural products, an achievement greatly attributable to science and technology, according to the Ministry of Agriculture and Rural Development (MARD).
The Ministry of Education and Training (MoET) and educational institutions are working to promote the training of human resources for the semiconductor industry, which now has great demand for high-quality manpower.
In Vietnam, the semiconductor industry is believed to hold huge potential for making breakthroughs to help with fast and sustainable economic development, but the shortage of manpower is posing a huge challenge.
The number of digital technology companies in Vietnam has increased by 30% while the industry’s revenue has risen by 32% since 2019, Minister of Information and Communications Nguyen Manh Hung said on December 11.
The Vietnam Science and Technology Journalists’ Club has announced a list of 10 outstanding science and technology events of Vietnam in 2023, which covers various aspects such as policy and mechanisms, social sciences, natural sciences, applied sciences, the honouring of scientists, and international integration.
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.
Under the theme “Breakthrough Era with the Development of Industrial Internet”, the event gathered over 400 delegates, including senior officials, leading Internet experts, and technology engineers from Vietnam and abroad.
The Ministry of Science and Technology needs to have specific policies to develop this field on contents such as valuation of assets formed after implementing scientific research results, policies for scientists, and self-reliance and financial mechanisms. (Photo: VNA) 
An overview of the conference. (Photo: VNA) 
