Illustrative image (Source: VNA)
Hanoi (VNA) – The final outcomes of the Knowledge Sharing Programme (KSP) launched by the Republic of Korea (RoK) in Vietnam were announced at a workshop in Hanoi on March 28.

The event was jointly organised by the Institute for Development Strategy under Vietnam’s Ministry of Planning and Investment, the RoK’s Ministry of Strategy and Finance, and the Korea Development Institute (KDI).

Vietnam was selected to implement the KSP programme to support the country’s socio-economic development in 2011-2020.

The programme was successfully implemented in 2009-2011 and 2012-2015, and is being carried out in the 2016-2017 period with the purpose of improving the internal efficiency.

The KSP covers three research topics: Lessons for Vietnam from RoK’s policy experience in forming and developing support industry; Criteria and models for privatization of public services in Vietnam; and Building an effective assessment system for Vietnamese public servants.

Research under the first topic showed that currently foreign investors in the north of Hanoi, including Hai Phong, are producing and assembling many electronic products. However, the rate of components sourced by domestic companies is very low due to the inappropriate development of the electronics industry. Solutions proposed included building national brands, expanding cooperation with foreign-invested companies, buying foreign technologies, easing conditions to access credit and developing the material industry.

Under the second research topic, the RoK side has put forth criteria and privatization models considered to be suitable for Vietnam, especially for such services as health care, tertiary education, and development research.

Regarding the third theme, the Vietnamese government has expressed interest in building an effective evaluation system for State officials and public servants. 

Like Vietnam, the RoK is facing some shortcomings in the field. The research, hence, provides several recommendations for Vietnam to develop its own system.

Launched in 2004, the KSP is a knowledge-intensive development and economic cooperation programme designed to share the RoK’s development experience with partner countries. It offers comprehensive policy consultations tailored to the needs of partner countries encompassing in-depth analysis, policy consultation, and training opportunities.-VNA