Deputy Prime Minister Vu Duc Dam has underlined the need to enhancecoordination and mobilise resources to promote innovative ideastargeting low-income earners.
Addressing a forum held by theMinistry of Planning and Investment (MPI) in Hanoi on November 26,Dam said it is essential to turn innovative ideas into practical actionsand useful products that benefit not only poor people but also thewhole community.
Renovation should be a significant nationaltask, with the involvement of the State, private enterprises and socialcommunity, he stressed.
Despite great achievements Vietnamhas made during more than 20 years of renewal, the country remains poorcompared to other ASEAN countries, he said, noting that it must workhard to build a national innovative system to catch up with regionalnations.
Statistics show that Vietnam’s annual per capitaincome in 2013 reached 2,960 USD, equivalent to 3.5 percent, 7.3 percentand 18.6 percent of the figures of Singapore, the Republic ofKorea, and Malaysia, respectively.
Last year, nearly 1.8million poor households and almost 1.4 million near-poor families wererecorded in the country, requiring greater efforts in eradicatinghunger, reducing poverty, and improving living standard for people.
Therefore,renovation and creation are needed to be fostered in order to bothbenefit low-income people and create an impetus for the country’seconomic growth and the realisation of sustainable poverty reductiontarget, Dam said.
He also called on sectors to join hands inbuilding innovative and creative initiatives to create many products andjobs, thus contributing to fulfilling the country’s poverty reductionand economic growth goals.
Meanwhile, WB Country Director inVietnam Victoria Kwakwa underscored the necessity to step up labourproductivity in connection with poverty reduction based on theenhancement of innovative and creative capacity.
According to MPIDeputy Minister Dang Huy Dong, Vietnam has deployed many projectsand programmes related to innovation such as the Vietnam InclusiveInnovation Project (VIIP), the Fostering Innovation through Research,Science and Technology (FIRST), the Vietnam Business Challenge Fund(VBCF), and the Vietnam-Finland Innovation Partnership Programme (IPP).These involved many international organisations and received domesticand foreign assistance.-VNA
Addressing a forum held by theMinistry of Planning and Investment (MPI) in Hanoi on November 26,Dam said it is essential to turn innovative ideas into practical actionsand useful products that benefit not only poor people but also thewhole community.
Renovation should be a significant nationaltask, with the involvement of the State, private enterprises and socialcommunity, he stressed.
Despite great achievements Vietnamhas made during more than 20 years of renewal, the country remains poorcompared to other ASEAN countries, he said, noting that it must workhard to build a national innovative system to catch up with regionalnations.
Statistics show that Vietnam’s annual per capitaincome in 2013 reached 2,960 USD, equivalent to 3.5 percent, 7.3 percentand 18.6 percent of the figures of Singapore, the Republic ofKorea, and Malaysia, respectively.
Last year, nearly 1.8million poor households and almost 1.4 million near-poor families wererecorded in the country, requiring greater efforts in eradicatinghunger, reducing poverty, and improving living standard for people.
Therefore,renovation and creation are needed to be fostered in order to bothbenefit low-income people and create an impetus for the country’seconomic growth and the realisation of sustainable poverty reductiontarget, Dam said.
He also called on sectors to join hands inbuilding innovative and creative initiatives to create many products andjobs, thus contributing to fulfilling the country’s poverty reductionand economic growth goals.
Meanwhile, WB Country Director inVietnam Victoria Kwakwa underscored the necessity to step up labourproductivity in connection with poverty reduction based on theenhancement of innovative and creative capacity.
According to MPIDeputy Minister Dang Huy Dong, Vietnam has deployed many projectsand programmes related to innovation such as the Vietnam InclusiveInnovation Project (VIIP), the Fostering Innovation through Research,Science and Technology (FIRST), the Vietnam Business Challenge Fund(VBCF), and the Vietnam-Finland Innovation Partnership Programme (IPP).These involved many international organisations and received domesticand foreign assistance.-VNA
