President Nguyen Xuan Phuc beats drum to launch new academic year at the Vietnam National University Ho Chi Minh City (Photo: VNA) Highlighting the importance ofinnovation to build and develop the country, the President said thatuniversities and institutes should continue serving as pioneers in this field.
He noted that Vietnam islagging behind in terms of technological readiness, innovation and labourproductivity compared to other Asian countries, while both the public andprivate sectors have not prioritised spending on science and technology in aneffective manner.
A lack of policies tostimulate creativity among scientists and experts has led to the failure tocreate a driving force for the development and application of science andtechnology, the State leader noted.
The President also expressed his hopethat students will actively grasp and master technologies amid the fourth industrial revolution.
With a total area of 643.7hectares, VNUHCM is one of the largest educational institutions in Vietnamwith 38 units, including seven member universities. Each year, it trains more than80,000 undergraduate students, more than 7,000 graduate students, and over1,000 PhD students./.