Vietnam's strategy regarding the development of science, technology and innovation should focus on the diffusion and adoption of new technologies in companies, not just research and invention, to bring about significant productivity and economic gains, said the Vietnam: Science, Technology and Innovation Report 2020 released by the Ministry of Science and Technology and the World Bank.
Egypt’s leading online newspaper Al-Ahram on August 31 ran a story by Kamal Gaballa highlighting socio-economic achievements that Vietnam has gained during the national development.
Prime Minister Nguyen Xuan Phuc on June 3 signed off on the national digital transformation programme until 2025 with a vision to 2030, which targets the digital economy contributing 20 percent of Vietnam’s GDP over the course of the next five years.
Forbes magazine in Israel recently ran article entitled “Why should we think more about Vietnam?” that highlighted the country’s political, economic, and diplomatic achievements and its successful fight against COVID-19.
Vietnam recorded a continuous increase in the number of newly established enterprises in the first 11 months, demonstrating the efficiency of improving the business investment environment.
Many foreign businesses have come to explore the investment opportunities in Vietnam recently with the intention of investing or expanding operation in the country, according to the Ministry of Industry and Trade.
Despite Vietnam’s rise in the global competitiveness index, further reforms are needed to achieve economic targets set by the Government, speakers said at a workshop in Ho Chi Minh City on October 24.
Renovating its growth model and improving productivity are among the key requirements to improve Vietnam’s economic competitiveness, heard a recent seminar in Ho Chi Minh City.
Vietnam received 58.1 points in the latest Global Competitiveness Report released by the World Economic Forum (WEF), a slight increase of 0.2 points from its 2017 score.
Thailand's global competitive rank this year has risen to 38 from 40 last year, according to the Global Competitiveness Index 4.0 by the World Economic Forum (WEF).
Finland shared experience with the southern province of Binh Duong in developing a smart city and innovation ecosystem during a workshop in the provincial capital of Thu Dau Mot on June 27.
Former Finnish Prime Minister Esko Aho delivered a presentation in Hanoi on September 18 about Finland’s experience in economic development based on innovation.