Sci-Tech

Vietnam seeks to promote technology commercialisation

Vietnam should further foster the application of science and technology in its production and business activities to boost its development in the future, an official has said.
Vietnam should further foster the application of science and technologyin its production and business activities to boost its development inthe future, an official has said.

Deputy Minister of Scienceand Technology Tran Van Tung made the comment during a conference inHanoi on March 22, which discussed the role of venture investment inVietnam’s technology commercialisation.

By 2015, Vietnam expects to have 3,000 businesses applying research-based models in science and technology.

Theministry aims to promote technology commercialisation towards theSilicon Valley Model , which is a venture investment fund forassisting newly-started and sci-tech enterprises in developing theirideas and sample products into commercial products.

Speaking atthe event, Bora, a venture investor from the Silicon Valley networksaid the investment trend helps enterprises not only make profits,but also realise their dream and passion.-VNA
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