Vingroup to support science and technology projects

The Vingroup Innovation Foundation (VINIF) has announced 124 billion VND (5.32 million USD) in investment for 20 science and technology projects.
Vingroup to support science and technology projects
Vingroup to support science and technology projects ảnh 1Representatives of the Vingroup Innovation Foundation and projects leaders at the sponsor signing ceremony. (Photo courtesy of Vingroup)

Hanoi (VNS/VNA) -
The Vingroup Innovation Foundation (VINIF) hasannounced 124 billion VND (5.32 million USD) in investment for 20 science andtechnology projects.

After sixmonths of announcing funding for science and technology oriented projects,VINIF has selected the top 20 projects from nearly 200 registration documents.

These areexcellent and ground-breaking projects, bringing practical benefits inimportant areas such as big data, biomedical science, genetics, materialsscience, smart traffic, IoT, image recognition and natural language processing.

Total fundingfor 20 projects is 124 billion VND, of which the highest level is 10 billionVND for one project. The funding is used to pay the salaries of projectmembers, local and international experts; purchase of raw materials, materialsand tools; purchase of equipment for research, international publications andpatent registration.

VINIFalso supports other projects by providing consultants, providing largedatabases and intellectual property from Vingroup.

Inparticular, in order to facilitate the output of research projects, VINIF willsupport the introduction and application of research products, services andsolutions into practice; help register and protect patents for inventions andutility solutions; seek investment once the project is finished to continue toimprove and develop products.

In August2019, projects will begin to receive funding for implementation, with the goalof achieving at least one of the following four requirements: there arearticles published in international journals or research organisationsprestigious rating Q1 or equivalent; products, services, solutions bringpractical benefits to the community; accepting an application for intellectualproperty registration; masters training and doctoral training support.

With theaim of encouraging the development of science and technology for Vietnam andthe principle of non-profit operation, assets procured and formed from projectssuch as products, solutions, services, intellectual property rights and otherproject results belong to the project manager, research team or hostorganisation.

This isVingroup's annual support programme, with flexible financial mechanisms,minimal administrative procedures and powerful resources to bring the bestworking conditions to scientists; at the same time, promoting research intopractical applications.

“We wishto contribute to supporting Vietnamese scientists to successfully implementexcellent and influential projects, with application orientation and modernapproaches and technologies,” VINIF director Vu Ha Van said.-VNS/VNA
VNA

See more

Deputy Minister of Information and Communications Bui Hoang Phuong speaks at the Southeast Asia Business Forum, organised by the French Ministry of Foreign Trade on February 12. (Photo: VNA)

Vietnam reaffirms commitment to AI development cooperation

Vietnam's participation in the AI Action Summit underscored its strong commitment to integrating AI into economic and social development, and also provided the country with opportunities to explore partnerships with international partners.

PM Pham Minh Chinh speaks at the conference. (Photo: VNA)

PM requests facilitating technology transfer to foster development

PM Pham Minh Chinh said sci-tech, innovation, digital transformation, and workforce quality improvement are objective requirements, strategic choices, and top priorities, adding that they must be centred around the people and businesses, making them the core drivers of the process.

Ambassador Dang Hoang Giang (L) and UN Under-Secretary-General Amandeep Singh Gill (Photo: VOV)

UN Under-Secretary-General lauds Vietnam as key partner in AI

Under-Secretary-General of the United Nations (UN) and UN Secretary-General's Envoy on Technology Amandeep Singh Gill has called Vietnam a model of technological progress and a potential linchpin for global cooperation in advancing AI capabilities.

Visitors visit a booth introducing technology products. - Illustrative image (Photo: VNA)

OV intellectuals offer solutions for national sci-tech development

Vietnam is among the top 10 countries in terms of blockchain adoption, interest, understanding, and discussion. The application and development of blockchain technology play a crucial role in building advanced digital infrastructure, ensuring data security and reliability, and laying a foundation for developing the digital technology industry.

There should be a concerted effort to protect children in the cyber space. (Photo: VNA)

More tools released to protect children online

The Ministry of Information and Communications has issued the Code of Conduct on Child Protection in the Internet Environment, aiming to establish standards of language and behaviour for users and promote a safe, healthy, and civilised cyber environment.

Deputy Prime Minister Nguyen Hoa Binh and other officials join the opening ceremony of Da Nang Software Park 2. (Photo: VNA)

Da Nang opens Software Park 2

The central city of Da Nang officially opened its newly-built Software Park No 2, which will provide working space for 6,000 IT engineers and investors in semiconductor industries and micro chip design.