Humans and technology key to Vietnam’s new-stage development

New technology and skilled human resources were the decisive factors to drive Viet Nam’s long-term growth, especially in the face of Industry 4.0-induced changes.

Humans and technology key to Vietnam’s new-stage development
Prime Minister Nguyen Xuan Phuc (middle) makes speech at the conference “Science, Technology and Innovation - a pillar of Socio-Economic Development in Viet Nam” on Wednesday.

This message was delivered by Prime Minister Nguyen Xuan Phuc at a conference themed “Science, Technology and Innovation - a pillar of Socio-Economic Development in Viet Nam” held by the Ministry of Science and Technology (MoST) in Ha Noi on Wednesday.

The conference was co-organised by the Ministry of Foreign Affairs, the Australian Embassy in Viet Nam and the International Development Innovation Alliance (IDIA).

Natural resources are becoming scarce across the world and in Viet Nam. Experts have agreed that the resouce-intensive growth model is no longer applicable in this stage of development when Industry 4.0 has induced changes in all aspects of life and business.

Prime Minister Nguyen Xuan Phuc emphasised human creativity was an endless resource which was the most precious asset among all countries and businesses.

“The Vietnamese have innate qualities for creativity. I believe if there are enough good nutrients, we can cultivate excellent and devoted people who will contribute greatly to the prosperity of the country,” Phuc said.

However, the Prime Minister also pointed out that with science and technology development, innovation nourishment in Viet Nam was inadequate and limited.

In addition to insufficient awareness among localities and sectors about the role of science, technology and innovation, an incomplete legal framework and policy mechanism was holding back technological development and failing to inspire innovation, he said.

Just a few businesses had invested in innovation and research and development (R&D), while research conducted by universities was largely inapplicable and did not match business demands, Phuc said.

Viet Nam’s spending on science and technology development, including both the State and private sectors, was very modest, accounting for just 0.44 per cent of gross domestic product (GDP), much lower than the world’s average of 2.23 per cent.

The PM said: "If we do not make bold investments in science, technology and innovation, we would become stuck in a low-productivity, low added value and middle-income trap."

Speaking at the conference, Caitlin Wiesen, the UNDP's resident representative, said Viet Nam’s growth to date had been inclusive which would enable the country to seize the opportunity of transitioning to an inclusive Industrial Revolution 4.0.

 

As humans would become the centre of development, Wiesen suggested the Vietnamese Government should create new growth drivers that helped create new job streams for all people, as well as strengthen capabilities across the population to create and seize new job opportunities.

Ousmane Dione, the World Bank’s country director for Viet Nam, also said the population of internet users in Viet Nam was on par with most countries which had enabled it to develop a digital infrastructure.

However, he said Viet Nam needed to streamline research institutes, reducing quantity and raising quality.

At the conference, the PM asked the MoST to advise the Government on policies to encourage and promote innovation in the business sector, while requesting the statistics office to standardise data collection on technological and innovative activities in accordance with global standards and to establish a national data bank for science and technology and innovation.

He also emphasised the need to promote the role of universities and research institutes in training human resources to meet the demands of the economy and businesses.

Digital economy report

Also at the event, the MoST and Commonwealth Scientific and Industrial Research Organisation (CSIRO) launched Viet Nam’s Future Digital Economy Report which examines mega-trends affecting the development of the country’s digital economy until 2045, which include the impact of emerging digital technologies, new export markets for Viet Nam, the development of modern digital infrastructure, the push for smart cities, the rise of digital skills and services, and changing consumer behaviour.

“How the future plays out will depend on Viet Nam’s position in the regional digital economy, and the level of adaptation to digital products and services across the Government, community and industry,” Lucy Cameron, senior research consultant at CSIRO, said.

According to Cameron, digital transition would bring about 1.1 per cent of GDP growth each year for Viet Nam by 2045. She said Viet Nam’s growth was fast and inclusive which was suitable for digital transition.

“The next wave of digital technologies - Artificial Intelligence, blockchain, the Internet of Things, and platforms and cloud-based services - have the potential to transform Viet Nam into Asia’s next high-performing economy. Viet Nam will need to seize these substantial opportunities while carefully navigating a number of risks,” she said.

The report is part of the Australian Government’s Aus4Innovation programme, an AU$10 million strategic initiative designed to strengthen links between the Australian and Vietnamese innovation systems. — VNS

 
 

Other News

.
Digiworld to distribute Apple products in Vietnam
Digiworld to distribute Apple products in Vietnam
SCI-TECH & ENVIRONMENTicon  25/06/2020 

Digiworld Corporation will start selling Apple products from the end of this month, confirmed Doan Hong Viet, the company’s chairman and general director.

Nghe An police uncover wildlife trafficking ring from Lao to Vietnam
Nghe An police uncover wildlife trafficking ring from Lao to Vietnam
SCI-TECH & ENVIRONMENTicon  25/06/2020 

Police in the central province of Nghe An on Tuesday seized a man carrying dozens of animals which were allegedly smuggled from Laos to Vietnam for consumption in Chau Binh Commune, in the province’s Quy Chau District.

Wetland nature reserve founded in Thai Binh
Wetland nature reserve founded in Thai Binh
SCI-TECH & ENVIRONMENTicon  25/06/2020 

A wetland nature reserve was recently established in Thai Thuy district in northern Thai Binh province.

Minister calls for forest protection and management efforts
Minister calls for forest protection and management efforts
SCI-TECH & ENVIRONMENTicon  25/06/2020 

Central Highlands localities need to raise the responsibility among forest owners and management to improve protection and development of the areas.

Apple makes concessions to App Store developers
Apple makes concessions to App Store developers
SCI-TECH & ENVIRONMENTicon  24/06/2020 

The tech giant will approve bug fixes to disputed apps and let developers appeal against its rulings.

Japanese supercomputer, crowned world's fastest, is fighting coronavirus
Japanese supercomputer, crowned world's fastest, is fighting coronavirus
SCI-TECH & ENVIRONMENTicon  24/06/2020 

The newly crowned Fugaku system is analysing droplet spread in offices and public transport.

Ex-Googler becomes China’s second-richest person
Ex-Googler becomes China’s second-richest person
SCI-TECH & ENVIRONMENTicon  24/06/2020 

Colin Huang prospered after leaving US company, thanks to his e-commerce business, Pinduoduo.

Vietnam attends ‘2020 Collision from Home’ tech conference
Vietnam attends ‘2020 Collision from Home’ tech conference
SCI-TECH & ENVIRONMENTicon  24/06/2020 

The 2020 Collision from Home, dubbed as the “Olympics of Tech” by the US’s Politico newswire, is live from June 23-25, attracting over 32,000 from more than 140 countries and territories.

Data stealing spyware rears head in Vietnam
Data stealing spyware rears head in Vietnam
SCI-TECH & ENVIRONMENTicon  24/06/2020 

VN84App, a spyware capable of penetrating smartphones and stealing personal user data, has emerged in Vietnam.

Water quality in Vietnam's rivers varies by region
Water quality in Vietnam's rivers varies by region
SCI-TECH & ENVIRONMENTicon  26/06/2020 

The water quality in the upper courses of the major river systems is good, but in urban areas or areas with many sources of waste, more polluted water exists.

Mekong Delta adapts to saline intrusion
Mekong Delta adapts to saline intrusion
SCI-TECH & ENVIRONMENTicon  24/06/2020 

Nguyen Hoang Hiep, Deputy Minister of Agriculture and Rural Development, talks to the Government's website chinhphu.vn on the need to develop plans to reduce the negative impacts of drought, salinity and land subsidence in the Mekong Delta.

Quang Ninh thermal power plant accused of causing air pollution
Quang Ninh thermal power plant accused of causing air pollution
SCI-TECH & ENVIRONMENTicon  23/06/2020 

Quang Ninh Province People's Committee was asked to investigate the case where many households accuse a local thermal plant of causing air pollution.

Quang Nam Beach covered in rubbish
Quang Nam Beach covered in rubbish
SCI-TECH & ENVIRONMENTicon  23/06/2020 

Over 1km of beach in Tam Hai Island, Quang Nam Province, is completely covered in rubbish swept in by the tides.

HCM City targets 1,000 MWp of rooftop solar power at industrial zones by 2024
HCM City targets 1,000 MWp of rooftop solar power at industrial zones by 2024
SCI-TECH & ENVIRONMENTicon  23/06/2020 

HCM City aims to have 1,000 MWp of rooftop solar power capacity installed by 2024 in its industrial parks, export processing zones and high-tech parks, up from 700MWp now.

Vietnam effectively curbs impacts of drought, saline intrusion in Mekong Delta
Vietnam effectively curbs impacts of drought, saline intrusion in Mekong Delta
SCI-TECH & ENVIRONMENTicon  23/06/2020 

Mekong Delta provinces have experienced the most severe drought and saline intrusion ever in the dry season 2019-2020 but the negative impacts on agriculture production and daily life were minimised significantly thanks to effective measures,

Tracing waste a new approach for communities
Tracing waste a new approach for communities
SCI-TECH & ENVIRONMENTicon  24/06/2020 

Once a bag of garbage is thrown away, what actually happens to it is a mystery to many. 

Startup uses high tech to popularize hat boi
Startup uses high tech to popularize hat boi
SCI-TECH & ENVIRONMENTicon  24/06/2020 

Renewing hat boi (classical Vietnamese drama) with technology has increased interest in the art among young people as well as tourists.

Vietnam’s network sharing deal a boon for future telco collaborations: Fitch Solutions
Vietnam’s network sharing deal a boon for future telco collaborations: Fitch Solutions
SCI-TECH & ENVIRONMENTicon  22/06/2020 

Vietnam’s four State-owned mobile operators – Viettel, VNPT-Vinaphone, GMobile and MobiFone – have just agreed to share some 1,200 base transceiver stations (BTS), 

Users urged to be careful when using Facebook ‘gender swap’
Users urged to be careful when using Facebook ‘gender swap’
SCI-TECH & ENVIRONMENTicon  22/06/2020 

FaceApp’s "gender swap" filter has generated the hashtag "#faceappchallenge" and received hundreds of thousands of shares on Facebook and Instagram, raising concerns about security and the risk of sharing this information.

Central Highlands targets 49.2 percent in forest coverage in 2030
Central Highlands targets 49.2 percent in forest coverage in 2030
SCI-TECH & ENVIRONMENTicon  22/06/2020 

The Central Highlands region aims to raise its forest coverage to 49.2 percent, and forest area to 2.72 million hectares by 2030.

 
 
 
Leave your comment on an article

OR QUICK LOGIN