VietNamNet Bridge - The State budget every year funnels big money into national scientific research projects, but discoveries by scientists seem to have little significance in the eyes of businesses.

 VietNamNet Bridge – In 2015 HCM City continued to lead Viet Nam in attracting foreign directed investment with inflows of US$4.5 billion. FDI projects have improved the city's socio-economic infrastructure and created a new facade for it.

Chinese investors have shown greater interest in Vietnam as an investment destination, especially after Vietnam concluded negotiations for the Trans Pacific Partnership Agreement and signed a series of free trade agreements (FTAs).

Vietnam gives big incentives for FDI enterprises with the expectation that they will perform technology transfer in the country, but the fact is that only 20% of foreign firms were engaged in technology transfer in the past 5 years.

The Ministry of Science and Technology (MST), the watchdog agency in the field, cannot give the exact figure about the number of technologies transferred since the technology transfer law took effect in 2007.

VietNamNet Bridge – The majority of scientific research in mechanical engineering deals with simulation and theory, and very few projects are associated with experiments and technologies.

 The Government has approved the Decree 120/2014/ND-CP which expands the list of technologies banned from transfer from abroad into Viet Nam.

 VietNamNet Bridge – Technology transferred through foreign direct investment has not occurred in Vietnam, economists have said.

 VietNamNet Bridge – All of Vietnam’s 16 economic sectors will need around 7.6 billion USD of investment in environmentally friendly technology,

 VietNamNet Bridge - Next year, South Korea will transfer 167 different kinds of technologies to Vietnamese enterprises in four main industrial sectors.

 VietNamNet Bridge – Although Vietnam has attracted large amounts of foreign direct investment (FDI) for more than 20 years, it has yet to master managerial skills and optimally absorb technology transfer from FDI projects.

The Russian Ambassador to Vietnam confirms that nuclear energy is one of the important areas of cooperation with Vietnam, and Russia will transfer advanced technology for the nuclear power plant 1 in Ninh Thuan, which is about to be launched.

 VietNamNet Bridge – While foreign investment is a good indicator of technology transfer in Viet Nam, such transfers do not necessarily improve performance,