The transaction platform of information technology and equipment at Techmartvietnam.vn

Vu Anh Tuan, Deputy Director of the National Department of Science and Technology Information (Ministry of Science and Technology), said this exchange is an intermediary organization to connect technology supply and demand parties, commercialize research results, and support organizations and individuals to exhibit and promote transactions of science and technology products and goods, contributing to the development of the science and technology market of Vietnam.

On November 25 to 27, the exchange will introduce databases of hundreds of technologies for sale on Techmartvietnam.vn; and the national database system on science and technology with hundreds of thousands of records on domestic and international scientific publications of Vietnamese authors, thousands of reports on the performance of science and technology tasks funded by the state budget, millions of scientific research results in the world through international sci-tech databases. This will create a knowledge base for research, technology transfer, innovation and business activities.

After three days of displaying sci-tech products and goods, the technology exchange will operate regularly to introduce sci-tech products and goods and organize demonstrations, connections, and technology transfer and activities to promote Vietnamese sci-tech goods in domestic and international markets.

The transaction value in Vietnam’s science-technology market posted average annual growth of 22 percent during the 2011-2020 period.

Vietnam currently has over 800 market intermediaries and the number of transaction platforms rose from eight prior to 2015 to 20 in 2020.

Along with traditional intermediaries, new-style organisations have developed strongly, with 69 business incubators and 28 business promotion programmes.

In the 2020 Global Innovation Index (GII), Vietnam ranked 42nd among 131 economies. Among those making the most significant progress in their GII innovation ranking over time, Vietnam led 29 lower middle-income countries and was third in Southeast Asia. Last year, it moved up 13 places from the previous year to 59th in the rankings of 100 economies with the best start-up ecosystems.

Van Anh

Vietnam advised to rebalance its sci-tech development policy

The recommendation was made by domestic and foreign experts in the recently published "Vietnam Science, Technology and Innovation" report.