return icon

VN scientists say it is difficult to commercialize inventions

Many products have an average life expectancy of 10-15 years. If they cannot be commercialized, they will be 'put in mothballs' , said Nguyen Tan Dung, Chemical Technology and Food Dean of the HCM City University of Technology and Education.

Dung said many patented products cannot reach the market, even though businesses are thirsty for technological solutions to improve productivity.




Dr Tran Doan Son


In 2019, Vietnam for the first time saw the number of applications for patents exceeding 1,100, an increase of 42 percent compared with the same period of the year before.

Analysts say that the figures show the significant improvement of the commercialization of inventions at universities in Vietnam.

Associate Prof Dr Tran Doan Son from the Mechanical Engineering Faculty of the HCM City University of Science and Technology, owns nine patents.

His first product - equipment and process of steaming cashew nuts by saturated steam - was implemented in 2002. The invention avoids cashew nut loss during the production and improves productivity.

Many products have an average life expectancy of 10-15 years. If they cannot be commercialized, they will be 'put in mothballs'.

More than 95 percent of plants in Vietnam are currently using the technology. The invention brought him the first patent one year later.

In 2005, he invented equipment that makes fresh rice noodles to replace the manual production method. The equipment increases productivity while ensuring high quality and food hygiene.

In 2007, the first machine which integrates all the links of the rice noodle production process was officially introduced.

Most recently, equipment for making rice vermicelli invented by Son won a second prize at the 2020 HCM City Invention Award. The technology has been transferred to nine enterprises.

Son said there are now more favorable conditions for scientists and students to research and develop products. However, it is still difficult to commercialize inventions.

One of the reasons is that universities now focus on training, but they don’t cooperate with businesses to commercialize their research works and inventions. As a result, many patented works are 'put in mothballs' or just used in teaching.

Dung said that many researchers give up the research halfway because they don’t have enough money and patience to continue the research and bring their products into life.

In many cases, scientists and businesses cannot reach agreement about prices.

“Researchers refuse to sell their inventions because they think they can sell later for better prices. However, products will become outdated after 10-15 years,” Dung said.

Vietnam’s enterprises are mostly small (90 percent of them have capital of less than VND10 billion) and do not pay appropriate attention to technology renovation.

Thanh Lich


Young researcher shares his passion for AI

Young researcher shares his passion for AI

When he was a student at university, Hoang Trung Hieu had eight scientific journals presented at international conferences.

Three Vietnamese research works accepted at International Conference on Machine Learning

Three Vietnamese research works accepted at International Conference on Machine Learning

The VinAI Research Institute, a member of the Vingroup Group, has had three research works accepted at the International Conference on Machine Learning (ICML) 2020, the Nhan Dan newspaper reported.  


Experts warn Vietnamese banks of risks following US banks’ collapse

If bond issuers fall into insolvency, the price of bonds could fall to zero, creating a high risk for banks.

Hanoi to resume tourism services on West Lake

Hanoi may resume 12 tourism services on the West Lake including boat transportation, after six years of suspension.

Car imports from Thailand still hold largest market share in Vietnam

Thailand once again led the market in terms of value and the number of CBU (complete built unit) cars imported to Vietnam in February 2023.

Deputy PM holds bilateral meetings on sidelines of UN 2023 Water Conference

Deputy Prime Minister Tran Hong Ha had bilateral meetings with many foreign leaders on the sidelines of the UN 2023 Water Conference, which is taking place in New York from March 22-24.

Vietnam temporarily suspends import, circulation of 15 types of medicines

The Drug Administration of Vietnam (DAV) under the Ministry of Health (MoH) has just issued an official dispatch on suspending the import, distribution, circulation and use of 15 types of medicines produced by Arena Group S.A. of Romania.

EVN urged to negotiate with renewable energy investors to fix electricity price

The Ministry of Industry and Trade has urged the Electricity of Vietnam (EVN) and investors of transitional solar and wind plants to negotiate and agree to fix electricity prices before March 31.

Two arrested in 11kg drug transport from France to HCM City case

The Ho Chi Minh City Department of Public Security has just arrested two people involved in the case of transporting over 11 kilograms of narcotics and ecstasy from France to Tan Son Nhat International Airport, Vietnam.


Renowned Vietnamese artists collaborate on unique porcelain artworks


Dragon fruit export turnover reaches 47 million USD

Boxer beats Spainish rival to advance to World Championship’s semifinals

Vietnamese boxer Nguyen Thi Tam trounced Spanish rival Laura Fuertes 5-0 in the women's light flyweight category to advance to the semifinals of the IBA Women’s World Boxing Championships in New Delhi.

Ministry of Health warns of possible outbreaks of dangerous diseases

In its yesterday’s official dispatch to people's committees of provinces and cities on organizing the implementation of the 2023 epidemic prevention plan, the Ministry of Health warned of possible outbreaks of dangerous diseases.

Another enterprise issues bonds, real estate bonds increase in value

A real estate firm has successfully raised funds by issuing VND4.7 trillion worth of corporate bonds. Just days before, another real estate firm also successfully issued VND2.3 trillion worth of bonds.

Stock market violations to face stricter sanctions

The State Securities Commission (SSC) will review the Law on Securities and related decrees to complete the legal framework, and strengthen sanctions for violations to protect the legitimate rights and interests of investors.

Association calls for pilot implementation of battery-powered taxis

The Hanoi Taxi Association is urging for the pilot implementation of battery-powered cabs to reduce environmental impact and stay abreast of global trends.

Vietnam strives to eliminate malaria once and for all

The Ministry of Health has announced plans to review, amend, and supplement professional guidelines to ensure nationwide implementation and assess the National Strategy for Malaria Prevention, Control, and Elimination by 2020.