Impressive growth According to Deputy Minister of Planning and Investment Tran Duy Dong, in recent years, Vietnam has adopted many mechanisms and policies for innovation, as reflected in the Global Innovation Index (GII), on which Vietnam jumped from 52 nd place (out of 141 countries) in 2015 to 44 th (out of 132) in 2021. It also tops the group of 29 countries with the same income level. The Vietnam Innovation and Technology Investment Report 2021 was jointly released by Vietnam National Innovation Center (NIC) under the Ministry of Planning and Investment (MoPI) and the venture capital firm Do Ventures, providing an overview of investment in innovation and startups. It reported that 2021 was a record year for venture investment in Vietnam with total investment of US$1.4 billion, compared to the previous record of US$874 million in 2019. Last year also saw the appearance of two new technology “unicorns” - Momo and Sky Mavis. NIC reported that the total number of … [Read more...] about Capital investment in Vietnam’s innovation almost doubles
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Vietnam seeks to contribute to peace and stability in Asia
Amid growing challenges of global food security, Vietnam would further enhance the exports of food and agricultural products. Vietnam seeks to contribute to peace and stability in Asia and the world and remains steadfast in pursuing an independent foreign policy based on multilateralism and active integration into the global community. Deputy Prime Minister Pham Binh Minh at the event. Source: VNA “The Vietnamese Government considers the people at the center and engine for growth, and is committed to ensuring social justice and advancement, along with a healthy cultural and social environment.” Deputy Prime Minister Pham Binh Minh gave the remarks at the 27 th International Conference on the future of Asia held in Tokyo on May 26. This year’s event, themed “Redefining Asia’s role in a divided world,” focuses on discussing the regional and global situation, for which leaders from countries such as Japan, Vietnam, Laos, Thailand, Singapore, and Cambodia … [Read more...] about Vietnam seeks to contribute to peace and stability in Asia
Industrial revolution 4.0: Human resources are key
Vietnam ICT Summit 2017 is the platform for administrative agencies and IT enterprise community to discuss solutions and strategies with the objective of taking Vietnam to join the industrial revolution 4.0. On September 6, the first theme in the Vietnam ICT Summit 2017 of “Vietnam: Digital Transformation in Industry 4.0” has been discussed. In particular, the Deputy Prime Minister Vu Duc Dam has given the opening speech at the summit. As such, the Deputy Prime Minister stressed, industrial revolution is more and more influencing various aspects of socio-economic in the world, as well as in Vietnam. This is not only an opportunity for Vietnam to transform, but also poses a potential threat to the country. The Deputy Prime Minister Vu Duc Dam gave a speech at the summit. According to the Deputy Prime Minister, in 2017, the global innovation index (GII) of Vietnam has increased 12 places to the 47th rank, thanks to the significant contribution from IT … [Read more...] about Industrial revolution 4.0: Human resources are key
Việt Nam calls for Asia to create peaceful, sustainable environment for world prosperity
Deputy Prime Minister Phạm Bình Minh delivers a speech at the 27th International Conference on the Future of Asia in Tokyo on Thursday. — VNA/VNS Photo Đào Thanh Tùng TOKYO — Deputy Prime Minister Phạm Bình Minh proposed that Asia strengthen its responsibility in keeping and creating a peaceful and sustainable environment for development and prosperity in the region and the world. This should be based on cooperation, understanding, trust, and responsibility, he said, while delivering a speech at the 27th International Conference on the Future of Asia (FOA 2022) in Tokyo on Thursday. He said, entering the third decade of the 21st century, the Asian region is witnessing profound historical changes, with both opportunities and challenges that have long-term impacts on future generations. As the region and the world are focusing resources to handle urgent unprecedented issues, first and foremost, countries need to make responsible contributions, show mutual respect, and equally … [Read more...] about Việt Nam calls for Asia to create peaceful, sustainable environment for world prosperity
Two new Viettel inventions granted exclusive protection certificate in the US
The number of Viettel's inventions has been on the rise, covering both military and civil fields. — Photo courtesy of Viettel Viettel Aerospace Institute (VTX), a member of Viettel Group, was officially granted an exclusive protection certificate by the US Patent and Trademark Office (USPTO) for two works in the field of optoelectronics and materials industry. 'Spherical mirror optics for medium-wave thermal imaging equipment' was invented in 2017, solving the problem of self-study, designing and manufacturing camera cores, and minimising the dependence on imports from abroad. Meanwhile, the invention of a 'method for making high-temperature synthetic materials' helps produce materials that can meet the harsh working conditions in the military field. The number of Viettel's inventions has been on the rise, covering both military and civil fields, affirming its position as a technological pioneer. Viettel has been granted 56 patents in Viet Nam and 11 patents in the US by … [Read more...] about Two new Viettel inventions granted exclusive protection certificate in the US
Seminar promotes German business, investment in Vietnam
Vietnamese Ambassador to Germany Vu Quang Minh (front row) at Schaeffler headquarters where the seminar takes place (Photo: VNA) Berlin (VNA) – The German Asia-Pacific Business Association (OAV) has held a seminar on business and investment in Vietnam, attracting the participation of many German firms. Addressing the May 25 event in Bayern state, Ambassador Vu Quang Minh introduced the countries’ cooperation and its growth potential. According to the diplomat, Vietnam and Germany have all necessary collaboration frameworks, including the EU-Vietnam Free Trade Agreement which took effect in August 2021. Meanwhile, Vietnam is among the countries with the most favourable FDI laws in the region and the world, and also one of the fastest recovering economies from the COVID-19 pandemic. The Vietnamese and German economies are perfectly complementary to each other, Minh said, calling upon German investors in Vietnam to spread their knowledge and experience on the market to the … [Read more...] about Seminar promotes German business, investment in Vietnam