 |
| At a workshop on camera production at Sunny Opotech Vietnam Co., Ltd. in Yen Binh Industrial Park, Thai Nguyen province__Photo: VNA |
The Ministry of Science and Technology (MOST) has recently provided a guiding framework to orient the development of science and technology, innovation, and digital transformation in support of the national economic growth.
The framework is expected to serve as an effective tool to help localities concretize major orientations, identify priorities, and effectively organize the performance of tasks to promote the development of science and technology, innovation, and digital transformation, aligned with the goals of sustainable economic growth.
According to MOST, the framework is consistent with the undertaking set forth in Politburo Resolution 57-NQ/TW dated December 22, 2024, to create breakthroughs in the country’s science, technology, innovation and digital transformation, and compliant with the 2025 Law on Science and Technology. It also reflects the institutional transformation brought about by the two-tier local administration model, effective as of July 1, which gives localities more powers in the policy formulation and implementation.
The framework sets clear benchmarks of success through 2030. Specifically, the total contribution of science, technology, innovation and digital transformation to the gross regional domestic product (GRDP) is expected to reach 5-7 percent, with science and technology accounting for 1-1.5 percent, innovation, 3-3.5 percent, and digital transformation, 1-2 percent.
Each year, there will be 30 or more new or improved products, services or models generated through science, technology, innovation and digital transformation initiatives, and a minimum of 100 enterprises will be able to engage in technological innovation, including at least five innovative startups.
All dossiers of request for completion of public administrative procedures will be fully processed online, with at least 80 percent completed within this year.
Furthermore, every locality will be required to establish a well-functioning innovation ecosystem that consists of intermediary organizations, creative spaces, digital platforms or smart operation centers. Besides, a system of indicators will be developed to measure and evaluate impacts of science, technology, innovation and digital transformation. These indicators will be incorporated in the national information system, updated regularly, and used as a basis for governance, investment assessment, and socio-economic policy planning at the local level.
In addition to tangible targets, the framework proposes breakthrough solutions, including treating enterprises as central drivers, with their economic efficiency as the key benchmark, providing support for the application and commercialization activities instead of research support, prioritizing tasks performed under orders placed by enterprises with market-oriented outputs free from administrative processes.
Financial mechanisms will also be reformed toward considering the state budget as the development investment funding source to be allocated based on outputs. The public-private partnership will be strongly promoted along with the mobilization of social resources and the founding of venture capital funds to support the realization of promising initiatives.
A comprehensive innovation ecosystem will be built by integrating the development of science and technology into local strategies and master plans, developing intermediary organizations such as incubators and application centers, improving the quality of measurement and testing infrastructure facilities, and consolidating regional linkages in order to create spillover effects.
The framework also emphasizes data-driven governance, with the entire task management process to be digitized and supported by integrated databases, digital technology maps, and smart operation centers for transparent, real-time monitoring and evaluation.
At the same time, localities are encouraged to proactively pilot new mechanisms such as regulatory sandboxes, fostering innovative business models under the spirit of “daring to experiment and daring to take risks.”- (VLLF)
