The transaction value in Vietnam’s science-technology market posted average annual growth of 22 percent during the 2011-2020 period, a recent conference reviewing the 10-year development of the market heard.
Vietnam has been striving to improve its legal framework and policies on science and technology in order to boost productivity and economic competitiveness and make innovation a driver of growth.
Minister of Science and Technology Huynh Thanh Dat and Minister of Information and Communications Nguyen Manh Hung, both of them members of the Party Central Committee, on January 8 called for greater investment in science-technology to push national digital transformation, e-Government, and the digital economy forward.
Vietnam ranked 42nd among 131 economies for the second consecutive year in the 2020 Global Innovation Index (GII), the World Intellectual Property Organisation (WIPO) has announced.