Vietnam's technology offensive: paving the way for growth until 2045!

Vietnam's technology offensive: paving the way for growth until 2045!

Vietnam has ambitious plans for its economic future by establishing a new growth model for the period from 2026 to 2030 and a long-term vision until 2045. Loud Vietnam.vn Strategic technology developments are crucial for this transition in order to increase the country's efficiency and innovative strength. Experts emphasize the need to improve Vietnam's position within the global value chain.

To achieve these ambitious goals, experts identify several necessary measures. This includes identifying priority technology areas, improving institutional framework conditions, promoting targeted investments and creating a favorable environment for innovative companies. Important supporting factors include expanding technological infrastructure, increasing research capacity and improving financing mechanisms.

Strategic technology fields and support

Dr. Le Xuan Sang highlights that strategic technologies help overcome traditional growth engines and refocus the economy on breakthrough areas such as artificial intelligence, biotechnology, renewable energy and new materials. Dr. Huynh Quyet Thang calls for comprehensive and focused development of these strategic technologies. A well-functioning innovation ecosystem with a clear legal framework, stable financing mechanisms and strong training and research is essential.

To implement these ideas, experts suggest national training and research programs. The creation of a network of key laboratories and large data centers is intended to promote autonomy for research institutes, universities and companies to improve the commercialization of research results. In addition, the development of a strategic technology law is encouraged to facilitate the coordination of research and application activities.

Institutional reforms and promotion of innovation

Dr. Nguyen Ba Hung emphasizes that urgent institutional reforms are needed in the technology sector to create a competitive environment. The aim is to reduce administrative interventions, as well as to ensure transparent and stable laws, especially in emerging areas such as the digital economy and artificial intelligence. Dr. Tran Tho Dat warns that the current growth model is running out of room and calls for a complete shift to an innovation-based model that puts science and technology at its core.

There are similar efforts to this in Germany Federal Ministry of Research reported. The need to transfer scientific results into practical applications is recognized here in order to address current challenges and strengthen the business location. Strong networks between science, business, administration and civil society are crucial for the success of innovation ecosystems.

Innovation ecosystems in Germany

The Federal Ministry of Research promotes the formation of such networks through various programs that are open to technology and topics. A tradition of regional cluster and network support in Germany has contributed to the formation of long-lasting partnerships. As part of the “Clusters4Future” program, 14 networks in innovation fields that develop market-ready products and business models have been supported since 2019.

For example, the future cluster Ocean Technology Campus Rostock focuses on sustainable ocean technologies, while the research campus “STIMULATE” in Magdeburg develops minimally invasive medicine. These innovation clusters show how effectively networks can address social and economic challenges through close collaboration between experts from various disciplines.