More specific policies needed for science, technology development: Deputy PM
(VOVWORLD) - The Ministry of Science and Technology needs to perfect its institutions and legal policies, creating corridors for the development of science and technology, Deputy Prime Minister Tran Luu Quang said at Thursday’s conference in Hanoi to review the ministry’s performance in 2023 and to launch tasks for 2024.
In 2023, science, technology and innovation activities had outstanding results, according to the conference.
Vietnam ranked 46th among 132 economies featured in the Global Innovation Index 2023 rankings, up two positions from last year. It ranked second among 36 economies in the lower middle-income group, and was one of the seven middle-income countries with the most progress in innovation in the past decade.
The Ministry has developed a Provincial Innovation Index and officially deployed it nationwide as a tool to measure the innovation capacity and results of each locality across the country.
It has coordinated with other ministries and agencies to resolve important issues relating to accessing semiconductor chip manufacturing technology. The proportion of the export value of high-tech products reached nearly 50% of the total value of exported goods.
The national creative startup ecosystem has grown, and is now considered one of the most dynamic ecosystems in Asia and is ranked 58th in the world.
Investment in Vietnamese startups and innovation has maintained a good level of development compared to other ASEAN countries with 56 major projects and total investment capital of 500 million USD in the first half of 2023.