Vietnam-Singapore Innovation Centre to be established in Binh Duong

(VOVWORLD) - Chairman of the People's Committee of Binh Duong province Vo Van Minh on Monday signed a decision approving the establishment of Vietnam-Singapore Innovation Centre in the southern locality.
Vietnam-Singapore Innovation Centre to be established in Binh Duong - ảnh 1At the cyber security center in the Vietnam-Singapore Innovation Centre (Photo: nhandan.vn)

Under the decision, the center will implement activities to connect, build orientations and create an environment for sci-tech research; support enterprises to transform technology and production and business models to meet the trend of the 4th Industrial Revolution.

It will also support and promote innovation and creativity programs, focusing on research and development fields and creating new ecosystems for the business community; and attract social resources to create models, products and projects in order to promote Binh Duong’s future development.

The center also aims to implement Binh Duong province's orientation in pioneering economic development based on innovation, science and technology.

It is positioned as a platform to attract active participation and cooperation between the players of the innovation ecosystem, creating favourable conditions for businesses, institutes and universities to promote potential and improve their capacity through sci-tech commercialisation, transfer and application.

The center is expected to help businesses make deeper inroads into the global value chain, towards producing products with higher technology content adapting to the world's green and sustainable development trend.

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