2nd Report on Vietnam innovation and technological investment with Covid-19 pandemic impact
(VOVWORLD) - The Ministry of Planning and Investment’s National Innovation Center (NIC) and Do Ventures Fund have released the 2nd report on Vietnam’s innovation and technological investment in the context of the COVID-19 pandemic.
 Deputy Minister of Planning and Investment Tran Duy Dong speaks at the meeting (Photo: kinhtevadubao.vn) |
The report provides multi-dimensional impact assessment on the occasion of the World Innovation Day on April 21. Deputy Minister of Planning and Investment Tran Duy Dong said that Vietnam’s innovation has made 9% of the GDP with the government’s eyeing up to 30% of the GDP coming from innovation industry. He emphasized on the government’s priority in innovation and technological investment for social solution, national branding and development.
Mr. Dong said: "Comprehensive changes in economic structures and global governance due to the pandemic have made innovation and science a decisive factor in national competitiveness. The NIC covering 99 hectares of land provides an ecosystem nurturing innovation and business start-up. The Ministry of Planning and Investment has cooperated with international partners to realize the Party guidelines and State policies to promote innovation."