Government prioritizes science, technology for socioeconomic development

14:21 | 22/11/2018 Science - Technology

(VEN) - The Vietnamese government attaches great importance to science and technology as a key driving force for socioeconomic development, granting priority to investment in science and technology.

government prioritizes science technology for socioeconomic development

Key role

Resolution 20-NQ/TW, dated November 1, 2012 of the Communist Party’s Central Committee on development of science and technology to serve industrialization and modernization in conditions of the socialist-oriented market economy and international integration, affirmed the key role of science and technology in socioeconomic development and national defense. This direction was further confirmed in the documents of the 11th and 12th National Congress of the Communist Party of Vietnam. In addition, the National Assembly approved the Constitution in 2013, affirming that development and application of science and technology is the primary national policy and one of the most important driving forces for socioeconomic development. Implementing the guidelines of the party, the National Assembly and the government, the Ministry of Science and Technology has coordinated with ministries, departments and localities to perfect the legal framework. It has adopted measures to promote scientific and technological development and application; strengthen links between institutes, universities and businesses to conduct technology transfer and apply research results in practice; and promote a national innovative startup ecosystem.

On August 6, 2013, the Ministry of Industry and Trade issued the science and technology development strategy for the industry and trade sector during the 2011-2020 period under Decision 5540/QD-BCT. This is an important basis for units in the industry and trade sector to develop concrete plans and to integrate science and technology development in their plans. In addition, the Ministry of Industry and Trade has also reviewed relevant legal documents to promptly amend and supplement science and technology mechanisms and policies.

Two percent of budget

According to the Ministry of Science and Technology, during the 2016-2018 period, spending on science and technology was guaranteed at two percent of the total state budget expenditure. The share of non-state funding in total investment increased from 13 percent in 2013 to 38 percent in 2016.

Up to now, some 3,080 organizations have registered for science and technology activities, including 1,460 public and 1,620 private ones. About 303 businesses have been recognized as science and technology companies, and 43 organizations have been granted high-tech certificates.

There are 167,746 professionals participating in research and development activities, including 141,084 (84.1 percent) in the public sector, 23,183 (13.8 percent) in the non-state sector, and 3,479 (2.1 percent) in the foreign-invested sector. The researchers include 14,376 PhD holders, 51,128 Master’s degree holders, 60,719 graduates, and 4,822 college students.

Quynh Nga