Industry and trade sector masters modern technologies

08:54 | 12/02/2020 Science - Technology

(VEN) - The industry and trade sector’s scientific and technological progress has significantly contributed to the development of the sector and its economic efficiency.

industry and trade sector masters modern technologies

Success in research

According to the Department of Science and Technology under the Ministry of Industry and Trade, the industry and trade sector has focused on coordination between scientific and technological research agencies and businesses. Many research projects have been applied successfully, meeting domestic demand, improving the rate of local content, increasing productivity and competitiveness and yielding high economic efficiency.

The Son La Hydropower Plant is a telling example of this trend. Specifically, hydraulic engineering equipment was designed and manufactured with total volume of about 43,000 tonnes, of which domestic units undertook over 27,000 tonnes, accounting for more than 62 percent of total value of equipment.

Super-sized and super-heavy equipment, hydraulic control systems with lifting capacity of 700 tonnes and pressure pipes with a diameter of up to 7.5m posed challenges for domestic units in design and manufacturing. However, research agencies proved their ability to master the relevant technologies and are now fully capable of implementing larger hydropower plants.

In terms of electrical equipment, businesses have been able to design and manufacture 5MW motors and 500kV transformers with quality equivalent to the same types of products from Europe. In particular, domestically manufactured motors are of higher quality and enjoy greater customer trust than imported goods from China.

Perfecting mechanisms and policies

The industry and trade sector’s scientific and technological activities aim to contribute further to sustainable development of the sector, with a focus on improving the system of mechanisms and policies to strengthen research and application into trade and production activities, enhancing the commercialization of scientific and technological products and developing the trading floor, and promoting technology transfer in association with intellectual property protection.

The sector will also focus on improving scientific and technological capacity of research institutes, groups and corporations through investment in a number of specialized laboratories in key industrial sectors.

Pioneering businesses with sufficient capacity will be selected to support the implementation of large-scale scientific and technological tasks and develop national products in the industrial sector. In addition, the sector will provide support for the establishment and development of scientific and technological businesses and technology incubators.

The Ministry of Industry and Trade will select scientific and technological businesses to participate in the implementation of large-scale scientific and technological tasks and the development of national products in the industrial sector.

Hoang Nguyen