TechDemo 2017 promotes technology commercialization

10:44 | 13/12/2017 Science - Technology

(VEN) - The Ministry of Science and Technology coordinated with the Da Nang People’s Committee to organize a three-day event demonstrating the connection between technology supply and demand. The event was designed to promote the application and transfer of technology and innovation in regional enterprises in order to boost labor productivity and take product quality to a new level.

techdemo 2017 promotes technology commercialization

Tech transfer deals

More than 500 technological products and 1,800 sources of technology were introduced at TechDemo 2017 by nearly 150 businesses, research institutes, universities and organizations in the fields of automobile production, support industries, agricultural engineering, renewable energy, water resource management, high-tech agriculture, electronics, telecommunications, health and banking. The event drew participants from Vietnam, Japan, the Republic of Korea, the US, Germany, Israel, Hungary and Chinese Taipei.

Some 12 technology transfer contracts worth nearly VND200 billion were signed among scientific application centers nationwide and foreign partners at the TechDemo 2017. The Japan Association of Science Research (GBT) signed a US$1 million agreement with the Binh Dinh Fertilizer and Service Joint Stock Company on bio charcoal and wood vinegar production, and waste treatment and plant protection. The Research Institute for Aquaculture III signed technology transfer contracts worth VND37 billion for lobster, crab and oyster farming with the Dac Loc Seafood Company, the Ba Hai Company and the Phu Yen Seafood Trade and Production Co., Ltd.

The Siberian branch of the Russian Academy of Sciences signed an agreement worth VND20 billion with the Sunny Eco Joint Stock Company to develop nanotechnology products, while Mekong University signed a VND12 billion contract with the Ecopa Energy Company to promote technology transfer in the Mekong Delta and train human resources.

Creating favorable conditions

Delivering a speech at the event, Chu Ngoc Anh, Minister of Science and Technology, said given Vietnam’s deep integration into the world economy, multidimensional impacts of globalization and trade liberalization, as well as strong development of science and technology will offer opportunities for Vietnam. To renew its growth model, restructure the economy towards higher quality, efficiency and competitiveness, the country must rely on science and technology, he added.

The Ministry of Science and Technology has made greater efforts to create a favorable environment in order to promote technology transfer, innovation, commercialization and application of scientific achievements, contributing to improving the technological capability of the country and enterprises, the minister said.

Quynh Nga