Australia to boost Vietnam’s innovation capacity

(VEN) - The Vietnamese Ministry of Science and Technology and the Australian Ministry of Foreign Affairs and Trade jointly organized a demonstration event on innovation in the central city of Da Nang on November 8, within the framework of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Week. The Vietnam-Australia partnership program on innovation was announced during a ceremony.
australia to boost vietnams innovation capacity
Vietnamese Minister of Science and Technology Chu Ngoc Anh (left) and Australian Minister of Foreign Affairs and Trade Julie Bishop

Australia and Vietnam declared innovation as a new pillar in their strategic partnership, contributing to strengthening bilateral relations.

Vietnamese Minister of Science and Technology Chu Ngoc Anh said the two governments signed the agreement on science and technology cooperation in 2013 with four priority areas, including agriculture, health, environment and marine research.

In the coming time, the Aus4Innovation program will provide AUD10 million in support for targeted activities aimed at promoting Vietnam’s potential and enhancing its innovation system.

“The Aus4Innovation program supports Vietnam in building and developing a national innovation system and piloting projects in fields of Australia’s strength. The program will help key Vietnamese sectors modernize and grasp economic benefits while securing employment opportunities for Vietnamese workforce amid the fourth industrial revolution,” Vietnamese Minister of Science and Technology Chu Ngoc Anh said.

Australian Minister of Foreign Affairs and Trade Julie Bishop said in the age of information technology and science and technology development, predicting the future is very difficult. Therefore, supporting Vietnam in innovation is a key in dealing with the unpredictable future. Australia will send experts from the Commonwealth Scientific and Industrial Research Organization (CSIRO)’s Data 61 research network to Vietnam to design a roadmap for a digitalized future.

Australian Ambassador to Vietnam Craig Chittick said Vietnam has many strengths in science and technology. Australia wishes to help Vietnam achieve progresses in poverty reduction and maintain an impressive economic transition to the group of middle income countries. In the face of rapid technological changes and the unpredictable developments of the fourth industrial revolution, Australia and Vietnam are struggling to transform into an economy driven by creative innovation. This new cooperation will demonstrate the efforts of the two countries to achieve the common goal.

Minister of Science and Technology Chu Ngoc Anh:

The ministry will decisively implement the contents of the Aus4Innovation program in order to create the most favorable conditions for innovative activities in Vietnam.

Quynh Nga

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