Forum seeks to accelerate innovation in industry

Representatives of some 200 companies and associations gathered at Industry Innovation Forum 2022, themed “Smart Manufacturing”, held by the Board of Management of Saigon Hi-tech Park (SHTP) in Ho Chi Minh City on September 20.

According to VNA, it is the first time the forum has been organised, said Nguyen Anh Thi, head of the SHTP Board of Management.

It will be made an annual event for enterprises and experts to share experience and strengthen connectivity and partnership in accelerating innovation in industry in Vietnam, he noted, adding that this, therefore, will enable improved productivity and optimise operating costs and efficiency in use of resources.

Forum seeks to accelerate innovation in industry -0
Source: ITN

Innovation and application of technology in production remain a major challenge for enterprises not only from Vietnam but globally, Thi said., emphasising that Vietnam can import technology but not innovation.

Vietnam sets to be among the world’s top 40 performers in the Global Innovation Index (GII) by 2030. It also aims to expand 5G coverage to the whole country and have the digital economy account for more than 30% of its GDP by the end of this decade.

It is seeking to develop a number of priority sectors, namely information technology, electronics-telecommunications, cyber security, smart manufacturing, finance-banking, e-commerce, digital agriculture, e-tourism, digital culture, health care, education and training.

During the forum, experts and business representatives discussed the prospect of industrial manufacturing in Vietnam and shared experience in leveraging technology to innovate the industry and maintain a leading position.

Last year, Vietnam’s digital economy hit 21 billion USD, a year-on-year surge of 31%, making up 5% of the GDP. Google, Temasek Holdings and Bain & Co. forecast that the Vietnamese digital economy will enjoy an annual growth of 29% to reach 57 billion USD in 2025./

Economy

Da Nang strengthens cooperative ties with Thai localities
Economy

Da Nang strengthens cooperative ties with Thai localities

Vice Chairwoman of the People's Committee of the central city of Da Nang Nguyen Thi Anh Thi on September 26 hosted a Thai delegation led by Thai Consul General in Ho Chi Minh City Wiraka Moodhitaporn, and Khon Kaen Deputy Governor Siriwat Pinijpanich, who are in the city to attend the "Meet Thailand in Da Nang" conference.

UN Special Rapporteur highly values Vietnam's progress
Economy

UN Special Rapporteur highly values Vietnam's progress

United Nations (UN) Special Rapporteur on the right to development Surya Deva had a dialogue in Geneva on September 18 with countries on his activities over the past year, during which he highly valued the Vietnamese Government's multidimensional poverty reduction approach.

Australian plums to be available in Vietnam
Economy

Australian plums to be available in Vietnam

Australian plums will soon be on shelves in Vietnam under the two-way agricultural market access agreement between the two countries that brings Australian plums to Vietnam and Vietnamese passion fruit to Australia, according to the Australian Government.

Vinamarine prohibits profiteering in emergency situations
Economy

Vinamarine prohibits profiteering in emergency situations

The Vietnam Maritime Administration (Vinamarine) under the Ministry of Transport strictly prohibits all acts of taking advantage of emergency situations, storms and floods to raise service prices inconsistent with fluctuations in total costs compared to normal conditions for profiteering.