Vietnam, as per Assoc. Prof. Dr. Nguyen Dang Bang, possesses key advantages for a tech revolution, including a young population and strong global supply chain integration. He emphasizes the need for institutional reforms and focused investments in several high-impact areas. Strengthening educational connections and attracting R&D investments will be vital for Vietnam’s advancement in the tech sector.
Vietnam is on the cusp of a technology revolution, as highlighted by Assoc. Prof. Dr. Nguyen Dang Bang from the University of Cambridge. In a discussion with the Vietnam News Agency, he emphasized key advantages such as a youthful and tech-savvy populace, sustained economic growth, and robust integration into global supply chains. Furthermore, modern infrastructures like airports and seaports enhance the nation’s potential to transform into a hub for advanced manufacturing, especially in semiconductors and quantum computing.
To maximize these advantages, Bang insists that institutional reform must be prioritized. By strengthening institutional frameworks, Vietnam can foster an environment that empowers scientists with trust and opportunities, enabling them to focus on innovative research instead of bureaucratic explanations. He advocates for the Vietnamese Government to establish clear policies and actionable plans that translate scientific aspirations into tangible outcomes.
With limited resources, Bang advises targeting 3-4 high-impact areas for development over the next 10-15 years while allowing less critical sectors to be spearheaded by private and foreign investors. This strategic approach would ensure a well-functioning ecosystem, guided by the government’s regulatory support.
Bang also calls for a comprehensive overhaul of university systems to connect with global institutions and experts, providing students exposure to leading-edge scientific ideas. He encourages the inclusion of practical science education in primary and secondary curricula to foster curiosity and hands-on experience among students.
To encourage multinational and local companies to establish research facilities in Vietnam, tax incentives for research and development in key sectors should be made available, along with efforts to attract top-tier R&D investments. Bang emphasizes that Vietnam’s network of scientists globally can serve in teaching and advisory roles, which could significantly benefit state and business sectors alike.
Vietnam possesses significant advantages for realizing a technology-driven transformation, characterized by its youthful workforce and integration in global markets. Institutional reforms and targeted investments in key sectors are essential to leverage these strengths. By enhancing its educational ecosystem and encouraging foreign investment, Vietnam can successfully transition into a leader in technological innovation and development.
Original Source: en.vietnamplus.vn
