High-tech development in the era of advancement

Thạch Lam |

In the era of national development, high technology needs to take the lead in changing the growth model and increasing labor productivity.

Vietnam is entering an era of growth to strongly transition to the stage of becoming an upper-middle-income country by 2030 and a high-income industrial country by 2045. This is a fundamental process of shifting the economic structure from a model based on resources or efficiency to a growth model based on innovation.

In this era of development, there may be different developments compared to the previous 40 years, including the mission of high technology to create a model of development for the entire economy.

According to Ms. Nguyen Minh Anh - National Economics University, high technology needs to take the lead in changing the growth model, increasing labor productivity, affirming its irreplaceable position and role in the growth model in depth, with great influence and moving the country to a high industrialization stage. To achieve that mission of high technology in Vietnam, certain solutions are needed.

First, it is necessary to fully recognize the position, especially important role and even decisive role of high technology in improving the national position in the long term and the new development context. It is necessary to promote effective communication work on high technology to mobilize the greatest interest and continuous efforts to develop all high technology directions.

Second, it is necessary to have a high-tech development ecosystem based on the project and the High-Tech Law as well as other relevant regulations. Invest more in high technology and have incentive mechanisms to encourage high-tech efficiency. Develop the high-tech market associated with a high-tech development investment cooperation model or appropriate international joint ventures.

Third, attach importance to developing high-tech research and development human resources, attach importance to high-tech centers, innovation centers and building high-tech product chains, connecting domestic and international high-tech centers and having solutions to shorten the development gap, even creating new effective development models and catching up with world trends.

Fourth, high-tech enterprises and corporations need to have a strong investment strategy to master and develop high technology. There needs to be an effective and strong policy for enterprises to develop this technology. It is necessary to attach importance to promoting innovative startups to reach the pinnacle of technology in the new development stage. Actively and proactively learn from experiences and good practices to apply appropriately to each appropriate high-tech field.

The World Intellectual Property Organization (WIPO) has released the Global Innovation Index 2024 (GII) Report in 2024. Accordingly, Vietnam is ranked 44/133 countries and economies, up 2 places compared to 2023.

Vietnam continues to improve its innovation input ranking by 4 places compared to 2023, from 57th to 53rd (innovation input includes 5 pillars: Institutions, Human resources and research, infrastructure, market development level, business development level). Innovation output increases by 4 places compared to 2023, from 40th to 36th (output includes 2 pillars: Knowledge and technology products, creative products).

In 2024, Vietnam will have three leading indicators in the world: high-tech import index, high-tech export index and creative goods export index (based on total trade transactions).

Thạch Lam
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