Applying high technology to improve the competitiveness of the economy

CAO NGUYÊN |

The application of high technology and strategic technology aims to improve productivity, added value, production and business efficiency and the competitiveness of the economy.

The National Assembly has passed the Law on High Technology. This Law takes effect from July 1, 2026.

This law stipulates high-tech activities, policies, measures to encourage and promote high-tech activities and activities related to strategic technology development.

The Law on High Technology dedicates a chapter to regulate the promotion of high technology and strategic technology applications.

Including the application of high technology and strategic technology in socio-economic development.

Accordingly, the State has policies to encourage and create conditions for organizations, businesses, and individuals to apply high technology and strategic technology in the economic, defense and security sectors, especially in key economic regions, rural areas, ethnic minority areas, border and island areas, and areas with difficult and extremely difficult socio-economic conditions.

The application of high technology and strategic technology aims to improve productivity, added value, production and business efficiency and the competitiveness of the economy.

At the same time, promote digital transformation, develop the digital economy, green economy, circular economy, knowledge economy; ensure national defense, security, and social safety;

Implementing sustainable development goals, protecting the environment and improving the quality of life.

High-tech application activities, strategic technologies belonging to the List of high-tech technologies prioritized for investment and development and the List of strategic technologies specified in this Law.

Typically, using research results on technology to innovate technology and improve the added value of products.

Produce product trials, complete processes, quality standards, inspection, certification to serve commercialization; master and adapt high technology, strategic technology transferred from abroad.

CAO NGUYÊN
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