Vietnam Poised for a Technological Revolution: Insights from a…

Vietnam is prepared for a tech revolution, supported by a youthful population, economic growth, and modern infrastructure. Assoc. Prof. Dr. Nguyen Dang Bang from Cambridge underscores the significance of institutional reforms and strategic investments to enhance the country’s capabilities in science, technology, and digital transformation, advocating for collaborations with global experts.

Vietnam is on the verge of a technological renaissance, as highlighted by Assoc. Prof. Dr. Nguyen Dang Bang from the University of Cambridge. He emphasized the country’s advantages which include a youthful, tech-savvy populace, consistent economic growth, comprehensive integration into global supply chains, and modern infrastructure featuring expansive airports and seaports. These attributes position Vietnam favorably for implementing the Politburo’s Resolution 57, aimed at propelling advancements in science, technology, and digital transformation.

Dr. Bang identifies Vietnam’s potential as a center for smart manufacturing, particularly in semiconductors and emerging technologies like quantum computing, distinguishing it from nations that depend on outdated manufacturing methods. To leverage these advantages, institutional reform is essential, he remarked, advocating for the Government to establish definite policies and action plans that would support scientific endeavors.

To effectively utilize limited resources, Dr. Bang recommends the Government prioritize investments in 3-4 impactful sectors over the next 10-15 years, allowing private entities and foreign investors to spearhead less critical areas while the state ensures a supportive regulatory environment. His nearly two decades of teaching and research experience across multiple countries underline the importance of developing robust ecosystems within universities to foster connections with leading global academic institutions.

Bang advocates for an overhaul of university systems, emphasizing close collaboration with top-tier international universities and experts to provide students with authentic access to groundbreaking ideas. He also calls for early exposure to science education in schools, utilizing practical activities to cultivate curiosity and interest.

He expressed that the Vietnamese Government should facilitate the establishment of research facilities by multinational and domestic corporations by offering tax incentives for research and development in strategic sectors. Additionally, he suggests forming dedicated task forces to attract research investments from the globe’s leading companies. Dr. Bang perceives Vietnam as uniquely positioned with access to a global scientific network and urges engagement of these experts to participate in various educational and advisory roles.

In summary, Vietnam stands at a pivotal moment for technological advancement, bolstered by its youthful and skilled workforce, economic stability, and comprehensive infrastructure. Dr. Bang’s insights emphasize the importance of institutional reforms, strategic priorities in research, and improved education systems to fully exploit Vietnam’s potential as a global leader in science and technology. Collaborative efforts with foreign entities and a strong emphasis on early education are vital for sustaining growth and innovation.

Original Source: en.vietnamplus.vn