Digital Biz

A key highlight is the acceleration of science and technology (S&T) tasks to create products that meet specific demands of enterprises and the broader market.

Party General Secretary and State President To Lam stressed that reform in basic science research must encompass awareness, institutional frameworks, investment mechanisms, and implementation methods. He described the issue as a strategic matter directly linked to Vietnam’s development model, national self-reliance and international standing in the 21st century.

The event bringing together more than 30 prominent investors and investment funds from Singapore, Japan, South Korea, the US, Vietnam, and the Philippines.

The country aims to raise average localization rates in key industries to 40–45% and position itself among the top three ASEAN countries in industrial competitiveness.

For the first time, a comprehensive framework for scientific integrity has been established in Vietnam.

Priority sectors for cooperation including biomedicine and biotechnology, alongside efforts to attract South Korean investment and develop satellite R&D hubs in Hai Phong.