The Ministry of Science and Technology (MoST) launched the Vietnam Science and Technology Exchange Platform on June 30.

The platform serves not only as a technical tool but as a core institutional infrastructure for building a knowledge-based economy. It aims to connect research, production, and the market.

In its current first phase, the exchange platform has integrated information on 600 technologies for sale, mainly equipment and machinery, over 50 registered technology procurement needs, a directory of 150 consultants and brokers, and online exhibition booths for showcasing technologies.

In the second phase, more features will be added like interactive matching between supply and demand, together with more advisory and brokerage services, tools to track transaction numbers and values, and support in finance, intellectual property, and technology transfer. The platform will also link to national science and innovation databases, combining both online and offline operations.

Developed under a public-private partnership model, the platform is State-funded in terms of infrastructure and its online foundation, including access to national science and technology databases. It is also supported by policies to promote safe, transparent and efficient technology trading for businesses.