In in the present day’s period of digital transformation and innovation, strengthening the position and connectivity of science and expertise (S&T) organizations towards sustainable improvement is extra crucial than ever.
At the current Hanoi convention titled “Enhancing cooperation and promoting the role of science and technology organizations – Mobilizing resources for sustainable science and technology development in the new era”, scientists and policymakers agreed that to harness the complete potential of S&T for improvement, we should clearly establish alternatives, challenges, efficient insurance policies, and operational fashions.
To this finish, constructing a sustainable science and expertise ecosystem entails sturdy linkages between the state, academia, companies, and civil society. It additionally requires modern monetary fashions, commercialization of analysis, and empowering non-state S&T organizations.
Seizing alternatives and reforming operational fashions
Dr. Pham Thanh Tinh, Chairman of the Southeast Asia – Vietnam Scientific Research Association (SEARAV), burdened the very important position of cooperation amongst S&T organizations. In this period of speedy change, science, expertise, and innovation are core drivers of nationwide progress.
“Our Party and State have recognized this, reflected in key strategic policies such as Politburo Resolution No. 52-NQ/TW on proactive engagement in the Fourth Industrial Revolution, and the Science, Technology, and Innovation Development Strategy to 2030,” stated Dr. Tinh.
He emphasised that unleashing the potential of S&T organizations – particularly non-state establishments – is crucial. These teams function pioneers and information hubs, fostering innovation and spreading new values.
Phạm Thu Hang, Deputy Director of the Department of Non-Governmental Organizations, Ministry of Home Affairs, really helpful that non-state S&T organizations prioritize transparency, construct inner capabilities, create aggressive providers, and acquire public belief to draw companions and buyers.
Dr. Nguyen Thi Thu Hien from the Office of the Central Party Committee burdened the significance of monetary restructuring for S&T organizations to extend sustainability and commercialization. She argued that relying solely on state budgets or overseas assist is now not viable. Vietnam should develop funding mechanisms, science and expertise funds, and interact in crowdfunding.
Research outcomes, she stated, ought to transcend educational publication and be transparently commercialized. This would incentivize scientists and improve product competitiveness. She additionally known as for the event of valuation providers, incubators, and S&T startup networks linked to universities – permitting organizations to face independently amid tightening public budgets.
Additionally, a shift in mindset from grant-seeking to funding partnership is essential, with the non-public sector positioned as a strategic ally. Public-private-academic partnerships have to be institutionalized and sustainably supported.
S&T organizations additionally want to remain abreast of rising innovation traits. Increasingly, innovation is seen on par with scientific analysis, requiring clear commercialization methods. The newly handed Law on Science, Technology and Innovation affirms this shift, signaling that improvement should embrace this balanced, inevitable trajectory.
PPP decree: Legal breakthrough for S&T funding
While Vietnam has practiced public-private partnerships (PPPs) for years, their utility in science, expertise, and digital innovation stays restricted. Experts attribute this to the shortage of authorized frameworks for versatile partnerships amongst state our bodies, companies, universities, and analysis institutes. The absence of risk-sharing incentives and advanced procedures has discouraged non-public funding.
Minister of Finance Nguyen Van Thang not too long ago acknowledged that regardless of the existence of the PPP Law, the S&T sector nonetheless lacks fit-for-purpose mechanisms.
To resolve this, the Central Steering Committee and the General Secretary directed the drafting of a decree to create a authorized framework facilitating cooperation among the many authorities, enterprises, and analysis facilities.
On July 1, 2025, the federal government issued Decree 180/2025/NĐ-CP, laying out particular PPP mechanisms for S&T funding, analysis, expertise improvement, innovation, and digital transformation. The decree particulars use of public property for partnerships, obligations of events concerned, and implementation timelines. It takes impact from July 1, 2025, with some articles efficient October 1, 2025.
Minister Thang emphasised, “This is an urgent task aligned with the Party’s directive on economic reform. It reflects the Ministry of Finance’s commitment to turning science, technology, innovation, and digital transformation into core engines of growth and sustainable development.”
Creating equal funding alternatives for all sectors
Ultimately, Vietnam wants a secure authorized surroundings and focused incentives for non-state S&T organizations. This consists of entry to analysis funds, tax reduction, mental property registration, and credit score assist.
Only by constructing a aggressive, non-discriminatory funding framework – no matter public or non-public standing – can we unleash the true capabilities of S&T organizations. This will guarantee equitable and efficient expertise innovation and switch, serving to science and expertise change into the spine of Vietnam’s sustainable progress within the digital period.
Nhan Dan