Minister: tech firms play crucial role in “Make in Vietnam” programme

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"Make in Viet Nam" has been used widely for the first time in January 2019 at a tech-exhibition held by the Ministry of Information and Communications in 2019. Photo: VNA

“Created in Vietnam, made in Vietnam, designed in Vietnam, manufactured in Vietnam: Vietnamese tech-enterprises are here for “Make in Vietnam”, said Minister of Information and Communications Nguyen Manh Hung.

Speaking at the first "Vietnam Digital Business Forum", Hung said the strategy for developing Vietnamese tech firms plays an important role because it is related to the future and destiny of the country, according to Vietnamnet.

The digital revolution, and especially its new development - the 4th industrial revolution - has created new opportunities and unique opportunities for Vietnam, the minister said.

“Technology can effectively solve Vietnamese problems,” he stressed. “Make in Vietnam” is also our responsibility as a global nation and a global citizen: In addition to the use and consumption of human’s technology, Vietnam must also contribute to humans, contribute to the development of technology of mankind.”

“Make in Vietnam” will not only help Vietnam prosper, but also help Vietnam have a lasting peace, when contributing to the development of a mighty defense industry, Hung continued.

Minister of Information and Communications Nguyen Manh Hung

Businesses will not be able to produce and market effectively without using technology, especially new technologies. The firms that apply technology to change products, change the way to make products, or change business models will help reshape the world. Technology companies, whether developing technology or manufacturing technology or providing technology as a service, are the most important factor in accelerating technology application in all businesses and the entire economy and society.

“That is why developing Vietnamese technology enterprises is considered a top priority,” the minister explained.

To have technology businesses, market creation is perhaps the most important, he suggested.

National digital transformation quickly occurring throughout the country, in every field, from business to government and society, will also create an extremely large market for Vietnamese digital technology firms.

This year Vietnam will announce its national digital transformation strategy - Digital Vietnam, aiming at a digital economy and society. Innovation takes place most smoothly in the digital environment. Therefore, digital transformation is considered a prerequisite for widespread innovation.

Technology is about talent, he said, noting that Vietnamese people are smart, quickly adaptable to change, able to tailor products according to individual needs.

There are many overseas Vietnamese who have had a reputation for technology. It is time for them to return to Vietnam or connect Vietnam to build Vietnamese technology businesses, according to Hung.

“Talent has a global character. Vietnam will create conditions for global talent to converge here. Allowing the testing of new technologies, new business models, with a Sandbox approach (a sandbox is a regulatory field where technological firms operate and test new ideas to help the local economy catch up with the latest global developments). The ‘special zones for technology’ and ‘special zones for innovation’, with the connotation of being places to test outstanding mechanisms for technology enterprises, can be considered by the Government.”

It is necessary to invest in technology and industrial development, and form large-scale Vietnamese technology enterprises. Photo: Vnexpress

It is necessary to invest in technology and industrial development, and form large-scale Vietnamese technology enterprises, he went on.

This is not just a call, it is a responsibility to the country, to the prosperity of the country, and also for the future of these companies themselves, the minister said, stressing that the government will consider facilitating the development of a number of large technology corporations.

Vietnam is also in need of technology startups, as well as a fund to develop Vietnamese technology.

Among many educational innovations, perhaps ICT and foreign language teaching must be compulsory starting at general schools, Hung suggested.

Recently, it is said that each person must know 3 languages: mother tongue to maintain culture, English for international integration, and IT language to communicate with machines.

“And we all have high hopes for educational innovations that, first and foremost, the application of new technologies, ICT technologies in education. The first place to apply technology should be education. And the first Vietnamese technology companies should be educational technology businesses as well,” he said./.

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