Hanoi (VNA) – Deputy Prime Minister Tran Luu Quang on December 28 askedthe Ministry of Science and Technology (MOST) to perfect institutions and legalpolicies, creating corridors for the development of science and technology.

TheDeputy PM made the request while addressing a conference reviewing the ministry’sperformance in 2023 and launch tasks for 2024.

TheMoST needs to have specific policies to develop this field on contents such as valuationof assets formed after implementing scientific research results, policies forscientists, and self-reliance and financial mechanisms, he said.

Itis necessary for the ministry to further promote research and application ofscientific and technological advances in the direction of encouraging scientists with the allocationof sufficient capital for scientific research, he said.

The Deputy PM un🤡derlined theneed for good collaboration between relevant ministries and agencies and strength♏eningconnections to learn from international experiences, thereby arousing thespirit of solidarity to overcome difficulties and challenges.

Helauded the ministry’s performance in 2023, saying that in the context of commondifficulties in the region and the world, Vietnam has still steadfastly overcome the hardships and achieved encouraging results. Quang attributed the achievements to thesignificant contributions from the science and technology industry, scientists,and those working in the sector.

Accordingto a report presented at the conference, Vietnam's Global Innovation Index(GII) has continuously improved over the past 13 years, showing its effectivenessin converting input resources into innovative results.

Vietnamranks 46th among 132 economies featured in the Global Innovation Index 2023rankings, up two positions from last year. The country ranks second among 36 economies in the lower middle-income group, and is one of the sevenmiddle-income countries with the most progress in innovation in the past decade.

TheMOST has developed a Provincial Innovation Index (PII) and officially deployedit nationwide from 2023. This is a tool to measure the innovation capacity andresults of each locality across the country, contributing to improvi�🅺�ng thenational innovation index.

Inthe field of high technology, the MOST has coordinated with other ministriesand agencies to resolve important issues relating to accessing semiconductor chipmanufacturing technology. The proportion of export value of high-tech productsreached nearly 50% of the total value of exported goods. The ministry has also effectivelydeployed scientific and technological tasks on developing key technologies of the fourth Industry Revolution that Vietnam has advantages such as artificial intelligence,big data analysis, Internet of things, 3D printing and virtual realitytechnology.

Thenational creative startup ecosystem has grown in both scale and forms of operation.It is considered one of the most dynamic ecosystems in Asia and ranked 58th inthe world. The capital city of Hanoi was among the top 200 global creativestartup cities for the first time.

Investmentin Vietnamese startups and innovation has maintain🌳ed a good level ofdevelopment compared to other countries in the Association of Southeast AsianNations (ASEAN) with 56 projects and total investment capital of nearly 500million USD in the first six months of 2023./.