Construction of the National Innovation Centre (NIC), worth 740 billion VND (32 million USD), will be launched at Hoa Lac hi-tech park on the outskirts of Hanoi on January 9.
Design of the National Innovation Centre (Photo: baodautu.vn)
Hanoi (VNA) – Construction of the National Innovation Centre (NIC),worth 740 billion VND (32 million USD), will be launched at Hoa Lac hi-techpark on the outskirts of Hanoi on January 9.
The centre, covering an area of 35 hectares, is set up under the PrimeMinister’s Decision No.1269/QD-TTg to support and develop the nation’sstart-ups and innovation ecosystems, contributing to the growth models based onscience and technology.
It is expected to house domestic and internationalinnovative businesses, laboratories, offices of large corporations, as well asworking place of leading experts and scientists.
In a bid to create a legal framework for the NIC’s operation, the Governmentissued Decree No.94/2020/ND-CP regulating mechanisms and policies for the NIC,including incentives in terms of administrative procedures, finance, land,credit, and infrastructure for the centre as well as organisations andindividuals working at the centre.
The same day, the Ministry of Planning and Investment will open the VietnamInternational Innovation Expo, which introduces innovative solutions,initiatives, and hi-tech products. The two-day event is expected to draw theparticipation of major corporations both domestic and foreign such as VinGroup,Viettel, MoMo, CMC, Sunshine, Hanaka, VNPT, Samsung, Intel, Dell, Hitachi,Siemens, Hyosung, as well as startup community, small-and medium-sizedenterprises (SMEs), universities and institutions.
Several business matching events will be held within the exhibition to connectstartups and SMEs with investment funds as well as local firms with foreignpartners./.
Promoting the development of science and technology as well as digital economy is a wise choice for Vietnam to achieve an annual average economic growth rate of 7 percent during 2021-2030, according to experts.
The COVID-19 pandemic may have caused disruptions to start-ups and innovative enterprises, but it had also created opportunities for them to turn into real businesses.
HCM City should learn from other countries’ experiences in building a world-class science and technology park so that it can shift to a knowledge-based economy, speakers said at a recent conference in the city.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
Ambassador Nguyen Minh Vu laid stress on the significance of the Hanoi Convention, particularly to the Asia – Pacific, to handling legal gaps in international cooperation against rapidly increasing global cybercrime.
The week features a rich lineup of activities, including a plenary conference on blockchain and AI development, thematic seminars on future technology trends and investment visions, applications of blockchain and AI in business, the Super Vietnam PitchFest, as well as forums for blockchain and AI.
According to the Politburo’s Resolution No. 57-NQ/TW, dated December 22, 2024, on making breakthroughs in the development of science, technology, innovation, and national digital transformation, this is considered a decisive factor in the development of nations. It is seen as a prerequisite and the best opportunity for Vietnam to become prosperous and powerful in the new era of the nation’s rise.
Design of the National Innovation Centre (Photo: baodautu.vn) 
