The system also includes a mechanism that allows for the deployment of new ideas, technologies, and policies in a controlled environment for evaluation before widespread application.
Mr. Nguyen Trong Khang, Founder and Chairman of the MK Group, tells Vietnam Economic Times / VnEconomy’s Manh Chung and Ngo Huyen about the introduction of Politburo Resolution No. 57 on science and technology, innovation, and digital transformation.
The US-based operator of the Starlink low Earth orbit satellite telecommunications system is completing procedures to establish a legal entity in Vietnam.
Operating as an off-budget, non-profit state financial fund, the National Data Development Fund will be directly managed by the Ministry of Public Security.
Under the law, the State shall give priority to building infrustructure for science and technology research and innovation, key national laboratories, and infrastructure connectivity between research institutes, education establishments andenterprises.
Vietnam currently ranks number one globally for game downloads on Google Play, with 6.1 billion downloads in 2024—equivalent to over 11,600 downloads every minute.