PM calls for businesses to invest more in science and technology

Prime Minister Pham Minh Chinh has called on businesses to pay greater attention to and invest more in science and technology, particularly in new fields that serve green, sustainable, and eco-friendly development.

Speaking at a ceremony in Hanoi on May 17 to mark the 10th anniversary of Vietnam Science and Technology Day, Prime Minister Chinh said science, technology, and innovation should be a key driving force of the country’s growth.

The Party and State have identified that scientific and technological development is a leading policy and important driver of socio-economic development, he said.

Vietnam is a progressive country with great potential and increasing value in innovation, ranking among the top 50 countries in the Global Innovation Index, he said.

In order to carry out the 2021-2030 Strategy on Science, Technology and Innovation with a vision to 2045, the government leader said it is necessary to continue renewing mindsets and take drastic action to fully unlock and effectively utilize all resources, particularly by harnessing the brainpower and creativity of the Vietnamese people.

The Prime Minister suggested utilizing State funds to invest in high-reward sci-tech studies while spreading successful sci-tech models in production and trade.