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NIC joins hands with enterprises to spearhead innovation

The 2023 Innovation Leaders’ Forum, themed “Leading Corporations and Enterprises Spearheading Innovation", opened in Hanoi on October 30, with business leaders, innovators, entrepreneurs, investors, and those driving the future of innovation and entrepreneurship taking part.
NIC joins hands with enterprises to spearhead innovation ảnh 1Deputy Minister of Planning and Investment Do Thanh Trung speaks at the event (Photo: VNA)

Hanoi (VNA) –  The 2023 Innovation Leaders’ Forum, themed “LeadingCorporations and Enterprises Spearheading Innovation", openedin Hanoi on October 30, with business leaders, innovators, entrepreneurs, investors, andthose driving the future of innovation and entrepreneurship taking part.

The event was co-hosted by the National Innovation Center(NIC), BambuUP and Global PR Hub.

Speaking at the event, Deputy Minister of Planning and InvestmentDo Thanh Trung said major corporations and businesses are considered a crucialcomponent of the innovation ecosystem, influencing Vietnam's structural shifting of the economy. Amid the growing innovation ecosystem, the role oflarge corporations and companies is becoming increasingly important.

On theoccasion, a number of memoranda of understanding on cooperation between NIC,State and major corporations were signed, marking a new model of innovation collaborationin Vietnam.

The Open InnovationHandbook For Enterprises was also officially introduced. Published by NIC incollaboration with BambuUP, it brings together stories and innovationexperiences from leading businesses, as the "key to success" forleaders and employees in terms of processes, tools and methods to promotecreativity, breakthrough ideas and successful implementation in a businessenvironment.

The event waspart of the Vietnam International Innovation Exhibition (VIIE) 2023 taking placefrom October 28 - November 1 hosted by the Ministry of Planning and Investment./.

VNA

The workshop aims to achieve three key objectives providing a platform for academic exchange and strengthening collaboration between leading international scientists and young researchers, including doctoral students; promoting multidimensional scientific dialogue on major open questions in the field; and initiating new directions for international research cooperation with the active participation of Vietnam's physics community.

With the bilateral relations continuing to grow and the determination of both sides to advance innovation, cooperation in AI and high technology is expected to become one of the most dynamic pillars of Vietnam-Singapore relations in the coming time.

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After four editions of the Top Industry 4.0, this year, the programme was officially renamed “Vietnam I4 Impact Awards”, which is not just a change in name but a shift in development thinking and core values.

Experts said close coordination among State management agencies, research institutes, universities, and businesses will improve training quality and serve the dual goals of quality education and practical research application.

To promote copyright protection, Vietnam is accelerating efforts to master core technologies and build integrated platforms capable of receiving, processing, distributing and protecting digital content on a unified system.

OVs hope the two countries can establish an interconnected cooperation mechanism in the technology supply chain, from sharing research, testing, and development infrastructure to training human resources, thereby forming a technology alliance able to compete with others in the ASEAN region and the world.

Part of the Vietnam Innovation Challenge 2026, the programme goes beyond conventional coding competitions by requiring participants to develop AI-driven solutions to business challenges in real time.

Many experts in Singapore expressed their hope that the General Secretary and President’s visit will pave the way for more substantive cooperation mechanisms between Vietnam and Singapore in high technology, innovation and human resources development.

Ho Chi Minh City currently hosts 143 science and technology enterprises, accounting for around 20% of the national total. Total factor productivity (TFP) contributes 59% to the city’s GRDP growth, with science and technology responsible for 74% of TFP growth.

Over recent years, NSTDA has built strong partnerships with Vietnamese research institutes and organisations in agriculture, biotechnology, energy and sustainable development. Notable examples include joint projects on cassava value chains, salt-tolerant rice, biotechnology products and an initiative on green energy cooperation and development in the Mekong basin.

Vietnam now needs more effective digital transformation to create higher productivity, new growth models and stronger competitiveness in the AI era, said participants at the plenary session of the Vietnam-Asia DX Summit 2026.

The project aims to transform VNeID into a modern, secure and highly scalable national digital platform capable of effectively serving citizens, businesses, agencies and organisations in handling administrative procedures, accessing online public services, conducting electronic transactions and using digital utilities.

More than just a major technology competition for engineering students, this year’s event provides a platform for innovation, artificial intelligence (AI) and practical industrial applications to converge.

Regional Representative of the UNODC for Southeast Asia and the Pacific, Delphine Schantz, recommended that countries should treat the UN Convention against Cybercrime (Hanoi Convention) as a ‘starting point,’ instead of an ‘end goal.’

The inclusion of Vietnamese researchers in the 2026 Asian Scientist 100 list alongside Nobel laureates highlights Vietnam’s increasing integration into the global scientific community and its expanding research capabilities.

For Ho Chi Minh City, science, technology and innovation have been identified as key drivers of growth in the new development period. Biotechnology, therefore, is considered one of the sectors capable of generating high added value and promoting the transition towards a greener growth model.

Addressing the forum, Vietnamese Ambassador Tran Phuoc Anh expressed appreciation for the initiative to connect Vietnamese intellectuals in Singapore and make the most of the city-state’s strengths in science, technology and innovation.

Experiences from localities nationwide show that Resolution 57 is fostering a marked transformation in development mindset. Science and technology, innovation and digital transformation are increasingly becoming foundational drivers of economic growth and opening new development space for localities in the years ahead.

Vietnamese authorities handled more than 30 cases involving the illegal sale and theft of personal data between 2023 and 2025, affecting over 160 million data records across sectors including health, education, finance, banking and telecommunications.