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Vietnam, Japan promote innovations for further development

Six best solutions of the programme “Inno Vietnam – Japan Fast Track Pitch 2023” (Vietnam – Japan Innovation: The Road to Success) was announced at a ceremony in Hanoi on November 3.
Vietnam, Japan promote innovations for further development ảnh 1Six best solutions of the programme “Inno Vietnam – Japan Fast Track Pitch 2023” are announced at a ceremony in Hanoi on November 3. (Photo: VNA)

Hanoi (VNA) – Six best solutions of the programme “Inno Vietnam – Japan Fast Track Pitch 2023” (Vietnam – Japan Innovation: The Road to Success) were announced at a ceremony in Hanoi on November 3.

The six winners were selected from nearly 100 solutions sent to the organising board since the programme was launched by the National Innovation Centre (NIC), in collaboration with the Japan Trade Promotion Agency (JETRO) and the Japanese Embassy in Vietnam, on August 29.

Inno Vietnam – Japan Fast Track Pitch 2023 is within the framework of the "ASEAN - Japan Co-Creation Fast Track Initiative" activity co-chaired by the Ministry of Planning and Investment and the Ministry of Economy, Trade and Industry of Japan.

Speaking at the award ceremony, Minister of Planning and Investment Nguyen Chi Dung said the six winning solutions are the best innovations, helping enterprises optimise processes and create practical values to society, while highling that the progamme is a brige to promote the connection between both business communities and deepen the bilateral ties between Vietnam and Japan.

“Vietnam – Japan Innovation: The Road to Success” was launched in a new and volatile context to find effective solutions which are expected to help turn challenges into opportunities, Dung emphasised.

Japanese Minister of Economy, Trade and Industry Nishimura Yasutoshi said that 2023 marks the 50th anniversary of establishment of the diplomatic relations between Vietnam and Japan.

Over the past 50 years, Japanese businesses have expanded their business in Vietnam. The Japanese Business Association in Vietnam has about 2,000 member companies operating in fields from electrical manufacturing, electronics, automobiles to retail, information technology, and energy.

Japan will commit to supporting several innovation projects in Vietnam, especially in digital transformation and green development, he said.

On this occasion, the two ministers held talks during which, Minister Dung asked the Japanese minister to continue to pay attention to and support the Ministry of Planning and Investment and the NIC in particular.

He hoped that more Japanese technology enterprises, research institutes, and universities would open offices, R&D centres, and experimental manufacturing plants (fablab) at the NIC's Hoa Lac facility./.

VNA

According to Dr. Le Minh Nghia, Chairman of the Vietnam Financial Consulting Association (VFCA), AI has become a key driver reshaping the global financial industry. In Vietnam, the technology is already widely used in banking and finance for credit analysis, electronic customer identification (eKYC), risk management, service personalisation and real-time transaction processing.

Since the Prime Minister issued Directive 38, which directs ministries and agencies to strengthen efforts against IP violations, 1,438 cases had been detected and processed as of May 27.

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.