Hanoi is committed to developing efficient policies to attract investment resources for science-technology and innovation, including the setup of the Hanoi Technology Exchange, Technology, and Innovative Startup Incubator in 2023.

Vice Chairman of the Hanoi People's Committee Le Hong Son at the conference. Photo: The Hanoi Times

Vice Chairman of the Hanoi People’s Committee Le Hong Son gave the information at a conference on February 14, discussing the city’s science-technology development objectives for this year.

Son expected Hanoi to work with the Ministry of Science and Technology to finalize the transfer of the management of Hoa Lac Hi-Tech Park to Hanoi; establish a citywide shared database; streamline administrative procedures by modernizing recruitment methods; and promote collaboration between domestic and foreign scientists, schools and research institutes for the development of scientific research in the capital.

To ensure that science, technology, and innovation help boost the competitiveness of Hanoi's economy and contribute largely to socio-economic development, Son has required the Hanoi Department of Science and Technology to adopt new and innovative operating methods and provide more effective consulting services in these fields.

Director of the Hanoi Department of Science and Technology Nguyen Hong Son stressed the importance of 2023 in the implementation of the five-year socio-economic development plan (2021-2025) and the mid-term review of the Hanoi Party Committee's Program on "Strengthening the development of science, technology, and innovation in Hanoi from 2021 to 2025".

To ensure the effective implementation of the program, the director proposed the city enhance the quality of state management of science and technology. “The Department of Science and Technology will prioritize its efforts towards providing effective advisory services on the development of mechanisms and policies related to science and technology. This includes advising on the development of the amended Capital Law and contributing to the formulation of the Capital Planning period (2021-2030) by providing expert input on science, technology, and innovation-related issues,” he said.

Son concurred with the view of the city's vice chairman in stating that the development of the science and technology market will be achieved by accelerating the construction and commissioning of the Hanoi Technology Exchange, Technology and Innovation Startup Incubator.

In this regard, he noted various innovation-focused activities will be organized to showcase Hanoi's potential as the hub of science, technology, and innovation of the country.

“To foster the growth of this sector, the city will implement policies that attract and engage a team of leading domestic and international experts and scientists, who will play a crucial role in the construction and development of the capital,” the director said.