Law-making should prioritize investment in innovation, seen as a critical source for developing new products for the science-technology market, Deputy Nguyen Thi Lan from Hanoi said during a debate at the National Assembly on October 28.

Deputy Nguyen Thi Lan from Hanoi. Photo: quochoi.vn

According to Lan, Vietnam still faces major challenges in 2022 stemming from the impacts of Covid-19, conflicts between Russia and Ukraine, and climate change.

"Such issues have become more unpredictable and caused disruption to supply chains, along with rising inflationary pressure," Lan said.

Nevertheless, the drastic measures from the entire political system, the guidance of the Party, the State, the companionship of the National Assembly, the trust of the people, and support from international friends have resulted in Vietnam's impressive socio-economic recovery.

Lan noted the country remains a global highlight in economic development in the post-pandemic period, thanks to the Government's effective economic plan.

For Vietnam to maintain growth momentum in 2023, Lan expects the Government to pay attention to scientific-technological development that requires substantial investment to create the right environment for breakthroughs in this field.

In this regard, he noted the need for lawmakers to address shortcomings in existing regulations that continue to hinder scientific activities.

"The government may consider pilot policies for the development of scientific institutes, such as commissioning new research projects for at least five years to make them active in formulating R&D strategies and promoting innovation," Lan said.

Priorities for Hanoi to foster innovation and technologies

The Hanoi People's Committee has recently issued decision No.2775/QD-UBND on promoting innovation and technology transfers in the city.

The program aims at realizing the overall action program No.07 of the Hanoi Party Committee on promoting science, technology, and innovation in the city for the 2021-2025 period.

In this regard, the local authorities would focus on perfecting the legal framework for innovation, technology transfer, and promoting knowledge of science-technology.

The city plans to survey the current status of the adoption of hi-tech agriculture, the role of socio-political organizations in driving innovation, and technological development in a new context.

In addition, Hanoi would hold ten conferences discussing the potential of innovation and technology transfer, serving as a basis for drafting a report compiling recommendations for the city's leaders in science development.

Over the years, Hanoi People's Committee has identified science-technology as a priority for development and strives to cement the city's role among the leading innovation centers in Vietnam.

In agricultural and rural development, Hanoi currently has 164 hi-tech farming models, 20 farming companies investing in new and modern agricultural production, and nine in hi-tech husbandry, seafood production, and distribution of farm produce.