Many initiatives are given by local management agencies to promote and connect businesses with otherorganizations in innovation projects.

The network is aimed at creating an integrated solidarity community in the region, contributing to promoting the sustainable development of Vietnam and the world through innovation and science - technology.

In case of ambiguity in laws and regulations, government agencies should go for the option that brings the most benefits for enterprises, said an expert.

As industry leaders, state enterprises are responsible for forming value chains and promoting innovation in their respective sectors by mobilizing the participation of enterprises from various economic components.

It is important to create room for all economic components to grow equally, especially the private sector.

Almost half of Japanese firms in Vietnam said they would expand investment in the country in the next one or two years.

The Vietnam International Innovation Expo 2021 (VIIE 2021) held on January 9-10 is a major turning point and the result of a series of efforts by the Ministry of Planning and Investment in promoting innovation in Vietnam.

The Ministry of Planning and Investment (MPI) and USAID/Vietnam are collaborating to support the Vietnamese enterprises in the process of digital transformation.

The focus of the government’s support this time would be for enterprises with high spillover effects to the economy, especially in fields of aviation, tourism and consumer products.