Science and Technology Development in Vietnam: Current Situation and Solutions

Abstract

Science and technology play an important role in transforming growth models, improving productivity, quality, efficiency and competitiveness of the economy. This is a matter of vital significance to the existence and development of the country, and is an urgent requirement of the current industrialization, modernization and national integration in Vietnam. During 35 years of industrialization, modernization and international integration (1986 – 2021), science and technology in Vietnam have made important progress in all aspects, making a practical contribution to economic development - society, improve the quality of people’s life and consolidate national defense and security. However, science and technology in Vietnam today still has many shortcomings such as: The level of science and technology of social production remains low and backward compared to other countries in the region; low labor productivity; domestic businesses are still less interested in investing in research and development; investment in science and technology activities is low, structure is not suitable, efficiency is low; the contingent of science and technology staff lacks quantity, is weak in quality, and the structure is not suitable. These shortcomings have been affecting the demand for reform of an economic growth model to meet the requirements of rapid and sustainable development. In the coming time, to overcome the above problems, Vietnam needs to deploy a synchronous system of solutions.