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Science, Technology and Innovation in Viet Nam

image of Science, Technology and Innovation in Viet Nam

This book offers a comprehensive assessment of the innovation system of Viet Nam, focusing on the role of government and providing concrete recommendations on how to improve policies that affect innovation and R&D performance.

English

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Economic performance and framework conditions for innovation in Viet Nam

This chapter discusses the robust economic growth Viet Nam achieved based on openness to international trade, foreign direct investment and integration in global value chains, but which has slowed down somewhat recently. It highlights the composition of exports which until recently has been dominated by low value-added, low-technology goods. The chapter then looks at the current state of framework conditions for innovation which, in a number of ways, constrain innovative activities. It concludes with a discussion of the role of science, technology and innovation as a driver of Viet Nam’s future economic development.

English

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