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A Catalyst for Science and Technology: Propelling Vietnam Towards a Digital Future On May 19, at the National Conference to implement Resolution 57-NQ/TW, Deputy Minister of Industry and Trade, Nguyen Hoang Long, delivered a congratulatory address to the science and technology community within the industry sector, marking Vietnam Science and Technology Day. Deputy Minister Nguyen Hoang Long congratulates the industry and trade sector’s science and technology team on Vietnam Science and Technology Day. (Photo: Thanh Tuan) Deputy Minister Long acknowledged the significant contributions of the Ministry to Vietnam’s scientific and technological advancement, stating, “Our Ministry has been a key driver of national progress through its state management agencies, research institutes, and universities. This is a source of great pride for us.” In the era of global digital transformation, science, technology, innovation, and digitalization are at the heart of economic growth and na...

Technology Transforms Tourist Behavior and Business Models Vietnam’s tourism industry recognizes the pivotal role of technology, specifically artificial intelligence (AI), in its sustainable development. This is especially prominent as the country aims to attract 22-23 million international visitors by 2025. Destinations are now enriched with augmented reality (AR) and virtual reality (VR) technologies, along with smart interactive stations (TapQuest). These innovations offer visitors immersive and lifelike experiences. Many businesses have integrated AI across various operations, including hotel management, online booking, personalized itinerary planning, and optimized destination promotion. As a result, they can create targeted smart marketing strategies that resonate with the right potential customers. The National Museum of History has implemented an e-ticket system. Esperantotur and Service Joint Stock Company (Esperantotur) are leveraging Industry 4.0 technologies...

In today’s digital era, Vietnam recognizes the pivotal role of science, technology, innovation, and digital transformation as key drivers of its economic growth and national advancement. The Politburo’s Resolution No.57-NQ/TW, issued on December 22, 2024, underscores this by emphasizing these areas as “top priority breakthroughs” for the nation’s new growth model. At a recent workshop on the capital market’s role in fostering Vietnamese tech firms, Minh highlighted the importance of a robust capital market in nurturing innovation among technology businesses. Leading economies such as the US, China, and Singapore have successfully developed their capital markets to enable startups to secure funding through Initial Public Offerings (IPOs), thus creating “unicorns” – startups valued at over 1 billion USD. Despite Vietnam’s vibrant startup ecosystem, the emergence of “unicorns” has been relatively scarce. As of 2021, Vietnam was home to four tech unicorns: VNG, MoMo, VNLife (VNPay), and...