(VEN) - A government decree that took effect on March 20 provides corporate income tax and land and water surface rent exemptions and reductions for science and technology (sci-tech) enterprises, opening up new development opportunities. The decree covers a wide array of research and production - from utility solutions, industrial designs, integrated circuits designs, to new livestock breeds, new plant varieties, new aquatic breeds, and any other technological advancement recognized by the Ministry of Agriculture and Rural Development. As of early this year, there were about 3,000 sci-tech enterprises in Vietnam, only some 400 of which had been certified. According to Nguyen Ky Phung, Deputy Director of the Ho Chi Minh City Department of Science and Technology, Decree 13/2019/ND-CP is expected to provide sci-tech enterprises with new development opportunities, as it offers reductions and exemptions in land and water surface rents. Eligible firms will be exempt from corporate tax for … [Read more...] about Government decree benefits sci tech enterprises
Sci tech
G-DORM forum on global sci-tech education opens
Illustrative image (Source: VNA) Hanoi (VNA) – The Hanoi University of Science and Technology (HUST) and Japan’s Niigata University co-organised in Hanoi on March 4 the G-DORM Forum on Global Sci-Tech Education through cooperation with universities in Mekong River countries. It was part of their short-term student exchange programme from February 21- March 4. Nozomu Tsuboi, deputy head of Niigata University’s Engineering Faculty, said the G-DORM programme has been underway since 2016, with companies in Niigata prefecture, and universities in the Mekong River region like Royal University of Phnom Penh, National University of Laos, Chulalongkorn University of Thailand and HUST taking part. Human resources trained under the programme are expected to contribute to economic growth in ASEAN 3 and establish a tertiary education framework in Asia. The programme in Hanoi involve 12 students from HUST and 16 students from Niigata University, who worked in … [Read more...] about G-DORM forum on global sci-tech education opens
Can Tho University, Japan firm establish sci-tech center
Can Tho University, Japan firm establish sci-tech center By Trung Chanh The Center for Advanced Technology Research and Renovation at Can Tho City is launched on November 2 - PHOTO: TRUNG CHANH CAN THO - Can Tho University and Brain Works Asia Co., Ltd launched the Center for Advanced Technology Research and Renovation on November 2, which will boost scientific research in the Mekong Delta region. The center’s opening marks the 45th anniversary of Vietnam-Japan diplomatic ties and the fourth Vietnam-Japan culture and trade program in Can Tho, taking place November 2 to 4. Addressing the opening ceremony, Ha Thanh Toan, president of Can Tho University, said the center aims to provide an environment for cooperation between the university and Japanese enterprises working in scientific-technological research to meet the developmental needs of the delta region. The center is also an incubator for startups in the field with the support of experts from Japan, he added. … [Read more...] about Can Tho University, Japan firm establish sci-tech center
HCMC: Red tape hinders investment in sci tech R&D
(VEN) - Ho Chi Minh City (HCMC) is a driving force and an investment magnet of the Vietnamese economy. However, the sci-tech business activity still accounts for a small percentage of the city’s total, due to insufficient venture capital and complicated business registration procedures. Ho Chi Minh City is promoting the transfer of scientific research results and technologies to businesses and other units According to Nguyen Viet Dung, Director of the municipal Department of Science and Technology, complicated procedures discourage venture capital funds from investing in Vietnam. Last year, Ho Chi Minh City received a mere US$290 million from these funds. Meanwhile, other countries in the region attract billions of US dollars of venture investment in science and technology annually. Singapore is an attractive destination for startup businesses because simple procedures are required to establish a new company in this country, Dung said. In his opinion, Vietnam should … [Read more...] about HCMC: Red tape hinders investment in sci tech R&D
Provinces focus on applied sci tech transfer, implementation
(VEN) - Scientific and technological (sci-tech) activities have become increasingly practical and compliant with socioeconomic development targets. Many sci-tech projects have greatly contributed to production development and improving people’s lives. Localities have been facilitating technology transfer in production Application and efficiency Ta Duc Hien, director of the center for science and technology application of Thai Nguyen Province said his center has transferred technologies and production models from universities and research institutes to farmers. For example, the center transferred mushroom production techniques to hundreds of households in Thai Nguyen, helping them generate improved revenues. Each household grew mushrooms on an average area of 1,000 square meters, earning about VND300-400 million a year. Nguyen Van Chuc, director of the center for science and technology application of Bac Giang Province said one of the outstanding technologies received … [Read more...] about Provinces focus on applied sci tech transfer, implementation
Savipharm recognized as sci-tech firm
Savipharm recognized as sci-tech firmBy Chi Thinh Savipharm chairman and general director Tran Tuu at a science-technology certificate awarding ceremony on August 27 - PHOTO: CHI THINH HCMC – Savi Pharmaceutical JSC (Savipharm) was granted a science-technology certificate by the HCMC Department of Science and Technology on August 27, making it the first pharmaceutical firm to obtain the certificate, and benefiting from many incentives offered by authorities. The number of enterprises that have been granted a science-technology certificate is on the rise. Certificates were issued to six new firms in 2017, and the figure has increased fivefold over the first eight months of 2018. Since its establishment in 2005, Savipharm has adapted a science and technology model to research and manufacture products and has trained its staff in applying science and technology to boost the company’s development. On receiving the certificate, enterprises can enjoy many incentives. … [Read more...] about Savipharm recognized as sci-tech firm
Vingroup establishes sci-tech fund
Vingroup establishes sci-tech fundThe Saigon Times Daily Professor Vu Ha Van introduces the fund at a seminar on Vietnam’s artificial intelligence development - PHOTO: VIETNAMPLUS HCMC - Vietnam’s largest property developer, Vingroup, has established a fund worth VND1 trillion (US$42.9 million) to support research projects on science and technology applications, according to local media. At a seminar on Vietnam’s artificial intelligence (AI) development held by the Ministry of Science and Technology on August 21, U.S.-based Yale University’s Professor Vu Ha Van, director of Vingroup’s Big Data Research Institute, who will help manage the fund, noted that the fund will officially go into operation early next year. Van stated that the fund will assist domestic universities and research institutes in conducting research projects on computer science, AI, robotics, automation, nanotechnology, renewable energy and new-generation materials, with a … [Read more...] about Vingroup establishes sci-tech fund
Mekong Delta farmers urged to mobilize sci tech
(VEN) - The application of science and technology (sci-tech) in the Mekong Delta is vital if the region is to promote agricultural restructuring, reach sustainable development and contend with increasing climate change. As the largest agricultural and fishery center in Vietnam, the Mekong Delta should take the lead in sci-tech application in agricultural development Advantages At the 2018 Mekong Delta Agriculture and Fishery Technology Forum on May 25 in the southwestern city of Can Tho, Deputy Minister of Science and Technology Tran Van Tung said sci-tech application is greatly changing agricultural management and production in the Mekong Delta. It has helped reduce input materials and product and labor costs, ensure food safety, minimize negative environmental impacts, and control productivity and quality, Tung said. As the largest agricultural and fishery center in Vietnam, the Mekong Delta should take the lead in applying sci-tech in agricultural development, he … [Read more...] about Mekong Delta farmers urged to mobilize sci tech
Vietnam, Cuba tighten sci tech ties
(VEN) - A delegation of the Vietnamese Ministry of Science and Technology visited Cuba last month and met with officials of the Cuban Ministry of Science, Technology and Environment. The two sides affirmed the need to further strengthen and expand bilateral science and technology (sci-tech) cooperation. During his official visit to Cuba in late March, Vietnamese Party General Secretary Nguyen Phu Trong (standing, left) and President Raul Castro Ruz, the First Secretary of the Communist Party of Cuba Central Committee, attended the signing ceremony of a memorandum of understanding (MoU) on strengthening sci-tech cooperation between their countries A Vietnamese Ministry of Science and Technology representative noted that the two countries signed a government-level framework agreement on sci-tech cooperation in 1997. At the 35th session of the Vietnam-Cuba Inter-government Committee held in October 2017 in Hanoi, the two sides affirmed the importance of cooperation in … [Read more...] about Vietnam, Cuba tighten sci tech ties
Vietnam expanding international sci tech cooperation
(VEN) - International science and technology (sci-tech) integration has enabled Vietnam’s sci-tech development and provided with it access to cutting-edge technology. Agreements, more agreements The Ministry of Science and Technology says international cooperation and integration is an important channel for Vietnam to access foreign management expertise and mobilize technological and financial resources for the country’s sci-tech development. Vietnam has scientific and technological relations with almost 70 countries and territories, including Russia, Japan, the US, Germany, and Finland. It has also joined 100 international sci-tech organizations, and signed and implemented more than 80 government-level and ministerial-level sci-tech cooperation protocols. Vietnam has reached many cooperation agreements in the fields of biotechnology, advanced material technology, space technology, atomic energy and new energy, and projects on enhancing national sci-tech capacity, such as … [Read more...] about Vietnam expanding international sci tech cooperation