Seminar delves into innovation roles in Vietnam's digital transformation

The biennial scientific event serves as a platform for the discussion of issues related to leadership, management, and new development methods that have profound impact on the world, the region, and Vietnam.

Politburo member and HCMA President Nguyen Xuan Thang shared Vietnam's vision for development based on innovation and creativity, which highlights a people-centred model of stability, innovation, rapid growth, and sustainability.

Thang, who is also Chairman of the Central Theory Council, noted that to achieve the goal of rapid and sustainable development, the Southeast Asian nation has placed significant emphasis on investment in education, training, and science and technology. However, it is still facing a considerable lag behind some regional and developed countries in terms of innovation and of making innovation a primary driver of economic growth.

He went on identifying pillars of the innovation-based development driving locomotives, which include accelerating the national digital transformation, enhancing the role of enterprises, and establishing a favourable institutional environment. Above all, he stressed the human factor must play a decisive role, with creative thinking linked to the development of the nation's future generations.

Participating managers, experts, and scientists engaged in comprehensive discussions and evaluations of the results achieved in implementing relevant policies, laws, and regulations. They analysed and assessed current legal provisions, mechanisms, and policies to help enterprises innovate to improve productivity and drive economic growth.

The seminar put forward suggestions to enhance the national sci-tech capacity and innovation system, with the aim of making them a true push for Vietnam's development in the near future.