The process of domestic businesses absorbing external technology is faced with weaknesses due, in part, to the low ratio of foreign-invested high-tech projects in the country.

The transaction floor of information, technology and equipment will officially open from November 25 at 24 Ly Thuong Kiet Street, Hoan Kiem District, in Hanoi and on Techmartvietnam.vn.

Enduring the hardest-ever period, international investors in Vietnam have been heading to technology-driven new business models during 2020 in a bid to weather the storm of COVID-19, 

The Ministry of Science and Technology (MoST) will speed up a scheme on promoting the transfer, mastery, and development of technology from abroad in priority fields to 2025 with orientations to 2030.

Vietnam-Japan cooperation in the field of shipbuilding is hoped to bring great opportunities to develop Vietnam’s technology, especially in ship designing.

Vietnam and the Czech Republic will enhance environmental collaboration under an action plan for cooperation during 2020-2025 signed between the two Ministers of Natural Resources and Environment in Prague on December 13.

Russia will transfer new technologies in the spheres of IT, environment and health care to Vietnam’s Advanced International JSC (AIC) under an agreement signed in Moscow on September 15.

If Vietnam cannot prepare well to receive foreign technology conglomerates, they will come to Vietnam but will bring satellite businesses, ending up offering no jobs for Vietnamese.

Vietnam and South Africa agreed to maintain the defence policy dialogue which they consider as a strategic mechanism to promote the bilateral defence partnership and the two countries’ friendship and cooperation.

Great opportunities are available, but the capability of Vietnamese enterprises to join global supply chains remains low.

The best factories and companies from the US and Japan do not move to Vietnam, but to Malaysia, Thailand and Indonesia.

A forum on technology and energy cooperation between Vietnam and the Republic of Korea (RoK) will take place in Ho Chi Minh City from June 25 to 27.

Experts have warned of the possibility of Vietnam becoming a ‘technology dumping ground’ in the 4.0 industrial era, since developed countries are shifting to more advanced technologies and trying to liquidate outdated ones.

VietNamNet Bridge - With weak investments and poor technology, Vietnam is finding it difficult to organize hi-tech agriculture value chains.

Vietnam welcomes foreign investors, hoping that their capital and technology will help improve the country’s industry, but technology transfer has been disappointing. 

VietNamNet Bridge - Reports all show disappointing results in technology transfer from foreign-invested enterprises to Vietnamese companies. 

VietNamNet Bridge - Though it is the world’s top cashew exporter, Vietnam imports 1 million tons of cashew nuts out of 1.4 million tons of raw materials every year for processing. 

VietNamNet Bridge - One of the major purposes of Vietnam attracting foreign direct investment (FDI) in the last 30 years is to receive technology to be transferred by foreign investors. 

The import of machines, equipment and spare parts from China in the first four months of the year increased by 40 percent over the same period last year. Of this, machine imports increased by 31 percent, or $803 million, reaching $3.4 billion.