The conference aims to forge a strategic alliance among the Government, Scientists, and Businesses to foster innovation and sustainable development in the digital era.
The Triad of Development for the Innovation Ecosystem
In his opening remarks, Labor Hero Hoàng Đức Thảo, Chairman of the Vietnam Association of Science and Technology Enterprises (VST), emphasized: “Now more than ever, Vietnamese businesses and scientific intellectuals must embrace market leadership, technological self-reliance, and a pioneering spirit. We must dare to think, act, and invest in research and commercialization of scientific and technological products, working together to take immediate action.”
Mr. Thảo stressed that Vietnam, in the context of globalization and international integration, must proactively engage in the global value chain. To achieve this, Vietnamese businesses need to continuously elevate innovation, commercialize research, and strengthen national competitiveness.
At the conference, Mr. Trần Xuân Đích, Deputy Director of the Department of Startup and Technology Enterprise Development, affirmed: “This conference is not just a policy forum but a genuine convergence of the ‘Three Houses’: the Government, Scientists, and Businesses. Each has a distinct role, yet all share the common goal of national development through science, technology, and innovation.”
The “Three Houses” model serves as a critical “development triangle,” where each party holds a vital link in transforming knowledge into practical products. When the Government, Scientists, and Businesses unite, the flow of knowledge, policy, and market synergies will create new momentum for Vietnamese innovation.
The Government’s role is to establish policy frameworks, institutions, incentives, and support mechanisms for science and technology enterprises. Scientists provide knowledge, research, inventions, technical solutions, and technology. Businesses invest, experiment, commercialize research outcomes, and bring products to market.
Delegates agreed that only when these three pillars are tightly linked can Vietnam develop a growth model based on science and technology, rather than relying on cheap labor or resource exploitation.
Innovation – The Key to Sustainable Growth in the Digital Age
The conference highlighted that for science and technology enterprises to thrive, Vietnam must establish a comprehensive support ecosystem encompassing preferential policies, access to capital, legal and intellectual property consulting, and connections between research institutions, universities, and businesses.
The conference also showcased successful case studies from various business models, demonstrating the effectiveness of the three-party collaboration.
In agriculture, Tiến Nông and ThaiBinh Seed closely collaborate with research institutions and universities to develop smart crop varieties and fertilizers, helping farmers enhance productivity and adapt to climate change.
In pharmaceuticals and medicinal herbs, Savipharm and Sao Thái Dương invest heavily in research and development, mastering formulation technology to provide high-quality products and reduce import dependency. Infrastructure companies like Busadco exemplify successful commercialization of research outcomes, implementing urban drainage, flood control, and environmental protection solutions.
A panel discussion featuring scientists, business leaders, and government officials…
These examples illustrate that the alliance is not just a concept but a practical reality, creating tangible value for society—from agriculture and healthcare to urban environments, meeting diverse needs and fostering international integration.
During the conference, the Platform for Connecting Businesses, Scientists, and the Government was introduced by the research and development team. In the future, the platform is expected to facilitate more collaborations between research institutions, universities, and businesses. As research is tested, implemented, and commercialized more rapidly, the economy will gain new momentum for growth.
OCB Solidifies Its Position as a Transparent and Sustainable Bank with a Series of Prestigious Awards
In a rapidly evolving market landscape, regulatory standards in the financial sector are becoming increasingly stringent. Amidst this, Orient Commercial Bank (OCB) has once again demonstrated its exceptional standing by securing prestigious accolades. Notably, OCB stands as the only bank to be honored with the “Outstanding Progress in Corporate Governance” award at VLCA 2025 and has also been recognized among the Top 10 Sustainable Enterprises in Vietnam (CSI 2025).
Unlocking Global Capital: Elevating Corporate Governance for International Investment Appeal
On December 5, 2025, the Vietnam Institute of Directors (VIOD) hosted its 8th Annual Forum (AF8) under the theme: “Breakthrough Board of Directors: Reaching Regional Heights, Building Trust and Reputation in the Capital Market.”
Experts Converge at World Tea Fest to Discuss Tea’s Role as a Bridge for Health, Culture, Dialogue, Education, and Community Prosperity
On the morning of December 6th, as part of the International Tea Festival 2025, the Tea Summit took place at Tea Resort Prenn in Da Lat, bringing together professors, artists, association presidents, and renowned domestic and international experts. The discussion sessions offered multifaceted perspectives, ranging from culture and economics to in-depth research, contributing to shaping the future development strategy of Vietnam’s tea industry.
Billions Saved Through Operational Optimization at Dung Quat Refinery
At Dung Quat Refinery, the LCO-HDT unit is engineered to eliminate sulfur and impurities from LCO feedstocks originating from the RFCC unit. However, BSR’s engineering team identified an opportunity to optimize the unit’s operational mode, reducing energy consumption while maintaining product quality.
EVNGENCO3 Secures Spot in Top 20 Best Annual Reports for Non-Financial Sector in 2025
At the 2025 Vietnam Listed Company Awards (VLCA) and Listed Company Conference held on December 3, 2025, Power Generation Corporation 3 – JSC (stock code PGV – HoSE) was honored to receive the Top 20 Best Annual Reports award in the non-financial sector category.
