Vietnam Poised for Technological Revolution: Insights from Cambridge Expert

Vietnam is poised for a technological transformation, as highlighted by Assoc. Prof. Dr. Nguyen Dang Bang. Key advantages include a youthful population, economic growth, and infrastructure. For success, emphasis should be placed on institutional reforms and strategic focus areas. Dr. Bang advocates for enhanced educational frameworks and engagement with global scientific experts to stimulate innovation in Vietnam’s tech landscape.

In a recent discourse with the Vietnam News Agency in London, Assoc. Prof. Dr. Nguyen Dang Bang from the University of Cambridge’s Judge Business School highlighted Vietnam’s potential for a significant technological transformation. He pointed out several advantages, including a youthful, technology-oriented population and robust economic growth, combined with modern infrastructure such as expansive airports and seaports, which supports its integration into global supply chains across various sectors.

Dr. Bang emphasized that unlike other countries reliant on outdated manufacturing technologies, Vietnam stands to become a leader in smart manufacturing, especially in areas such as semiconductors, advanced chip production, and quantum computing. To exploit these advantages fully, he insisted on the necessity for institutional reform, which is imperative to foster an environment where scientists can innovate without hindrance, urging the government to implement clear policies and action plans to realize scientific aspirations.

He suggested that the government should focus its limited resources on three to four high-impact sectors with distinct timelines and significant potential returns in the next 10-15 years while allowing private enterprises to lead in less critical fields, with state oversight to maintain a balanced ecosystem. Drawing from his extensive experience in teaching and research, he called for a comprehensive reevaluation of university ecosystems to facilitate stronger connections with global institutions and experts in science and technology, ensuring students gain access to pioneering ideas.

Promoting early science education is another of Dr. Bang’s recommendations, suggesting primary and secondary schools engage students through hands-on activities to foster curiosity. Furthermore, he encouraged the government to enhance the environment for both multinational and local companies to invest in research and development within Vietnam, highlighting the need for tax incentives and a dedicated task force to attract R&D investments from leading global firms.

Describing Vietnam as a nation possessing a notable international network of scientific expertise, Dr. Bang urged governmental engagement of these experts in various roles to further bolster the nation’s scientific and technological capabilities, benefiting both public and private sectors.

In conclusion, Assoc. Prof. Dr. Nguyen Dang Bang outlines a promising future for Vietnam in the realms of science and technology. With a young population, competitive industry sectors, and institutional reforms, Vietnam is positioned to take significant strides in digital transformation and smart manufacturing. Strategic investment and enhanced educational initiatives will be pivotal in turning these aspirations into reality.

Original Source: en.vietnamplus.vn