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Dismantling the mechanism to develop the science - technology market

​Prime Minister Pham Minh Chinh emphasized that strongly developing the science and technology market is the main task and solution to promote the development of science-technology and innovation. Thereby, creating a breakthrough in productivity, quality, efficiency and increasing the competitiveness of the economy in the context of the fourth industrial revolution.

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National Agency for Technology Entrepreneurship and Commercialization Development (Ministry of Science and Technology) signed a cooperation agreement with Dong Nai Department of Science and Technology

Still many problems

The science and technology market is a legal, investment and commercial environment where transactions, exchanges, purchase and sale of science and technology goods are operated with the orientation, regulation and support of the State.

Up to now, there are more than 800 S&T intermediaries established nationwide. In which, there are more than 20 technology exchanges in localities, 1 trading floor in the Northern Coast region. National database on science and technology information and data platform, industrial property services are operating effectively. The promotion of science and technology market continues to be maintained and promoted. Transaction value of science and technology goods increased at an average annual rate of 22%.

In Dong Nai, according to Dr. Lai The Thong, Director of the Department of Science and Technology, there are currently 5 science and technology enterprises. Products from research and application results, especially in the field of information technology, continue to be replicated. Currently, nearly 50 research products of universities in the province have been transferred to enterprises inside and outside the province. The organization and participation in Technology and Equipment Market (Techmart) events held in localities have introduced products and achievements of science and technology in the field of equipment and technology of the province. In particular, the operation of Dong Nai Online Equipment and Technology Exchange (Donatex.vn) aims to help units, businesses, individuals, science and technology organizations, institutes and universities inside and outside the province to participate in introducing and promoting technology and technological products of their units.

However, Mr. Huynh Thanh Dat, Minister of Science and Technology said that, compared with the needs of socio-economic development and other markets, the science and technology market in our country is still slow to develop. Operation still has many obstacles, not really closely linking training, research and application with production and business needs.

The barriers must be mentioned such as: the legal corridor for the operation of the science and technology market is still lacking, not in sync with relevant laws. Domestic technology supply still accounts for a low proportion. Many research results of institutes and universities have application addresses but have not been transferred. Most of the research results are only at a small scale or in the laboratory, not yet ready to be applied to production and business.

The demand for technology application and innovation by enterprises increases, but it is difficult to access a high-quality technology supply. The enterprise's ability to absorb and master technology and the quality of human resources is still low.

On the other hand, the intermediaries of the S&T market have not received adequate attention and investment. The capacity of intermediaries to provide consulting, brokerage, promotion and technology transfer services is still weak. There is a lack of intermediary organizations that act as the focal point of the system, at regional and national scale to provide quality services to meet the needs of economic development, especially the need for technological innovation application of key export industries…

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Dong Nai Department of Science and Technology signed a cooperation agreement to support localities in the field of science and technology

​Urgently remove difficulties

At the recent national online conference on developing a synchronous, efficient and integrated science and technology market, Prime Minister Pham Minh Chinh asked relevant ministries, branches and localities to focus on reviewing and removing problems. bottlenecks in institutions, mechanisms and policies for the S&T market to develop synchronously, effectively, modernly and integrate. In addition, it is necessary to develop and integrate the S&T market development plan into the 5-year and annual socio-economic development plans. Promoting the development of supply - demand of the S&T market, improve the absorption, mastery and innovation capacity of enterprises. Promoting cooperation and connection between businesses, institutes and universities.


Improving the operational capacity of intermediaries, especially large, multi-sectoral organizations associated with key export industries. Encouraging and supporting the development of intermediary organizations in the private sector. Developing a network of intermediaries on the basis of connecting technology exchanges, science and technology service organizations at research institutes, universities and enterprises with centers for application and transfering science and technology improvements.

Relevant ministries and branches need to invest in developing national technology exchanges in a number of major cities and key economic regions that have been approved by the master plan, connecting with the system of application and transfering technology of provinces and cities, connecting with regional and world technology exchanges.

Strengthening the promotion of science and technology markets in areas with many sources of high, advanced and environmentally friendly technologies, potential markets in which Vietnam has advantages through free trade agreements. Synchronously develop the national infrastructure system of the S&T market. Strengthening the training and retraining of science and technology human resources.

In addition, it is necessary to promote inter-connectivity, towards synchronizing the science and technology market with the markets of goods, services, labor and finance; public-private partnership, mobilizing social resources in the development of the science and technology market.

There are policies to encourage enterprises to import core technologies through research institutes and universities to decipher, absorb and master the technology, and accelerate the technological innovation of enterprises. At the same time, developing policies to encourage innovation, build and share large databases for artificial intelligence development.



Author: Bao Ngoc

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