Wednesday, November 21 2018

VietNamNews

PM leads charge to develop technology

Update: November, 15/2013 - 09:34

HA NOI (VNS) — Prime Minister Nguyen Tan Dung has approved a proposal to drive development of the science and technology market by 2020, in an attempt to increase the competitiveness of technology-based products and services.

The programme aims to simplify regulations on the establishment, registration and operation of businesses in the tech sector; and provide a boost to domestic science and technology based firms currently lagging behind overseas competitors.

The programme will see the construction of national-scale trading floors in Ha Noi, HCM City and Da Nang City, while existing tech marts will be expanded.

The programme also aims to see the proportion of transactions resulting from domestic intellectual property increase to 10 per cent of total technology related sales by 2015 and 20 per cent by 2020.

The programme is expected to meet local market demand for technology in a range of sectors, and enable a higher rate of technology use nationwide. — VNS

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