Science commercialization guidebook for Vietnam to be released via Australian program

May 15th, 2021

A science commercialization guidebook for Vietnamese universities and research institutions would be announced next Tuesday, the Australian Embassy in Vietnam said.

Robyn Mudie, Australia’s ambassador to Vietnam, told a meeting with Minister of Science and Technology Huynh Thanh Dat Thursday the guidebook is one of many achievements of the Aus4Innovation development assistance program.

The AUD10 million ($7.7 million) program aims to strengthen Vietnam’s innovation system, prepare for and embrace opportunities associated with Industry 4.0, and help shape Vietnam’s innovation agenda in science and technology.

The guidebook, written in both Vietnamese and English, has already been completed and published in both printed and online forms. It should help guide researchers regarding the commercialization processes in Vietnam, Mudie said.

Australia would increase sponsorship for the first phase of Aus4Innovation with an extra AUD3.5 million until 2022 to support several new program initiatives and prepare for the second phase, expected to be conducted until 2025, she said.

Minister Dat said he highly regarded the scientific and technological achievements resulting from the Vietnam-Australia strategic partnership. Cooperation between the two countries would bring practical results for research institutions, universities and businesses of both sides. Dat also wished both countries would soon organize an event to showcase the program’s achievements once the Covid-19 pandemic is put under control.

In Vietnam’s vision for development until 2045, science, technology and innovation has been determined to be a “strategic breakthrough” that would help propel it to become a country with modern industries in 2030 and a high-income nation in 2045. International collaboration and integration is one of the key methods for Vietnam to improve its scientific and technological prowess, he said.