Ready to realize the aspiration of making Vietnam a pioneer country in science, technology and innovation

(CPV) - With a team of experienced experts and modern facilities, the Institute of Technology Strategy and Innovation is ready to cooperate with domestic and foreign organizations to realize the aspiration of making Vietnam a pioneering country in science , technology (S&T) and innovation (I&I).

Immediately after the Prime Minister issued the "National Strategy on research, development and application of blockchain technology to 2030", on October 24, 2024 , the Ministry of Science and Technology signed Decision No. A-2719 to establish the Institute of Technology Strategy and Innovation (STI) to mobilize private resources to join the Party and Government in implementing policies and strategies on digital transformation and green transformation.

An activity of the Institute of Technology Strategy and Innovation attracts many people's attention.

STI has 6 main goals and missions: Planning strategies and policies on science, technology and innovation; Researching technology trends to orient the development of key economic sectors; Promoting the development of the startup ecosystem and science and technology enterprises; Strengthening international cooperation in the field of science, technology and innovation; Providing policy consulting services and highly applicable science and technology information; Training and improving the capacity of high-quality human resources to serve the development of science, technology and innovation.

Dr. Nguyen Trung Kien, Director of the Institute of Technology Strategy and Innovation, said: “Education will determine the development of a country, so STI's goal is to become a leading center for research, training, development and application of Blockchain and Fintech technology in Vietnam. STI will also popularize knowledge about Blockchain, aiming for sustainable development but still being breakthrough due to the trend of technology in the new era. In particular, many startups in the field of new technology such as Blockchain and Fintech today often do not understand the law, do not have a clear strategic direction, lack experience in operations and how to access capital from domestic and international investment funds. Therefore, STI cooperates comprehensively with the Vietnam Singapore Creative Startup Investment Fund (VNS Capital) as well as partners to help startups in the field of Blockchain, Fintech, AI, etc. have a systematic strategic direction as well as capital to develop effectively in the Vietnamese market. and reach out to the world".

With the foundations from the previous activities of the members of the Board of Management, each year, STI will organize and coordinate hundreds of training programs, seminars, and discussions on technology, Blockchain, and Fintech for professionals and investors in the technology field and dozens of conference programs for startups in Vietnam and the international market.

To achieve the above goals, STI has determined to focus on expanding the team of professional lecturers to 50 people, and at the same time regularly consulting on the development of technology projects, building business strategies, promoting the expansion of sustainable relationships between investors, decentralized investment funds and startups in the field of Blockchain technology.

In addition, the Institute will also coordinate with universities to organize training courses and certification programs for students, professionals and startups, promoting the development of open online learning platforms (MOOC - Massive Open Online Course) on Blockchain.

"STI will mobilize private resources to work with the Party and Government to implement policies on digital transformation and green transformation, aiming to make Vietnam a leading country in blockchain by 2030 according to the National Strategy," Director Nguyen Trung Kien affirmed.

In recent years, Blockchain and Fintech technology have become an inevitable development trend globally. According to a report by Markets and Markets, the global blockchain market is expected to reach 39.7 billion USD by 2025, growing at a CAGR of 67.3% in the period 2020-2025. According to Statista, the revenue of the global fintech market is estimated to reach 188 billion USD by 2024, double the 112 billion USD in 2019.

In Vietnam, the Government has soon recognized the importance of Blockchain and Fintech in promoting national digital transformation. Many policies and legal documents have been issued to create a favorable legal corridor for the development of new technologies. Typically, Decision 2117/QD-TTg approving the Project "Promoting the sharing economy model" and Directive 16/CT-TTg on enhancing capacity to access the Fourth Industrial Revolution. Thanks to that, the blockchain and fintech ecosystem in Vietnam is gradually taking shape and developing, with the participation of many large enterprises such as FPT, VNG, Napas, Viettel Pay, MoMo,...

On October 22, 2024, the Prime Minister issued Decision No. 1236/QD/TTg on the "National Strategy on Research, Development and Application of Blockchain Technology to 2030". This is an important milestone demonstrating the Government's determination to promote the application of blockchain in practice, aiming to make Vietnam one of the top 50 countries in blockchain development by 2030. The strategy sets out 5 key tasks, including: (1) Completing the legal framework, standards, and technical regulations; (2) Supporting businesses in applying and developing blockchain-based products and services; (3) Developing high-quality human resources; (4) Promoting international cooperation and technology transfer; (5) Communication to raise social awareness. To implement the strategy, the Government plans to mobilize about VND4,000 billion from the state budget and other socialized resources in the period up to 2030.

Source: https://dangcongsan.vn/khoa-hoc/sti-san-sang-hien-thuc-hoa-khat-vong-dua-viet-nam-tro-thanh-quoc-gia-tien-phong-ve-khcn-va-dmst-683903.html