Abstract:
The major problem facing Vietnam is that its private sector, and small and medium enterprises (SMEs) in particular, are not yet sufficiently competitive in the process of international economic integration. Vietnam's development strategy aims towards effective economic growth, and its success depends to a large extent on the development of the private sector which consists mainly of SMEs. This brief recommends building an integrated national innovation system with strong links between enterprises themselves and research institutes, as well as a research and technology infrastructure where activities can be adapted to local needs and capabilities.
