Factors affecting the development of science and technology in Vietnam: The Case Study from Ho Chi Minh City

Abstract

In today's era, science and technology is a component that plays a very important role in the socio-economic development of each country or nation. The process of international integration in Vietnam in general and Ho Chi Minh City in particular, science and technology make an important contribution to transforming the growth model from breadth to depth, improving productivity, quality, efficiency, and competitiveness of the economy, thereby increasing incomes and improving living standards for all people and ensuring national defense and security. However, science and technology in Ho Chi Minh City currently have many shortcomings such as not becoming the leading driving force in the development process, scientific and technological capacity, and innovation still being limited, there are few innovation activities and research and development in the business sector, etc. Many factors that create opportunities and pose challenges currently affect science and technology development in Ho Chi Minh City. Therefore, the urgent issue now is to fully and deeply identify and have reasonable strategies, take advantage of opportunities, and overcome threats to promote the role of science and technology. Technology has important theoretical and practical significance. The article is done by qualitative method with analytical, synthesis, and historical methods for presentation and analysis.