Deputy Minister of Science and Technology Tran Van Tung made the comment during a conference in Hanoi, which discussed the role of venture investment in Vietnam’s technology commercialisation.
By 2015, Vietnam expects to have 3,000 businesses applying research-based models in science and technology.
The ministry aims to promote technology commercialisation towards the Silicon Valley Model , which is a venture investment fund for assisting newly-started and sci-tech enterprises in developing their ideas and sample products into commercial products.
Speaking at the event, Bora, a venture investor from the Silicon Valley network said the investment trend helps enterprises not only make profits, but also realise their dream and passion
