Domestic technologies not attractive to Vietnamese businesses

The State budget every year funnels big money into national scientific research projects, but discoveries by scientists seem to have little significance in the eyes of businesses. Nguyen Huy Van, Deputy general director of Traphaco, a pharmacy firm, commented: “Scientists only show their initial ideas.” In other words, scientists’ works can show good results at laboratories. However, they are still far from being brought into life. Pham Xuan Mai from Truong Hai Automobile said, enterprises would rather buy technologies from overseas than rely on domestic technologies, because it is safer to do this.

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