Deputy PM: Businesses need support in market access

Thursday, 2019-01-10 12:19:37
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The meeting of the Steering Committee of National Science and Technology Programme (Photo: VGP)
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NDO/VNA - The Government needs to support enterprises that invest in science and technology to create national products, especially in market access, advertising and protecting their trademarks, said Deputy Prime Minister Vu Duc Dam.

Accessing markets is the biggest challenge for these enterprises, Dam said while chairing a meeting of the Steering Committee of National Science and Technology Programme.

He said most Vietnamese businesses are small and medium sized. Although they produce a lot of products, not many of them are recognised as typical national products.

Therefore, the Deputy PM, who is also head of the steering committee, suggested that the Ministry of Science and Technology (MoST) urge enterprises to register national products.

“To be recognised as national ones, products have to meet certain criteria. Once they become national products, they would be promoted and protected by the State and the whole community,” Dam said.

Due to limited resources for national science and technology programmes, priority should be given to sectors that Vietnam had potential in, he said.

A report delivered at the meeting by MoST showed positive results have been made in the national product development programme, national high-tech development programme and national renovation technology programme over the past few years.

While emphasising the need to continue implementing these programmes, participants also pointed out shortcomings which need to be dealt with, including solving obstacles relating to financial mechanisms for investment in science and technology.

It is necessary to synchronise mechanisms which link the three national programmes with incentives relating to loans, bank credit and development funds, they said.

Special support should be given to enterprises which have national or high-tech products in the domestic market. They should also be helped to advertise themselves overseas.