Vietnam Association of Science and Technology Enterprises makes debut

The Vietnam Association of Science and Technology Enterprises (VST) made its official debut and held its first congress at a ceremony in Hanoi on October 5.

At the launching ceremony for the Vietnam Association of Science and Technology Enterprises
At the launching ceremony for the Vietnam Association of Science and Technology Enterprises

Speaking at the launching ceremony, Deputy Minister of Science and Technology Bui The Duy emphasised that the association is expected to promote the development of science and technology enterprises.

Phan Xuan Dung, Chairman of the National Assembly’s Committee for Science, Technology and Environment, said that the association will contribute to developing the science and technology market in particular and the science and technology sector in general.

As head of the mobilisation board for the association’s establishment, President and CEO of Vietnam Science and Technology Joint Stock Company Hoang Duc Thao noted that the association is a social- professional organisation of science and technology enterprises that have promoted innovation activities and applied scientific and techological advances to real life.

The VST is also responsible to protect the legal right and benefits of its members as well as to coordinate with relevant agencies in developing policies to support science and technology enterprises.

The association will organise conferences, seminars, exhibitions and forums, discussing issues related to science and technology.

The VST will be managed by the Ministry of Home Affairs, the Ministry of Science and Technology and relevant agencies underthe provisions of law.