Illustrative image (Source: VNA)Hanoi (VNA) – The Australiangovernment has announced its support for Vietnam to carry out research on theeffects of technology innovation on productivity and economic growth in thecountry, according to the Embassy of Australia in Vietnam.
The study is part of the Aus4Innovation - acooperation programme between the Vietnamese and Australian governments in2018-2022 with a total budget of 11 million AUD (7.05 million USD) tostrengthen the innovation system and prepare for the digital future of Vietnam.
The research project will be carried out in 2020with a funding of 500,000 AUD (320,475 USD) via collaboration between Data61 –a leading digital research powerhouse under the Australian CommonwealthScientific & Industrial Research Organisation (CSIRO) and Vietnam’sMinistry of Science and Technology.
Once completed, the project will introducemodels to assess the impact of technology applications on productivity and GDPgrowth in Vietnam.
Australian Ambassador to Vietnam Robyn Mudiesaid the study is an example showing that the two countries could turn theirhigh-level cooperation in innovation into practical and meaningful projects.
Deputy Minister of Science and Technology BuiThe Duy said this is the first time such a study has been carried out inVietnam, offering a good chance for the country to approach new and creative methodsin building policy.
The research project is conducted based on recommendationsfrom a report on Vietnam's Future Digital Economy through 2030 and 2045announced last year. The report was also funded by the Australian government./.
VNA
