Australia assists Vietnam in measuring the contribution of technology to GDP growth

The Australian Government has just announced the research support “Technological change in Vietnam – How technology contributes to productivity and economic growth” within the framework of the Aus4Innovation program.

This research will be conducted in 2020 through a partnership between Data61, Australia’s leading digital research organization under under the CSIRO (Australian Organization for Scientific and Industrial Research) and the Ministry of Science and Technology. Once completed, this A $ 500,000 study will provide models to assess the impact of research and technology application on productivity and GDP growth in Vietnam.

The study was conducted this time based on recommendations from the report “Future of Vietnam’s digital economy to 2030 and 2045” published in 2019 also sponsored by the Australian Government. This report proposes an indicator to measure the economic impact of innovation activities, thereby promoting the development of Vietnam’s innovation ecosystem and building the necessary capacities. to meet challenges and opportunities, such as Industrial Revolution 4.0. Carrying out this study with Data61 will help to inherit results from similar studies done in Australia as well as other developed and developing countries.

This research is funded through Aus4Innovation, a four-year cooperation program (2018-2022) with a total budget of AU $ 11 million to reinforce its innovation system and prepare for Vietnam’s digital future. Male. The program is co-sponsored by the Australian Department of Foreign Affairs and Trade (DFAT) and InnovationXchange (IXC), managed by the Australian Organization for Scientific and Industrial Research (CSIRO) with the strategic partner of Vietnam Ministry of Science and Technology.

Mrs. Robyn Mudie – Australian Ambassador to Vietnam – said this study shows that Australia and Vietnam can work together to bring high-level cooperation in innovation between the two countries into real projects. and makes sense. We are very proud to bring to Vietnam the team of Data61. By working with the Ministry of Science and Technology, the research team together with the Ministry’s experts develop powerful and effective models, reinforcing evidence-based decision-making, and thereby helping in the early stages. investment in science and technology and innovation bring higher value.

Mr. Bui The Duy – Deputy Minister of Science and Technology – shared, we are very excited about this research because this is the first time such a study has been conducted in Vietnam. This is a good opportunity for us to approach innovative and innovative ways of policy making.

Productivity and Quality Office