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For business community
with businesses and the market. High schools should
- It is necessary to learn modern methods such as lean also include creative entrepreneurship content in some
start-up, innovative start-up, and innovation. Regularly lessons, to nurture the spirit of entrepreneurship early
reviewing the business model to detect and adjust for students.
products and services to suit the ever-changing needs of - Enterprises, especially state-owned enterprises
the market. and multinational corporations, should be encouraged
- Changing perceptions about teaching and applying to increase investment in vocational training in order
innovation. Vietnamese businesses need to realize that to finance training programs according to their needs
the direct participation of lecturers and students in and participate in the design and construction process.
collaborative projects is a potential investment with curriculum and programs.
long-term benefits. Activities such as receiving students,
creating opportunities to directly experience, learn, or 6. Conclusion
participate in innovation development cooperation will During the reform process from the 1990s to the
become a stepping stone to build a team of potential and present, Viet Nam has made great efforts to apply
experienced human resources in the future. innovation to promote sustainable economic growth and
- Enterprises need to have policies to support start- development. The Socio-Economic Development Strategy
ups, encourage scientists at universities to participate in for the period 2011-2020 has emphasized the importance
innovation projects of enterprises. of science, technology, and innovation, especially driven
- Priority should be given to strengthening internal by the industrialization and modernization process of the
creative capabilities in all types of businesses – from country. In fact, Viet Nam has a "golden opportunity" to
design, to manufacturing, to marketing, to information break through and accelerate through the promotion of
technology and to R&D capabilities. innovative activities. To take advantage of this opportunity,
- Attracting foreign investment with high knowledge the author makes some recommendations for promoting
content and facilitate spillover effects from foreign innovation in Viet Nam's economy in the coming time.
enterprises to domestic enterprises. A pilot program
of public-private partnerships in R&D and innovation References:
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institutions and enterprises, including foreign enterprises. lon-in-linh-vuc-science-hoc-construction-listening-va-oi-moi-sang-tao.
For universities 2. Chu Thi Bich Ngoc (2021). Promoting innovation for economic development. The
Review of Finance (Vietnamese version) May, 2021.
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that are more practical and suitable for businesses. breakthroughs in productivity, quality, efficiency and competitiveness of the
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should be made to maintain a close relationship, with a 8. Nguyen Anh Duc (2021). Solutions to promote innovation of Vietnamese startups,
high level of trust and commitment between the business Economics and Forecasting Journal No. 11, April 2021.
and the university that will help maximize the flexibility 9. Research and Development Center for Science and Technology Communication
of the parties, enhance information sharing and effectively (2020). Comprehensive Innovation to promote Viet Nam's economic growth and
promote cooperation results. development.
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of feasibility study products, and at the same northeastern.edu/graduate/blog/importance-of-innovation/.
time cooperate with enterprises in the production,
distribution and consumption of products. Universities Author’s information
should develop priority cooperation programs for Pham Trung Hai, MSc
innovative startups with the business community. University of Economic and Technical Industries
Along with that, training activities need to be linked Email: pthai@uneti.edu.vn

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