The bank is focusing on technology transfer projects and encouraging Japanese small and medium-sized enterprises to set footholds and expand in Vietnam.
The issue of weak technology transfer amongst Vietnamese enterprises has again been raised at the forum “Interconnecting Model to Promote and Develop The Market of Science & Technology in Vietnam” recently held by Ministry of Science and Technology in cooperation with Vietnam Chamber of Commerce and Industry.
The linkages between domestic and foreign direct investment (FDI) business have not been as good as expected, even weaker than Laos and Cambodia, resulting in a low development of supporting industries and technology transfer.
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According to the World Economic Forum 2016, the efficiency of technology transfer via Foreign Direct Investment (FDI) in Vietnam is very low and tends to lag far behind other countries in the region. Vietnam currently ranks 103rd, compared to Malaysia ranking 13th.
