Vietnam's top leader backs tech mastery drive for global competitiveness

Party General Secretary To Lam has underscored the importance of developing homegrown technological capabilities as Vietnam seeks to strengthen its position in global markets. Speaking on the matter, To Lam emphasized that the country requires more enterprises capable of mastering advanced technologies while building internationally recognized brands and establishing production networks that can compete on the world stage.

The top leader outlined a framework for measuring progress, noting that achievements over the coming five to ten years should be reflected in concrete improvements across three key metrics: productivity levels, the quality of employment opportunities, and Vietnam's competitive standing in international markets.

This push for technological self-reliance comes as Vietnam grapples with the challenge of transitioning from low-cost manufacturing toward higher-value production. The emphasis on developing domestic technological expertise reflects concerns about the nation's long-term economic sustainability and its ability to reduce dependence on foreign technology transfers.

Vietnam's leadership has increasingly prioritized innovation and technological advancement as core pillars of economic strategy, signaling that companies failing to invest in research and development and brand-building may face challenges in maintaining competitiveness.