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Thursday, January 20 2022
Tiếng Việt
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Date 01/10/2021-16:23:00 PM
Launching Ceremony of USAID Workforce for Innovation and Start-up Ecosystem (WISE)
(MPI) – The Ministry of Planning and Investment and the United States Agency for International Development (USAID) jointly launched the Vietnam Workforce for Innovation and Start-up Ecosystem (WISE) project on October 01st, 2021. The two-year USAID-funded project is expected to advance continued economic transformation.
Deputy Minister Tran Duy Dong had the opening speech. Photo: MPI

Deputy Minister Tran Duy Dong at the opening said that the world was entering the third decade of the 21st Century with rapid changes of the Fourth Industrial Revolution (4IR), spreading widely in all sectors of socio-economic life. Vietnam is also carrying out some major strategic tasks to restructure the economy, promoting growth and transforming the extensive growth model to both extensive and intensive on in an effective way while expanding the scale and focusing on quality and efficiency improvement.

The socio-economic development strategy for 2021-2030 of the Vietnamese Government has set the goal to become a developing country with modern industry and upper-middle income by 2030; having modern, competitive, effective and efficient management institutions; developing dynamic, rapid, sustainable, independent and autonomous economy based on science, technology and innovation in accordance with efficient improvement in foreign affairs and international integration.

One of the basis for developing a dynamic, rapid and sustainable economy is to effectively take advantage of the 4IR’s opportunities, own and widely apply new technologies in socio-economic fields; steadily create new technologies to promote the growth model renewal and economic restructuring associated with implementing strategic breakthroughs and modernizing the country; strongly developing the digital economy; and fast and sustainably developing based on science and technology, innovation and high-quality human resources, etc.

According to the Global Innovation Index 2021 recently published by WIPO, Vietnam ranks the 44th among the 132 countries/economies. In the context of the complicated on-going COVID-19 with many unpredictable impacts, greatly affecting the society-economy, science-technology and innovation globally, the fact that Vietnam still maintains its position in the Top 50 leading countries is a considerable effort.

As an office of strategic advisory for the Party and Government, since 2019, the MPI has advised the Prime Minister to establish NIC to perform plans, policies and innovation orientation of Vietnam in the 4IR through supporting andpromoting innovation and start-up ecosystems, contributing to innovating the growth model based on science-technology development and innovative business and management models.

Photo: MPI

Vietnam's innovation ecosystem is expected to have passed the quantitative development phase and now entering the core phase. For upskilling and reskilling the domestic workforce to meet the needs of the economy in the digital era and adapt to the new normal, the collaboration between NIC and USAID to carry out the project “Workforce for Innovation and Start-up Ecosystem” (WISE) is absolutely necessary and timely to improve the quality of human resources for the 4IR and the future digital economy for Vietnam.

WISE Projects is antipated to carry out five critical goals: basic digital skills training for students and people entering the workforce for the first time; building a dynamic, high-quality market for upskilling and reskilling in digital skills; promoting innovative financial products for education; enhancing capacity for organizations and enterprises participated in workforce development for innovation and digital transformation; effectively building and operating the Innovation Partnership Program for human resource development and the 4IR.

Deputy Minister Tran Duy Dong highly appreciated and thanked Vietnam USAID for supporting and coordinating with the MPI, specifically NIC to carry out this project. He believed that WISE would achieve stated goals thanks to Vietnam’s young workforce with high internet penetration and quick access to technology. This is an advantage for Vietnam to improve the quality of human resources for innovation and digital technology, helping Vietnamese enterprises deeply participate in the digital economy and make use of the 4IR.

At the launch event, as stated by Mission Director Ann Marie Yastishock of Vietnam USAID, USAID WISE showcased the U.S. Government’s commitment to partner with Vietnam during its economic transformation and to help advance the National Strategy, which centers on mastering and integrating new advanced technologies, spurring innovation, and accelerating the growth of the digital economy.

Mission Director Ann Marie Yastishock of Vietnam USAID. Photo: MPI

USAID WISE is funded by USAID with an approximately USD 2 million budget, implemented by Nathan Company, MBI and partners cooperating with the Vietnamese Government. The project is part of US Support for Economic Growth in Asia (US-SEGA) and implemented by USAID Asia to analyze, design and implement pilot projects/activities in all fields for economic development.

USAID WISE will support scalable, market-driven and sustainable models to prepare Vietnam’s workers for 4IR via partnerships with the private sector. The project will build basic digital literacy, provide 4IR career pathways information to make smart talent investments, provide information and communication technologies, upskilling/reskilling for lifelong learning, and explore innovative financing mechanisms for 4IR skills acquisition. NIC, as the representative of the Government of Vietnam will be the key partner for USAID WISE. The project will enhance the capacity of NIC and link government agencies in human resource development to help effectively upskilling and reskilling the workforce for innovation.

Another important activity is that USAID WISE will support Vietnam’s efforts to emphasize 4IR skills development opportunities to all demographics by devoting special focus on women and vulnerable groups to bridge the digital gap in the nation. This priority is consistent with the USAID Digital Strategy and will deliver long-term impact in Vietnam through an information and communication technology sector that features leaders, coders, designers, and technicians that advance the use and development of a spreading 4IR in Vietnam’s economy.

In the panel discussion, the panelists, which were directors, founders from enterprises such as OhmniLabs, FPT Software Academy, TopCV, FUNiX shared some point of views on enterprises’ resource needs for innovation and digital transformation in Vietnam./.

Ministry of Planning and Investment

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