Scientific and technological development (STD) is considered as one of the important factors to businesses to improve productivity. Although many policies to support STD of the Government have come into effect, it is noted that the implementation has many problems, including capital, tax, technology transfer...
Preferential loan policy should be more open
Based on Resolution No. 20-NQ/TW of the 11th Party Central Committee's Executive Committee on scientific and technological development in service of industrialization and modernization in the socialist-oriented market economy and international integration, there have been many new policies and mechanisms promulgated by the Government as well as ministries, branches, and localities to create favorable conditions for enterprises to invest in science and technology to renovate production.
However, according to enterprises, although there are many preferential policies, the access to preferential capital sources has difficulties and inadequacy. Nguyen Thi Ngoc Tram, Director of Thien Duoc Company (Tan Uyen town), said that policies related to STD for enterprises had been promulgated. However, there were obstacles for enterprises to invest in this before the policies took effect, such as tax reduction...

The development of science and technology market will help enterprises select appropriate technologies for production and contribute to promoting technology transfer. In photo: A booth displays machinery at Wood Industry Equipments Fair in Binh Duong lately.
Furthermore, the establishment and employment of STD Fund still had some obstacles. Many business leaders said that there were so many provisions, circulars and guiding documents to these funds, thus leading to ambiguity and unpracticality.
In addition, it is also difficult, when businesses need more capital to expand production. Hua Thi Huan, Director of Caxe Thermal and Environmental Technology Company (Di An town), said the company borrowed loans from provincial Development Investment Fund for 1 year with 0% interest rate. This capital helped Caxe to get good conditions for STD. At the moment, Caxe wants to expand production and invest in new technologies, but its security assets are not enough to borrow a loan. The more difficult thing is that the company must prove the effectiveness of the project in practice to get approval.
To develop appropriate market for technology transfer
According to preliminary assessment of science and technology agencies in the province, currently in the province, the technology transfer market has not developed strongly; technology transfers are mainly in foreign-invested enterprises through the form of parent company transfers to subsidiaries.
It is noted that technology transfer of domestic enterprises is facing many obstacles. Namely, enterprises have not yet had a habit and not fully evaluated the role of technology investment in the long-term sustainable development strategy; the lack of capital, complicated administrative procedures are also obstacles to enterprises to do technology transfer. Ly Ngoc Minh, General Director of Minh Long 1 Company, said that in order to improve production efficiency, Minh Long 1 itself looked for production technologies and invested millions of dollars in importing modern machinery from countries with advanced science.
Nguyen Quoc Cuong, Director of Department of Science and Technology, said that according to Law on Technology Transfer 2017, for the development of science and technology market, the law added regulations to pave the way for the development of technology supply and demand; buying inventions and innovations are effectively applied on a small scale to transfer to businesses and communities. Enterprises should understand the incentives for STD as well as sanctions in technology transfer according to the law to enhance the conversion of production technology as well as limit the transfer of old and obsolete technologies affecting environmental pollution. At the same time, businesses need to pay attention to domestic technology transfer using state capital or State budget.
Reported by Hoang Pham – Translated by Ngoc Huynh












