Vietnam and Australia to exchange knowledge in research commercialisation

Vietnam and Australia to exchange knowledge in research commercialisation

The third annual Vietnam – Australia Collaboration on Industry 4.0 roundtable has sparked thought-provoking discussions in digital commercialisation, intellectual property and research.

The promotion of bringing research to industry plays a vital role in contributing to improving productivity and quality of products and services, as well as the competitiveness of countries. Recently, the Prime Minister of Vietnam has promulgated the strategy for science, technology and innovation development to 2030 with a strong focus on “leveraging the contribution of science, technology and innovation to economic growth through scientific research and technological development activities of research institutes and universities, and technological innovation activities, improving management and organisational capacity in businesses”.

In that spirit, RMIT University and the Vietnam Institute of Science, Technology and Innovation (VISTI) under the Ministry of Science and Technology co-organised the third Australia- Vietnam Collaboration on Industry 4.0 roundtable. 

RMIT University and the Vietnam Institute of Science, Technology and Innovation (VISTI) co-organised the third Australia- Vietnam Collaboration on Industry 4.0 roundtable. RMIT University and the Vietnam Institute of Science, Technology and Innovation (VISTI) co-organised the third Australia- Vietnam Collaboration on Industry 4.0 roundtable.

It expanded on the two previous annual Industry 4.0 roundtables in 2020 and 2021, which established a framework for strategic collaboration, facilitating discussions about technology and research, and engaging Australian and Vietnamese stakeholders in the public and private sectors to explore cooperation opportunities in Industry 4.0.

The third roundtable welcomed representatives from the Vietnamese and Australian governments, universities, as well as leading Vietnamese and global corporations such as Ericsson and Dat Xanh Services.

news-4-vietnam-and-australia-to-exchange-knowledge-in-research-commercialisation Deputy Minister of Science and Technology Nguyen Hoang Giang spoke at the event.

Deputy Minister of Science and Technology Nguyen Hoang Giang emphasised the importance of public-private partnership to promote the commercialisation of research and make research applicable. Further, the research commercialisation is the shortest and highly effective way to bring knowledge from universities into production and business.

According to Dr Dinh Huu Phi, Director, Intellectual Property Office, Ministry of Science and Technology (MOST), promoting the research commercialisation would enable Vietnam to accelerate the resolution of national and global issues, in addition to attract new investment and development opportunities.

“However, for the research commercialisation to transform intangible assets into tangible assets and profits for reinvesting in operations, the most important thing is still the active role of the rights holders. Some objects of industrial property rights, including inventions, must soon carry out procedures for establishing rights, so that they can have exclusive rights to exploit and commercialise them. Basic knowledge of intellectual property rights protection and the right use of intellectual property tools at the right time is an important foundation to the success of the research commercialisation”, he stated.

news-5-vietnam-and-australia-to-exchange-knowledge-in-research-commercialisation Professor Calum Drummond, Interim Deputy Vice-Chancellor, STEM College and Deputy Vice-Chancellor Research & Innovation and Vice-President, RMIT University shared RMIT's experience in collaborating with businesses on research commercialisation.

As Co-Chair of the third Industry 4.0 roundtable, Professor Calum Drummond, Interim Deputy Vice-Chancellor, STEM College and Deputy Vice-Chancellor Research & Innovation and Vice-President, RMIT University shared RMIT's experience in collaborating with businesses on research commercialisation and the STEM College at RMIT. He also mentioned challenges and lessons learned from Australia on intellectual property in commercialisation of research.

As part of the event, RMIT University and VISTI announced the introduction of the RMIT x VISTI Innovation Connection Platform (ICP) in order to provide business solutions regarding to innovation, creativity and management fields. RMIT and VISTI will play the role of solution and scientific research provider based on actual needs of the businesses.

Professor Drummond affirmed, “In the future, we will continue to develop and promote the innovation platform, sharing our knowledge and collating knowledge from within Vietnam to create benefits for the people of Vietnam”.

He also said, “For the past six years, RMIT has been on a journey to ensure the University's research activities are increasingly relevant to the world beyond the academic world. In addition to the impact created in the academic community, through the conduct of excellent research and the publication and dissemination of new knowledge, RMIT is pursuing many different pathways to impact that lead to positive outcomes being realised beyond academia”.

Dr Kim Wimbush, CSIRO Counsellor and Aus4Innovation Program Director, Australian Embassy in Vietnam expressed his pleasure to see such a strategic collaboration between RMIT - a leading Australian university with its dynamic presence in Vietnam and VISTI – a policy advisory body to the government in the STI area. He could find great endeavour from RMIT and VISTI to establish a platform to substantially engage various players from both Australia and Vietnam in the ecosystem to collaborate and make the best of opportunities deriving from Industry 4.0.

Story: Dung Pham

20 October 2022

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