Hanoi, Dec. 25 -- The National Foundation for Science and Technology Development (NAFOSTED) on December 24 held a workshop in Hanoi on the application and development of Vietnam's newly launched portal for scientific, technological and innovation initiatives, aimed at promoting the commercialisation of new ideas.

In his opening remarks, Associate Prof. Dr. Dao Ngoc Chien, Director of NAFOSTED, stressed that digital transformation is now an essential requirement rather than a choice, and innovation has become a key driver of national growth. Initiatives generated by scientists, businesses or people all have the potential to deliver major socio-economic value if properly identified and supported, he said.

However, he noted that many promi...