Staple industrial products in HCMC purposely promoted

The conference ‘Solutions to Stimulate the Development of Staple Industrial Products of Ho Chi Minh City’ has just been held by the Ho Chi Minh City (HCMC) Department of Science and Technology. It has attracted the participation of several research and educational institutes as well as businesses sited in the city.

Staple industrial products in HCMC purposely promoted

Professor Dr. Nguyen Ky Phung, Deputy Director of the HCMC Department of Science and Technology, stated in the conference that it is necessary to invite the ‘fourth partner’ who is also the investor to take part in the promotion of staple industrial products in HCMC.

At the moment, around 95 percent of businesses in the city are small- and medium-scale ones, leading to an unavoidable limit of resources. Therefore, the collaboration between educational, research institutes and companies is essential for the commercialization of a product.

Voices were raised that university researches normally focus too much on the technological aspect, yet lack the careful study on market demands. Thus, research results are usually too expensive for the market use.

There is an urgent need to form a close connection between enterprises investors, and research centers, with clear identification of rights and responsibilities of each side before any research project is launched.

At the end of 2018, the HCMC People’s Committee published the list of ‘Staple Industrial Products and Potential Industrial Products of HCMC from 2018 – 2020’.

Accordingly, the seven staple products are those from prefabricated metal, those from plastic and rubber, electric equipment, processed food, beverages, electronic and information technology products, and ready-to-wear clothes.

The group of potential industrial products includes medicines, pharmaceutical chemistry products, and pharmaceutical materials.

By BA TAN – Translated by Vien Hong

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