Emphasis on Mindset Shift and New Growth at Innovation Day 2026

Speaking at the Innovation Day 2026 ceremony, Minister of Science and Technology Vu Hai Quan and Deputy Prime Minister Ho Quoc Dung emphasized that innovation begins with a mindset shift and must be strongly mobilized across all sectors of the economy.

Important Statements at Innovation Day

The Innovation Day 2026 ceremony was held under the theme "Innovation - The Driving Force for the Development of the Entire Society." The ceremony addressed the country's future vision in the field of science and technology.

Mindset Shift and Small Steps

Minister Vu Hai Quan stated that innovation is not just about major inventions, but begins with small changes and a shift in mindset that lead to great transformations. It was pointed out that established patterns can cause development opportunities to be missed.

Historical and Current Examples

Citing Nokia's failure to adapt to market changes and DeepSeek's developments in artificial intelligence as examples, Minister Vu Hai Quan stated that businesses must continue to innovate even if they are successful.

New Development Model and Efficiency

In the context where Vietnam is defining a new development model based on science, technology, innovation, digital transformation, and artificial intelligence, it was emphasized that greater value must be created through knowledge and technological mastery.

Limits of Traditional Growth Drivers

Deputy Prime Minister Ho Quoc Dung stated that traditional driving forces such as investment capital, labor, and resources no longer leave enough room for long-term high growth.

Positioning Businesses at the Center

It was stated that businesses must be placed at the center to unleash the driving force of innovation within the socio-economic system, and that innovative policies should focus on enhancing the innovation capacity of enterprises.