Innovation in enterprises in Vietnam - Current situation and solutions
Innovation is the core activity of enterprises to develop new products, services or management processes to adapt to market fluctuations and technological advances.
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This process helps to improve the competitiveness and operational efficiency of enterprises, while contributing to promoting economic development and increasing the position of Vietnamese enterprises in the international arena. In the context of globalization and regional integration, innovation becomes an important "key" to help Vietnamese enterprises adapt and develop sustainably.
However, the current state of innovation in Vietnamese enterprises still has many limitations due to the fact that the support policies from the State are not strong and drastic enough, along with the weak and incomplete innovation ecosystem. In reality, enterprises still face difficulties in creating new creative values, improving the quality and efficiency of products and services to meet the increasing needs of customers and compete with international competitors. Meanwhile, studying the impact and evaluating the current state of innovation is extremely necessary to propose solutions to promote this process.
In the current period, to maximize the effectiveness of innovation, the government and businesses need to have strategic thinking, choose appropriate models, strongly connect with the science and technology environment and participate in the international innovation ecosystem. This will help businesses quickly adapt to market needs, improve competitiveness and aim to make Vietnam an innovation center in the region and the world.