Conditions for establishment of a hi-tech park in Vietnam

Conditions for establishment of a hi-tech park in Vietnam (Internet image)

Regarding this issue, LawNet would like to answer as follows:

1. What is hi-tech park?

According to Clause 1, Article 31 of the Law on High Technologies 2008, hi-tech park is a place where hi-tech research, application and development; hi-tech incubation or hi-tech enterprise incubation; hi-tech human resource training; hi-tech product manufacture and trading; and hi-tech service provision activities are concentrated and connected.

2. Tasks of hi-tech park in Vietnam

According to Clause 2, Article 31 of the Law on High Technologies 2008, tasks of a hi-tech park include:

- To conduct hi-tech research, application and development; hi-tech incubation or hi-tech enterprise incubation; hi-tech human resource training; hi-tech production; or hi-tech service provision activities;

- To connect hi-tech research and application, hi-tech human resource training, and hi-tech production activities;

- To train hi-tech human resources;

- To organize fairs, exhibitions and displays of hi-tech products turned out as a result of hi-tech research and application;

- To attract domestic and overseas resources for promoting hi-tech activities.

3. Conditions for establishment of a hi-tech park in Vietnam

According to Clause 3, Article 31 of the Law on High Technologies 2008, conditions for establishment of a hi-tech park:

- Such establishment must be compliant with the State’s policies on hi-tech and hi-tech industrial development and tasks defined in Clause 2 of this Article;

- The park must have an appropriate area and a location favorable for transport and linkage with high-level research and training institutions;

- The park must have favorable technical and service infrastructure meeting the requirements of hi-tech research, application and development; hi-tech incubation or hi-tech enterprise incubation; hi-tech trial production; or hi-tech service provision;

- The park must have professional human resources and managerial staff.

4. Regulations on hi-tech application agricultural parks in Vietnam

Regulations on hi-tech application agricultural parks according to Article 32 of the Law on High Technologies 2008 are as follows:

- Hi-tech application agricultural park is a hi-tech park concentrating on the application of hi-tech research and development achievements to agriculture for the performance of tasks defined in Clause 1, Article 16 of the Law on High Technologies 2008.

- Tasks of a hi-tech application agricultural park:

+ To research the application of. test and demonstrate hi-tech agricultural production models;

+ To link hi-tech research and application and production activities in agriculture;

+ To train hi-tech human resources in agriculture;

+ To organize fairs, exhibitions and displays of agricultural products with hi-tech application;

+ To attract hi-tech investments and human resources at home and abroad for conducting hi-tech application in agriculture.

- Conditions for establishment of a hi-tech application agricultural park:

+ Such establishment must be compliant with the agricultural development strategy and plans and tasks defined in Clause 2 of this Article;

+ The park must have an area and natural conditions suitable to each type of agricultural production, and a location convenient for cooperation with high-level research and training institutions;

+ The park must have adequate technical and service infrastructure meeting the requirements of research, training, testing and demonstration for hi-tech application in agriculture;

+ Having professional human resources and managerial staff.

- The Ministry of Agriculture and Rural Development shall assume the prime responsibility for. and collaborate with the Ministry of Science and Technology and concerned ministries, ministerial-level agencies and provincial-level People’s Committees in, submitting to the Prime Minister for decision the setting up of hi-tech application agricultural parks, and for promulgation their operation regulations.

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