Aus4Innovation is an AUD 11 million (EUR 7 million) development assistance program that aims to strengthen Viet Nam's innovation system, prepare for and embrace opportunities associated with Industry 4.0, and help shape Viet Nam's innovation agenda in science and technology.
Name in original language
AUS4INNOVATION
Initiative overview
In November 2017, Australia and Viet Nam announced the creation of the Australia-Viet Nam Innovation Partnership. The partnership recognises that innovation systems are critical to driving sustainable and inclusive economic growth that lifts. The Aus4Innovation program is an AUD 11 million (EUR 7 million) development assistance program being enacted under the Australia Viet Nam innovation partnership. Its central objective is to strengthen Viet Nam's innovation system, prepare for and embrace opportunities associated with Industry 4.0, and help shape Viet Nam's innovation agenda in science and technology. Through the Aus4Innovation program, Australia and Viet Nam will together explore emerging areas of technology and digital transformation, trial new models for partnerships between public and private sector institutions, and strengthen Vietnamese capability in digital foresight, scenario planning, commercialisation, and innovation policy.The initiative has the following objectives:To promote innovation and build Vietnamese capability in areas such as strategic foresight, scenario planning, commercialisation, and innovation policy.
Name of responsible organisation (in English)
Ministry of Science and Technology |Commonwealth Scientific and Industrial Research Organisation (CSIRO)
