Aus4Innovation is an AUD 11 million development assistance program that aims to strengthen Vietnam's innovation system, prepare for and embrace opportunities associated with Industry 4.0, and help shape Vietnam's innovation agenda in science and technology.
Initiative overview
In November 2017, Australia and Vietnam announced the creation of the Australia-Vietnam 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 6.7 million) development assistance program being enacted under the Australia Vietnam innovation partnership. Its central objective is to strengthen Vietnam's innovation system, prepare for and embrace opportunities associated with Industry 4.0, and help shape Vietnam's innovation agenda in science and technology. Through the Aus4Innovation program, Australia and Vietnam 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 foresighting, scenario planning, commercialisation and innovation policy.The initiative has the following objective(s):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)
Commonwealth Scientific and Industrial Research Organisation (CSIRO)|Vietnam's Ministry of Science and Technology