FIRST grants VIELINA US$3mn to develop new technologies

Friday, Jan 15, 2016 17:24

Tran Quoc Thang, FIRST's Director, and Nguyen The Truyen, VIELINA's Director sign the agreement between two bodies. — VNS Photo Hoang Son
HA NOI (Biz Hub) — The Fostering Innovation through Research, Science and Technology (FIRST) project on January 15 signed an agreement granting US$3 million to the Vietnam Research Institute of Electronics, Informatics and Automation (VIELINA).

VIELINA, a unit under the Ministry of Industry and Trade, will receive the amount within 24 months from FIRST, a project launched by the Ministry of Science and Technology and the World Bank, to design and develop internationally standardised integrated control systems for coal mining and energy industries.

The agreement will also help VIELINA improve its labour quality to provide better research products and consultancy services for big electronics and informatics projects in the country.

VIELINA expects the agreement will help the institute become a high-quality research unit in the region and become a high-quality research institute in the region, which is capable of designing and developing internationally standardised technological products.

FIRST is a project, initiated by the Ministry of Science and Technology and the World Bank in 2013, aims to help improve the efficiency of science and technology development in order to increase productivity and competitiveness for Viet Nam's economy.

FIRST will provide financing sources for science and technology projects that run in five major areas, including mechanic engineering and automation, technology development for biology and agriculture, and development of new materials, in addition to information and communication, and commodities and public services.

VIELINA is a sub-unit under the Ministry of Industry and Trade established in 1985, working to study and develop based applications for electronics, informatics and automation industries. — VNS

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