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The kist in South Korea and the issues on the establishment of the V-KIST in Vietnam

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In order to make science and technology (S&T) to really play a core role in improving labor productivity and competitiveness of the economy, besides of clear identification and deep understanding of the position of S&T as “a top national focused policy”, the issues of the rational development of the hierarchy of scientific research institutions and especially the mechanisms for linking S&T to production, which are in line with market economy institutions, are very decisive. | 69 THE KIST IN SOUTH KOREA AND THE ISSUES ON THE ESTABLISHMENT OF THE V-KIST IN VIETNAM Bui Tat Thang1 Vietnam Institute for Development Strategies Ministry of Planning and Investment “The two sides agreed that the development of science and technology plays an important role in the sustainable development of Vietnam. The both sides welcome the signature of an agreement to establish the Vietnam-Korea Institute of Science and Technology (V-KIST) in the form of a project of the Korea International Cooperation Agency (KOICA) and agreed to cooperate to make this project a successful model of development cooperation between the two countries” (Vietnam-South Korea Joint Statement - 9th September 2013). Abstract: In order to make science and technology (S&T) to really play a core role in improving labor productivity and competitiveness of the economy, besides of clear identification and deep understanding of the position of S&T as “a top national focused policy”, the issues of the rational development of the hierarchy of scientific research institutions and especially the mechanisms for linking S&T to production, which are in line with market economy institutions, are very decisive. While establishing such mechanisms, South Korea successfully built the KIST model and expanded it into its entire S&T research system. Currently, the South Korean government has been helping Vietnam to build the V-KIST Institute following the model of South Korea's KIST. During the implementation of the VKIST, what are the key issues that Vietnam should pay attention for to achieve the expected success? Keywords: S&T; KIST; V-KIST; Vietnam; South Korea. Code: 17042001 The development of national S&T capacities and the introduction of S&T results into production activities are ones of top concerns of all economies. The sustainable development of the national economy should based on the enhancement of its labor productivity. The labor productivity, in its turn, depends on numerous factors .