Local products are mostly manual-work content higher than intellectual content as Vietnamese enterprises only spend 0.2-0.3 percent of their turnover on technology renovation.
Most of Vietnam's export products are raw materials, while the products all have low added value.
According to World Economic Forum's report Vietnam ranks 64th among the 104 nations.
The figure is well below India and South Korea, which spend 5 and 10 percent respectively on technology research and development.
The percentage of renovated equipment in Vietnam is 8 to10 percent every year, while the figures are between 15 to 20 percent in other regional countries.
Country's knowledge-based economy development index was 2.9 percent last year, a modest figure.
Its most apparel exports were outsourced products.
Domestic garment enterprises merely make the final product for foreign partners, and so do other industries.
Experts have attributed unsuitable policies relating to science and technology to the underdevelopment of industries, as these policies do not encourage creativeness.
Vietnam has enacted the Technology Transfer Law and Intellectual Property Law, although the technology market has not been developed yet.
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