Coteccons received the Achievement Award to honor the members of Vietnam Stock Market

On May 24, 2025, Vietnam National University Ho Chi Minh City (VNU-HCM) and Coteccons Construction JSC officially signed a comprehensive Memorandum of Understanding (MoU), marking a key milestone in realizing the “Three Pillars” collaboration model: Government – Academia – Business. More than a conventional partnership, this MoU reflects a long-term commitment by all three stakeholders to co-build an innovation-driven ecosystem where knowledge, technology, and people converge for sustainable development. The signing takes place as Ho Chi Minh City accelerates the implementation of the Politburo’s Resolution No. 57-NQ/TW, which identifies science, technology, innovation, and digital transformation as breakthrough drivers for national growth. The “Three Pillars” model—Government, Academia, and Business—has been defined by VNU-HCM as a strategic triangle and a cornerstone of the national innovation ecosystem. As Assoc. Prof. Dr. Vu Hai Quan emphasized: “Effective three-way collaboration must follow a shared operating principle: co-design, co-implement, and co-share. When enterprises, universities, and government agencies come together to solve major challenges and share the risks, I believe we will achieve our national aspiration to become a high-income developed country by 2045.” Accordingly, the parties will jointly define research goals and share financial benefits derived from successful applications. When this “strategic triangle” functions effectively, it enables the country to leapfrog development stages and break free from the middle-income trap. Speaking at the event, Mr. Tran Luu Quang – Head of the Central Economic Commission – affirmed that the “Three Pillars” collaboration, as guided by Resolution 57-NQ/TW, is the only path toward a brighter future