Digitalisation to give motivation for enterprises’ development: Deputy PM

The Vietnam Venture Summit 2020, the second event of its kind, got underway in Hanoi on November 25, providing a dialogue platform between the Vietnamese Government and major international venture funds.
Digitalisation to give motivation for enterprises’ development: Deputy PM ảnh 1Deputy Prime Minister Vu Duc Dam speaks at the event (Photo: VNA)

Hanoi (VNA) - The Vietnam Venture Summit 2020, the second event ofits kind, got underway in Hanoi on November 25, providing a dialogue platformbetween the Vietnamese Government and major international venture funds.

Themed "Going Digital", the summit attracted the participation of1,000 delegates, including leaders of various ministries, universities, andresearch institutes across the country, along with approximately 50 foreignspeakers.

Addressing the event, Deputy Prime Minister Vu Duc Dam said Vietnam has boostedthe application of digital economy. The collective contributions made by theentire business community will serve to create synchronisation, while digitisationwill give motivation to foster business development.

Dam expressed his belief that the implementation of a digital transformationprogramme for agencies, businesses, and communities will bring about an arrayof positive benefits for the local economy, thereby helping the country developfaster and in a more sustainable manner.

During the event, Minister of Planning and Investment Nguyen Chi Dung statedthat the Vietnam Venture Summit is of great significance in motivating businessesdevelop and innovate, as well as in seeking solutions and opportunities for theVietnamese innovation ecosystem to better integrate into the global market.

The summit also helps to link investors with startups and innovators who havedevised unique ideas. Through the occasion, with the support of variousministries, departments, sectors, domestic, and foreign experts, innovativeenterprises will find new directions and reach success moving forward.

It is the time now for Vietnam to focus on promoting its innovative capacity,he said, adding that sci-tech, and innovation will represent a pillar for thenation to boost its rapid and sustainable socio-economic development.

There were numerous activities to connect innovative businesses, such asStartup-Pitching and Business-Matching within the summit’s framework.

To boost the spirit of entrepreneurship and innovation, Vietnam Venture Summitwas first launched in 2019 with the support of the Ministry of Planning andInvestment and Golden Gate Ventures. The summit became the country’s first ecosystemevent that involved key stakeholders, such as policy-makers, global investors,founders, and corporates from across the region./.
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