NIC leads national innovation ecosystem: Minister

The Innovate Vietnam 2024 event takes place in the context of Vietnam’s robust transformation towards digital economic development.

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The National Innovation Centre (NIC) has been creating a favourable environment for businesses, startups and researchers to develop and apply new cutting-edge technologies. (Photo: Vietnamplus)

Hanoi (VNA) - Vietnam’s innovation ecosystem is thriving, attracting the involvement of businesses, scientists and talented young people.

On October 1, the NIC hosted the opening cermony of the Innovate Vietnam 2024 event, reflecting on the journey of innovation and inspire new ideas for the future.

Minister of Planning and Investment Nguyen Chi Dung noted that the centre was established by the Prime Minister on October 2, 2019.

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Minister of Planning and Investment Nguyen Chi Dung. (Photo: Vietnamplus)

Looking back on the past five years, Minister Dung highlighted the centre’s positive contributions to establishing, developing, and leading the national innovation ecosystem.

Specifically, the NIC has contributed to the building and refining of mechanisms, policies, and laws on innovation and startups.

The centre also plays a core, pioneering and leading role in the Vietnamese innovation ecosystem, especially in key technology sectors such as artificial intelligence (AI) and semiconductors.

NIC in particular and Vietnam in general have become trusted partners of the global leading technology corporations and innovation hubs such as SK Korea, Google, NVIDIA, Meta, and Samsung.

Notably, the NIC has completed two facilities in Hanoi and Hoa Lac Hi-Tech Park, which, with a total area of over 30,000 square meters, are the largest innovation promotion facilities in Vietnam and the region.

In addition, the NIC has established 10 Vietnamese innovation networks across 20 countries and territories with more than 2,000 members who are experts and intellectuals.

The NIC has helped Vietnamese innovative enterprises and start-ups access high-quality and professional resources in finance, investment, communication, technology, and digital transformation.

The centre has supported the incubation of more than 1,000 startups, connected more than 1,500 innovative and start-up enterprises, organized and co-hosted more than 100 competitions and awards for innovative and start-up enterprises.

In particular, the centre has trained more than 10,000 individuals in innovation and start-up and implemented the Digital Talent Development Programme, providing more than 60,000 scholarships for digital talents.

Minister Dung highlighted the centre’s proactive implementation of the semiconductor human resource development programme, and establishment of mutually beneficial cooperative relationships with many of the world’s leading semiconductor partners like Qorvo, ARM, Marvell, Cadence, Synosyps, NVIDIA, and Siemens.

With these achievements, the NIC has contributed to raising Vietnam’s position in the global innovation index. The country ranked 44 out of the 133 countries and territories in 2024./.

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Innovate Vietnam 2024 has gathered leading figures from Vietnamese and foreign technology industries. (Photo: Vietnamplus)

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