Techfest Vietnam 2024: Springboard for global startup success

The National Innovative Entrepreneurship Day (Techfest Vietnam 2024), the 10th of its kind, wrapped up in the northern port city of Hai Phong on November 28, with nearly 10,000 visitors, over 1,100 speakers and leading experts, and more than 200 foreigners taking part.

A foreign speaker addresses Techfest Vietnam 2024 (Photo: VNA)
A foreign speaker addresses Techfest Vietnam 2024 (Photo: VNA)

Hai Phong (VNA) – The National Innovative Entrepreneurship Day (Techfest Vietnam 2024), the 10th of its kind, wrapped up in the northern port city of Hai Phong on November 28, with nearly 10,000 visitors, over 1,100 speakers and leading experts, and more than 200 foreigners taking part.

Co-hosted by the Ministry of Science and Technology and the municipal People’s Committee, the two-day event showcased nearly 400 exhibition booths, brimming with groundbreaking products and technological solutions from dynamic startups.

A highlight was the more than 50 in-depth investment matchmaking sessions, which laid the groundwork for pivotal partnerships and opened doors to promising opportunities.

In his closing remarks, Deputy Minister of Science and Technology Hoang Minh said Techfest Vietnam 2024, with the guidance and attendance of Prime Minister Pham Minh Chinh, along with representatives from ministries, agencies, localities, organisations, and start-ups, vividly embodied the theme “Joining hands to develop Vietnam's innovative startup ecosystem”.

Vietnam has moved beyond its initial phase and is now progressing toward deeper integration in global and regional innovative startup ecosystems, he said, adding that the trust and support from the Government, the PM, ministries, local authorities, businesses, investment funds, and employers form a robust foundation for the sustainable development of the domestic innovative startup ecosystem in the years to come.

Vice Chairman of the municipal People’s Committee Hoang Minh Cuong affirmed that Techfest Vietnam 2024 would contribute to Hai Phong's socio-economic development while supporting its goal of becoming a modern, smart, and sustainable industrial hub of global and regional prominence. The event also plays a vital role in fostering the formation, growth, and connection of components within the innovative startup ecosystems across cities and provinces nationwide, linking them with leading global ecosystems.

The PM’s instructions and the feedback at the event will be collected to refine the legal framework and policies, creating more favourable conditions for innovative startups and investors, he said./.

VNA

See more

Prof. Dr. Tran Hong Thai, President of the Vietnam Academy of Science and Technology (VAST), has a working session with leaders of Russia’s State Atomic Energy Corporation Rosatom. (Photo: VNA)

Vietnam, Russia develop quantum technology cooperation roadmap

Quantum technology is an emerging field undergoing rapid breakthroughs and requiring enormous investment resources. Learning from the experience of pioneering countries such as Russia will enable Vietnam to significantly shorten the time needed to build its workforce and develop endogenous capabilities.

Senior Vice-President of Latin America and Asia at Thales Group Guy Bonassi (L) at a meeting with Vietnamese Ambassador to France Trinh Duc Hai (Photo published by VNA)

Vietnam, France should expand cooperation in strategic fields: business leader

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam’s visit to France, Guy Bonassi, Senior Vice-President of Latin America and Asia at Thales Group, said the upgrade of bilateral ties to a Comprehensive Strategic Partnership reflects their shared desire to deepen and broaden cooperation, with technological autonomy, resilience and human resources development assuming increasingly important roles.

The Vietnamese delegation led by Deputy Prime Minister Ho Quoc Dung visits the Korea Institute of Science and Technology (KIST). (Photo: VNA)

Vietnam, RoK promote strategic technological cooperation

Deputy Prime Minister Ho Quoc Dung proposed expanding joint research programmes, particularly in strategic areas where Vietnam has development needs, and KIST has strengths, including semiconductor integrated circuits, AI, batteries and energy storage, and biotechnology.

Digital transformation brings economic benefits closer to businesses

Digital transformation brings economic benefits closer to businesses

In addition to streamlining processes and reducing the time required to complete administrative procedures, digital models are creating more opportunities for businesses, household enterprises and small traders to access information, adopt new payment methods, connect with partners and expand their markets.

Images are collected and processed at a satellite image receiving station. (Photo: VNA)

Vietnam, France explore new space technology cooperation opportunities

Building on the effectiveness of VNREDSat-1, Vietnam and France are continuing to promote cooperation in the next phase, including a proposal for VNREDSat-2. The two sides have discussed technological options, resources and an implementation roadmap, with a view not only to developing a new-generation satellite but also to increasing Vietnam’s level of participation and technological capabilities.

Using AI to search and process legal information (Photo: VNA)

Legal profession reshaped in age of artificial intelligence

In Ho Chi Minh City, digital transformation in the legal profession is not simply about introducing more technology into professional practice. It must also create ways of working that ensure technology serves people, while lawyers retain control and responsibility for the quality of legal services. This is particularly important in a metropolis with a large-scale economy and diverse legal needs.

Vietnamese youths learn about AI application scenarios at the China-ASEAN AI Application Cooperation Centre in Guangxi. (Photo: VNA)

China’s Guangxi fosters AI cooperation with Vietnamese localities

During his visit to China and Guangxi in April, General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam expressed a desire to further expand cooperation between Vietnam, particularly border localities, and Guangxi in areas including AI.

Hanoi Market Surveillance officers inspect products showing signs of violations of regulations on product labelling, advertising and intellectual property. (Photo published by VNA)

Positive progress recorded in tackling intellectual property rights infringements

To raise public and business awareness while improving the effectiveness of preventing and dealing with infringements, the Ministry of Science and Technology will continue working with other ministries, sectors and localities to strengthen intellectual property protection and enforcement on a regular, continuous and sustained basis, with no prohibited areas or exceptions.