Conference connects overseas Vietnamese with innovative start-up opportunities at home
A high-level conference was held in Hanoi on October 8 with the aim of connecting Vietnamese individuals, investors, and businesspeople abroad with investment and innovative start-up opportunities at home.
A cooperation agreement on innovative startup ecosystem connectivity is signed at the conference (Photo: hanoimoi.com.vn)
Hanoi (VNA) - A high-level conference was held in Hanoi on October 8 withthe aim of connecting Vietnamese individuals, investors, and businesspeopleabroad with investment and innovative start-up opportunities at home.
The HoChi Minh Communist Youth Union in Hanoi, the Vietnamese Youth and StudentAssociation in the US, the Office of Project 844 on supporting the nationalstartup and innovation ecosystem until 2025, and the Ministry of Science andTechnology co-organised the event.
In hisremarks, Deputy Minister of Science and Technology Tran Van Tung said Vietnam’sinnovative start-up ecosystem is developing strongly and any and all ideas fromstudents at home and abroad are encouraged.
UNESCOChief Representative in Vietnam Michael Croft said innovation and creativity are majordevelopment factors in each individual as well as each city.
Withinthe framework of the conference, the Hanoi Youth Union, the Hanoi YoungBusiness Association, and the VietChallenge JSC signed a cooperation agreementon innovative startup ecosystem connectivity.
The event also featured seminars and the launch of the AI Hackathon1010 RESET programming contest by the Hanoi Youth Union./.
Cobtain – a group of Vietnamese students, beat thousands of contestants from over 30 countries to become the winner at the SAGE Global 2020 Competition with their idea of recycling corn cobs into agricultural products.
An online discussion was held on September 24 as part of the Asia Berlin Summit 2020, focusing on promoting startup and innovation ecosystems in Vietnam.
GS Caltex Corp, the second largest refiner by sales in the Republic of Korea, said on October 7 that it has signed a deal worth 39 billion VND (1.6 million USD) with Vietnamese startup VI Automotive Service in its first investment in the Southeast Asian country.
With a number of initiatives on how to develop the local economy, many young people have returned to northern Bac Ninh province to enrich the land and improve livelihoods.
The national festival for innovative startups, Techfest Vietnam 2020, will take place at the National Economics University in Hanoi from November 27-29.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
A cooperation agreement on innovative startup ecosystem connectivity is signed at the conference (Photo: hanoimoi.com.vn) 
