Metaverse Village set up, connecting startups in virtual reality
Metaverse Village made its debut and a symposium on Metaverse was held in the central city of Da Nang on June 15 within the framework of TECHFEST Vietnam 2022.
Da Nang (VNA) – Metaverse Village made its debut and a symposium onMetaverse was held in the central city of Da Nang on June 15 within the frameworkof TECHFEST Vietnam 2022.
A metaverse is a network of 3D virtual worlds focused onsocial connection. In futurism and science fiction, the metaverse is ahypothetical iteration of the Internet as a single, universal and immersivevirtual world that is facilitated by the use of virtual reality and augmentedreality headsets.
Vo Duc Anh, Deputy Director of Da Nang’s Innovation andStartup Support Centre and head of the Metaverse Village, said that thevillage is formed and oriented to become a national gateway for managers,researchers, experts, groups, investment funds, startup organisations, and individualsoutside and inside Vietnam to support start-ups, thus contributing topromoting the building of digital economy, digital society and digital citizen,and turning Vietnam into a centre for innovation in the region.
Delegates launch the Metaverse Village (Photo: VNA)
The establishment of the village contributes to gradually bringingvirtual reality technology to life, and aims to help Vietnamese startups gainaccess to the latest technology platforms, catch up with global trends and createnew values in the field of virtual reality technology in Vietnam.
In 2022, the village sets targets of supporting 800businesses in joining Metaverse platform sponsored by Bizverse World – a memberof the village; organising activities to seek potential Metaverse projects;participating in the Metaverse Forum in the Republic of Korea; establishing aMetaverse Scholarship Fund to sponsor doctoral postgraduates in digitaleconomy, blockchain, meta economy, smart city model on Metaverse.
The symposium themed “Decode and dialogue with the future”gathered representatives from over 10 investment funds, and over 250 delegateswho are domestic and foreign managers, policymakers, and experts.
Vietnam’s technology startups brought their latest productsto introduce at the event./.
Vietnamese people now can enjoy a virtual reality tour to Taiwan (China) while riding an exercise bike, using a VR headset, at California Fitness & Yoga Centres.
The National Innovative Entrepreneurship Day (Techfest Vietnam 2022) was launched on March 22, aiming to promote innovative solutions from start-ups amid the strong technology development, attracting resources from domestic experts, intellectuals, entrepreneurs and overseas Vietnamese.
The investment capital flow is eyeing blockchain projects, offering significant opportunities for Vietnam where this technology was booming to have unicorns in the global blockchain market.
Vietnam is not only an exciting market for the application of Blockchain technology in the digital era, but also one of the leading countries in encouraging research and application of new technology in everyday life.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
Illustrative image (Photo: baodautu.vn) 
Delegates launch the Metaverse Village (Photo: VNA) 
