Prime Minister Nguyen Xuan Phuc has recently signed a decision to set up the Vietnam National Innovation Center (NIC) under the Ministry of Planning and Investment.
The establishment of the Vietnam National Innovation Center aims to support and develop a startup ecosystem in Vietnam. (Illustrative image. Source: VNA)
Hanoi (VNA) – Prime Minister NguyenXuan Phuc has recently signed a decision to set up the Vietnam NationalInnovation Center (NIC) under the Ministry of Planning and Investment.
The establishment of the center aims to supportand develop a startup ecosystem in Vietnam and promote innovation as well as thegrowth model based on scientific and technological development.
The PM assigned the Ministry of Planning andInvestment to specify the functions, tasks, power and apparatus of the center,and approve its organisation and operation regulations.
He asked the ministry to mobilise, manage anduse legal resources from domestic and foreign organisations and individuals toserve the center’s operation in line with the country’s law.
The Ministry of Science and Technology wastasked to work with the Ministry of Planning and Investment to direct themanagement board of Hoa Lac Hi-Tech Park to support the completion ofprocedures to put the center into operation.
The Ministry of Finance was requested to workwith the Ministry of Planning and Investment to issue documents guiding themanagement and use of aid packages for the center./.
Medlink – the supplier of a platform for direct connectivity among drug companies and pharmacies has won the first prize of VietChallenge 2019, an annual startup competition for Vietnamese entrepreneurs from all over the world.
A national startup festival for students will take place from October 4-5 in the Hanoi University of Technology, aiming to encourage innovation startup spirit for students across the country.
Startups from various sectors joined in an investment day in Ho Chi Minh City organised by Zone Startups Joint Stock Company to seek investments and present their businesses.
The Ho Chi Minh City Innovation, Startup and Entrepreneurship Week (WHISE 2019) will take place from October 15-19, announced the municipal Department of Science and Technology on October 2.
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.
The establishment of the Vietnam National Innovation Center aims to support and develop a startup ecosystem in Vietnam. (Illustrative image. Source: VNA) 
