Vietnamese innovative startups should strive to become regional, international “unicorns”: PM
Prime Minister Pham Minh Chinh urged domestic innovative startups to work harder to become “unicorns” of the region and the world while addressing the key ceremony of the National Innovative Entrepreneurship Day 2022 (Techfest Vietnam 2022) in the southern province of Binh Duong on December 3.
Prime Minister Pham Minh Chinh and other delegates visit an exhibition displaying innovative startup products and services. (Photo: VNA)
Binh Duong (VNA) – Prime Minister PhamMinh Chinh urged domestic innovative startups to work harder to become “unicorns”of the region and the world while addressing the key ceremony of the NationalInnovative Entrepreneurship Day 2022 (Techfest Vietnam 2022) in the southernprovince of Binh Duong on December 3.
The Party and the State always advocate stepping up thegrowth model based on scientific-technological applications and innovations inorder to raise productivity, quality and competitiveness of the nationaleconomy, he stressed, referring to a range of relevant policies and guidelines adoptedby the Party and the State as well as projects launched by the Government,ministries, agencies and localities in support of startups.
Highlighting Vietnam’s increasing position in internationalrankings in this regard, the PM, however, pointed to the gap between Vietnamand countries in the region and the world in the innovative startup ecosystem.
To narrow the gap, ministries, agencies and localitiesshould take solutions associated with innovative startups, combine internal andexternal resources, and carry forward traditions, culture and the spirit ofsolidarity and self-reliance of Vietnamese people in these efforts, the PMnoted.
The State has directed, coordinated and devisedinstitutions and policies, and created a favourable environment for innovativestartups, he affirmed.
Chinh expressed his hope that through Techfest,managers, investors, scientists, innovative startups, and localities will getvaluable experience to further support the domestic ecosystem, and called formore contributions to it.
In his remarks, Minister of Science and Technology HuynhThanh Dat said Techfest Vietnam 2022 seeks solutions to the sectors greatly affectedby the COVID-19 pandemic and having potential such as health care, educationand energy.
Earlier, PM Chinh and other delegates visited anexhibition displaying innovative startup products and services.
Held annually since 2015, Techfest Vietnam aims topromote innovative solutions from startups in the age of rapidly developingtechnology, and attract experts, intellectuals, domestic entrepreneurs andoverseas Vietnamese to develop the economy.
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Prime Minister Pham Minh Chinh and other delegates visit an exhibition displaying innovative startup products and services. (Photo: VNA) 
