WEF Chairman hails Vietnam for facilitating start-ups
Executive Chairman of the World Economic Forum (WEF) Prof. Klaus Schwab has hailed the role of the Vietnamese government, including the Ministry of Science and Technology (MoST), in improving business climate and encouraging start-ups and innovations.
Minister of Science and Technology Chu Ngoc Anh (Source: VNA)
Hanoi (VNA) – Executive Chairman of the WorldEconomic Forum (WEF) Prof. Klaus Schwab has hailed the role of the Vietnamesegovernment, including the Ministry of Science and Technology (MoST), in improvingbusiness climate and encouraging start-ups and innovations.
During a meeting with Minister of Science and Technology ChuNgoc Anh in Hanoi on September 11, Schwab lauded Vietnam for creating anenvironment that facilitates the mastery of new technologies involvingartificial intelligence and robotics.
According to him, the WEF has opened centres on industrialrevolution 4.0 in Beijing and Singapore, and will focus on building a similarfacility in Vietnam in the next 12 months.
Minister Anh, for his part, appreciated the initiative bythe WEF and the WEF Chairman himself on holding an open forum on start-ups andinnovation within the WEF ASEAN 2018 framework. He said the forum gave Vietnama chance to acquire valuable information from domestic and foreign communitiesas well as from WEF experts to develop a start-up ecological system in thecountry.
The MoST is working closely with other ministries andagencies to build a science-technology and innovation strategy with vision to2035 and a scenario for the fourth industrial revolution in Vietnam.
Both sides expressed their delight at the development ofties between the WEF and Vietnamese government, including growing ties betweenthe WEF and MoST.-VNA
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Minister of Science and Technology Chu Ngoc Anh (Source: VNA) 
