Techfest 2023 will kick off in May, promoting an open innovation ecosystem, creating breakthroughs for a number of Vietnamese technology fields with strengths such as education technology (edtech), medical technology (medtech), and financial technology (fintech).
The information was announced by Deputy Minister of Science and Technology Tran Van Tung at the launching event of the 9th National Innovation and Startup Festival (Techfest Vietnam 2023) on the afternoon of May 23. The series of events lasting until December aims to promote the development of an open innovation ecosystem in Vietnam.
Deputy Minister Tran Van Tung hopes that the National Techfest will help to connect and concentrate resources not only from the state but also from corporations, companies, and localities to promote the achieved results and maintain the startup ecosystem operating model.
Deputy Minister Tran Van Tung speaks at the launch ceremony of Techfest 2023. Photo: LD
Acknowledging the participation of more than 30 technology villages at Techfest this year, Deputy Minister Tung suggested promoting technology village activities in each locality, accompanying and supporting the development of the startup ecosystem. He said that the villages need to continue to set topics and call for technological solutions and innovations from localities, businesses and Vietnamese experts abroad.
Dr. Pham Hong Quat, Director of the Department of Science and Technology Market Development, Ministry of Science and Technology, shared that 2023 is showing many challenges that are global issues but can be clearly felt in Vietnam such as weather and climate affecting human health, economic difficulties... With the participation of more than 30 technology villages, Mr. Quat expects members to join in solving big problems from reality.
Mr. Pham Hong Quat shared about the evaluation of Techfest 2023 implementation. Photo: Organizing Committee
This year’s Techfest also organizes international networking activities, enhancing cooperation with countries with technological strengths such as Australia, the US, Canada, and South Korea. These activities provide opportunities for Vietnamese startups to develop their markets, attract international investment resources, and also provide an opportunity to introduce and promote Vietnam’s dynamic and innovative startup ecosystem to the world.
In addition to annual activities such as seminars and the "Search for national innovative startup talents" contest, Techfest 2023 also has a number of activities on transferring practices and investment connection models such as forming an open innovation studio, bringing initiatives to form local spaces or digital spaces to share resources for technology villages.
Techfest 2023 will promote innovative solutions in the field of foodtech associated with tourism development and exploitation of local resources; solutions for global food security and opportunities for creative startups, developing online platforms, e-commerce and new business models to support market access and create breakthroughs for selling local products.
Techfest Vietnam 2023 is organized by the National Agency for Technology Entrepreneurship and Commercialization Development (NATEC), the State Committee for Overseas Vietnamese (Ministry of Foreign Affairs), the Vietnam Science and Technology Entrepreneurship Fund (SVF), Project 844 Office, and the National Center for Supporting Innovative Startups (NSSC). Techfest was first organized in 2015, an annual activity coordinated by the Ministry of Science and Technology with organizing units over the past 8 years. Through Techfest periods, the goal is to build and promote an innovative startup ecosystem, connecting the region with the country and internationally.
Nhu Quynh
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