Vietnam’s biggest event for innovative startups slated for next month

The national festival for innovative startups, Techfest Vietnam 2020, will take place at the National Economics University in Hanoi from November 27-29.
  • 14 million USD invested in start-ups at Techfest
Visitors at a booth in Techfest Vietnam 2019 (Source: VNA)
Visitors at a booth in Techfest Vietnam 2019 (Source: VNA)

The annual festival, the biggest of its kind, is jointly organised by the Ministry of Science and Technology, and other ministries, sectors, localities and socio-political organisations.

Themed "Adaptation - Transformation - Breakthrough", Techfest Vietnam 2020 will be structured into 12 technology villages that are expected to have at least 250 booths from potential startups and attract nearly 300 local and international investors, 150 corporations, enterprises and startup supporting organisations to attend both virtually and physically.

Notably, social impacts on innovative startups’ solutions and business models will be clearly presented in the Social Impact Technology Village, which will be coordinated by the United Nations Development Programme in Vietnam (UNDP Vietnam).

This year, the Ministry of Science and Technology will also coordinate with partners to organise a High-Level Policy Dialogue, in which the Government leaders will hold a discussion with the innovative startup community on how to solve difficulties in conducting business and create a favourable environment for the growth of startups.

VNA

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