Thousands of startup initiatives and products, OCOP items, and standout rural industrial goods are on display at the TechFest Quang Nam 2024, an innovation startup promotion event that opened in Tam Ky city of the central province on June 6.
At the opening ceremony of the TechFest QuangNam 2024 (Photo: VNA)
Quang Nam (VNA) – Thousands of startup initiatives and products, OCOP items, and standout rural industrial goods are on display at the TechFest Quang Nam 2024, an innovation startup promotion event that opened in Tam Ky city of the central province on June 6.
The five-day event, the fifth of its kind in Quang Nam so far, drew the attendance of many localities and five universities seeking investment opportunities to develop their startup ecosystem.
Speaking at the opening ceremony, Acting Chairman of the provincial People’s Committee Ho Quang Buu said boasting an array of national- and international-scale activities, the event is a good chance for the participants to expand connectivity, promote digital technology application to introduce their innovative products, and spread the startup spirit, contributing to the local socio-economic development.
Meanwhile, Deputy Minister of Science and Technology Hoang Minh highlighted that the techfest encourages the community to protect intellectual property and strengthen trade in the digital era, and provides organisations and individuals with effective tools for innovation that create business advantage for sustainable development.
Various conferences and forums are scheduled in the framework of the event, with the participation of experts from the Republic of Korea, Japan, the Philippines, Azerbaijan, and Kazakhstan, and Vietnamese startup support organisa💞tions./.
The Ministry of Science and Technology (MoST) and Australia’s Monash University on September 20 organised the first “International TECHFEST in Australia”, aiming to attract international resources to develop Vietnam’s innovative startup ecosystem.
With its biodegradable bioplastics product made from organic waste and technology exclusively patented, BUYO Bioplastics became the champion of the National Innovation Technopreneur Contest TECHFEST Vietnam 2023.
Vietnam maintained its third position in the number of investment deals and regained the third place in terms of total investment in startups in Southeast Asia.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
