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Techfest Vietnam 2017 to promote start-ups

The Techfest Vietnam 2017 is scheduled to take place in Hanoi in mid-November to promote start-up businesses.
Techfest Vietnam 2017 to promote start-ups ảnh 1The Techfest Vietnam 2017 was announced at a press conference of the Ministry of Science and Technology (Photo: VNA)

Hano​i (VNA) –
The Techfest Vietnam 2017is scheduled to take place in Hanoiin mid-November to promote start-up businesses.

The information wasannounced by Deputy Minister of Science and Technology Pham Cong Tac at a pressconference in the capital on October 5.

He said this year’sfestival will be held at a larger scale than the previous year and designedinto start-up villages in agriculture, healthcare, new technologies and investmentlinks.

The event also looksto promote the start-up ecosystem in Vietnam and link domestic andinternational start-ups via luring investment for start-up firms, providingpolicy consultancy on innovation, honouring start-ups and organisations foractive contributions to the start-up community.

Director of theMinistry of Science and Technology’s Department of Market Development andScience and Technology Enterprise Pham Hong Quat said the Techfest 2017 expects to highlight Vietnamas a potential destination for start-up development.

It also aims toconnect nationwide innovation systems from cities, provinces, ministries,departments and associations to create a start-up ecosystem linking with the regionand beyond, he added. The 2016 Techfest attracted nearly 170 investors and more than 3,000 visitors. With young population, Vietnam is working towards becoming a start-up nation in the Asia-Pacific Economic Cooperation (APEC). The Government targets to have one million effective enterprises by 2020.-VNA
VNA

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