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Start-ups to be promoted in Techfest Vietnam 2017
Anh Kiet 20:26, 2017/10/06
A press conference of the Ministry of Science and Technology announced that the Techfest Vietnam 2017 is scheduled to take place in Hanoi in mid-November to promote start-up businesses.
The information was announced by Deputy Minister of Science and Technology Pham Cong Tac at a press conference in the capital on October 5.
 
 
The Techfest Vietnam 2017 was announced at a press conference of the Ministry of Science and Technology
The Techfest Vietnam 2017 was announced at a press conference of the Ministry of Science and Technology
He said this year’s festival will be held at a larger scale than the previous year and designed into start-up villages in agriculture, healthcare, new technologies and investment links.

The event also looks to promote the start-up ecosystem in Vietnam and link domestic and international start-ups via luring investment for start-up firms, providing policy consultancy on innovation, honouring start-ups and organisations for active contributions to the start-up community.
 


 

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

It also aims to connect nationwide innovation systems from cities, provinces, ministries, departments and associations to create a start-up ecosystem linking with the region and 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.
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