Ho Chi Minh Times

Saturday, Dec 14, 2024

Vietnam’s Innovation Startup Ecosystem Takes Center Stage at Techfest 2024

Prime Minister Pham Minh Chinh opens Techfest Vietnam 2024, calling for greater support for innovative startups
Prime Minister Pham Minh Chinh attended the opening ceremony of Techfest Vietnam 2024 on November 27, in Hai Phong, emphasizing the importance of innovation in driving Vietnam’s future economic growth. The theme of the event, “Joining hands to develop Vietnam’s innovative startup ecosystem,” highlights the country’s commitment to advancing science, technology, and entrepreneurship.

In his remarks, the Prime Minister outlined the government’s ongoing efforts to strengthen the national startup ecosystem, pointing to successful strategies, legal frameworks, and the emergence of technology unicorns. He stressed the need for a collective effort from all sectors, businesses, and citizens to foster an environment where innovative startups can thrive. Vietnam’s startup ecosystem now boasts around 4,000 innovative startups, including two unicorns, and ranks among the top in Southeast Asia.

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