GeneStory, a start-up in the healthcare sector, has become the winner of VietChallenge 2022, the biggest fund calling contest for Vietnamese startups around the world held at Nasdaq, the second biggest stock exchange on the globe.
New York (VNA) – GeneStory, a start-up in the healthcare sector, has become the winner of VietChallenge 2022, the biggest fundcalling contest for Vietnamese startups around the world held at Nasdaq, thesecond biggest stock exchange on the globe.
Launched in May, GeneStory, founded by Vingroup with theparticipation of leading scientists from many countries such as the US, theNetherlands and Germany, aiming to care for the public health through geneticdecoding, surpassed five other competitors in the contest’s final round to win a cash prize of 25,000USD.
Speaking to the Vietnam News Agency (VNA)'s resident correspondents after the competition,Deputy Minister of Planning and Investment Tran Duy Dong said that VietChallenge2022, the seventh edition of its kind, was jointly held by the ministry's National Innovation Centre andVietChallenge Inc., a US-based non-profit organisation, to seekoutstanding startups with advanced technologies in many areas.
Highly valuing the capacity of the six finalists, Dong saidthat he hoped Vietnamese startups around the world will connect with each otherthrough this contest to build a common innovation ecosystem and help Vietnam rise to the world and grow stronger in the future.
Ambassador Dang Hoang Giang, PermanentRepresentative of Vietnam to the UN, highlighted the strong entrepreneurship spirit ofVietnamese young people, and hailed the efforts of the organisers and competitorsin the contest which drew great attention of both Vietnamese and US businesscommunities.
Held annually from 2015, VietChallenge has so far seen the competition of morethan 800 Vietnamese startups from more than 20 countries worldwide./.
A Vietnam-India Startup Forum was held in a hybrid format on November 12, as part of the activities to celebrate the 50th anniversary of the establishment of bilateral diplomatic ties.
Permanent Representative of Vietnam to the UN, Ambassador Dang Hoang Giang has joined two leaders of VietChallenge, known as the largest fundraising contest for Vietnamese-born startups worldwide, to ring the opening bell at the Nasdaq MarketSite in Times Square, New York.
The Vietnam National University of Agriculture (VNUA) and Australian company 4Ways Fresh on December 3 signed a memorandum of understanding (MoU) on cooperation in training and supporting innovative and entrepreneurship activities.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
GeneStory wins startup contest VietChallenge 2022. (Photo: VNA) 
