Prof. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), held a talkshow with young entrepreneurs, innovative startups, students, and outstanding young citizens of Ho Chi Minh City on October 6, as part of his working visit to the southern metropolis.

The Vietnamese National Assembly (NA) stands ready to support cooperation between Vietnamese localities and China’s Yunnan province, NA Chairman Vuong Dinh Hue affirmed at a law and policy forum held in Kunming city on April 12.

Amendments to legal regulations relating to intellectual property (IP) will contribute to improving Vietnam’s IP system, making it an important tool to promote national competitiveness and drive the knowledge economy, thus promoting socio-economic development, Minister of Science and Technology Huynh Thanh Dat has said.

Cashless payment would not only increase the circulation of capital but also help boost the internet economy, said Deputy Prime Minister Vu Duc Dam.

Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan had talks with Mayor of Tel Aviv Ron Huldai in the Israeli city on May 22 to discuss bilateral cooperation, especially in developing a smart city, high technology and start-up ecosystem.

The development of a knowledge-based economy is expected to help Ho Chi Minh City realise its ambition of becoming a major centre of economics, finance-trade and science-technology in Southeast Asia.