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National Startup Day for Students 2020 kicks off in Hanoi

The 2020 National Startup Day for Students, SV.Startup, kicked off in Hanoi on December 22, with Deputy Prime Minister Vu Duc Dam in attendance.
National Startup Day for Students 2020 kicks off in Hanoi ảnh 1Deputy Prime Minister Vu Duc Dam and delegates visit a display of students' startup ideas on the sidelines of the 2020 National Startup Day for Students on December 22 (Photo: VNA)

Hanoi (VNA) - The 2020 National Startup Day for Students, SV.Startup, kicked off in Hanoi on December 22, with Deputy Prime Minister Vu Duc Dam in attendance.

This year’s SV.Startup was held by the Ministry of Training and Educationin cooperation with the Thuy Loi University and Nova Edu.

Addressing the launching ceremony, Dam said Vietnam’s startup and innovationecosystem has taken major steps forward in recent years but still has a long wayto go.
The country is home to more than 60 venture capital funds and 3,000 successfulstartups, while over 70 co-working spaces for startups have been established atuniversities, he said.

More importantly, many young people and students have ambitions in entrepreneurshipand innovation, contributing to developing and safeguarding the country, he noted.

To achieve the goal of becoming a prosperous society and a high-income countryby 2035, Vietnam must accelerate reforms of the business environment and promoteeducation innovation, with a focus on innovative startups, Dam said, adding thatthese must utilise new tech platforms to develop new products and services and accessnew markets.

The Deputy PM appreciated the change in mindset at many universities, which has ledto greater attention being paid to research and the promotion of innovative startupsamong students, and urged universities to help students sharpen their startup andteamwork skills and encourage them to expand their networks and share startup ideas.

The number of entries submitted to the national startup contest has doubledsince Project 1665 on supporting students to adopt a spirit of entrepreneurshipby 2025 and the National Startup Day for Students were launched three years ago.

On display at the National Startup Day for Students this year were 72 startupprojects selected from nearly 600 entries. The first prize will receive 60 million VND(2,600 USD) in rewards, a support package worth 115 million VND, and an opportunityto access funding of 40,000 USD./.
VNA

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