Prime Minister Nguyen Xuan Phuc (second from right) visits an exhibition booth at Techfest 2018's opening ceremony (Photo: VNA) Da Nang (VNA) – Prime Minister Nguyen Xuan Phuc attended theopening ceremony of the national start-up day ‘Techfest 2018’ in the centralcity of Da Nang on November 29, affirming the government’s support for young start-ups.
The Government is strongly committed to protecting intellectual property rightsand providing capital to help young people realise their start-up dreams in thefuture, he said.
The PM stressed that start-up programmes will help the country reach its targetof each person earning 18,000 USD per year by 2045 when Vietnam celebrates the100th anniversary of the Independence Day.
Start-up programmes in Vietnam have achieved goods results with 93 Vietnamesestart-ups worldwide, he said, adding the innovation in start-up programmes isseen as a valuable resource.
News and information related to star-ups and innovation has been among the topkey words searched for on Google in Vietnam recently. It clearly shows that start-upand innovation have become major interest among Vietnamese people, the PM said.
The PM urged young people and students to think big and take risks in turning theirdesires and dreams in business start-ups.
The Techfest 2018, entitled ‘Innovation, from Here to Global’, has 4,500participants taking part in a series of activities to connect investors withenterprises.
The annual event, which began in 2015, has attracted 40 investment foundationscreating 40 business incubator centres and 60 co-working spaces nationwide.
According to a latest report, Vietnam has 3,000 innovative start-up businesses,and the figure will increase to 5,000 by 2020.
The 2015 Techfest earned one million USD in commitment from investors beforeincreasing to 4 million USD in 2017.
The event continues with start-up contests, panel discussion, exhibitions andbusiness matching on November 30. - VNA
The Government is strongly committed to protecting intellectual property rightsand providing capital to help young people realise their start-up dreams in thefuture, he said.
The PM stressed that start-up programmes will help the country reach its targetof each person earning 18,000 USD per year by 2045 when Vietnam celebrates the100th anniversary of the Independence Day.
Start-up programmes in Vietnam have achieved goods results with 93 Vietnamesestart-ups worldwide, he said, adding the innovation in start-up programmes isseen as a valuable resource.
News and information related to star-ups and innovation has been among the topkey words searched for on Google in Vietnam recently. It clearly shows that start-upand innovation have become major interest among Vietnamese people, the PM said.
The PM urged young people and students to think big and take risks in turning theirdesires and dreams in business start-ups.
The Techfest 2018, entitled ‘Innovation, from Here to Global’, has 4,500participants taking part in a series of activities to connect investors withenterprises.
The annual event, which began in 2015, has attracted 40 investment foundationscreating 40 business incubator centres and 60 co-working spaces nationwide.
According to a latest report, Vietnam has 3,000 innovative start-up businesses,and the figure will increase to 5,000 by 2020.
The 2015 Techfest earned one million USD in commitment from investors beforeincreasing to 4 million USD in 2017.
The event continues with start-up contests, panel discussion, exhibitions andbusiness matching on November 30. - VNA
VNA
