Programme launched, calling on start-ups to address issues
The National Innovation Centre (NIC) in collaboration with the Japan Trade Promotion Agency (JETRO) and the Japanese Embassy in Vietnam on August 29 held a ceremony to announce the programme “Inno Vietnam – Japan Fast Track Pitch 2023” (Vietnam – Japan Innovation: The Road to Success) in Hanoi.
The programme “Inno Vietnam – Japan Fast Track Pitch 2023” is launched in Hanoi on August 29. (Photo: VNA)
Hanoi (VNA) – The National Innovation Centre (NIC) incollaboration with the Japan Trade Promotion Agency (JETRO) and the JapaneseEmbassy in Vietnam on August 29 held a ceremony to ann𝓰ounce the programm🌃e “InnoVietnam – Japan Fast Track Pitch 2023” (Vietnam – Japan Innovation: The Road toSuccess) in Hanoi.
The programme is within the framework of the "ASEAN - JapanCo-Creation Fast Track Initiative" activity co-chaired by the Ministry ofPlanning and Investment and the Ministry of Economy, Trade and Industry ofJapan. At the ceremony, six large enterprises and corporationspossessing challenges from Japan and Vietnam announced details of their 2023challenges, including VinGroup, FPT Corporation, Corporation technology MoMo(Vietnam); Kokyu Corporation, Money Forward Corporation, and Fujikin DanangResearch, Development and Production Centre (Japan). According to a representative from NIC, the programme held inVietnam for the first time aims to attract innovative and start-up businessesfrom Japan and Southeast Asia to solve urgent problems that major businessesand corporations are encountering. The partnership between the challenger andthe solution-proposer helps with promoting knowledge exchange and increasing theeffectiveness of the application of the achievements of the Fourth IndustrialRevolution. It is also a good opportunity for innovative businesses andstartups to introduce products and solutions to potential large customers. Inparticular, excellent products and solutions will have an opportunity to besupported by challengers to develop and invest in the future, toward marketexpansion and participation in the global value chain. Ishikawa Hiroshi, Executive Director of JETRO, and SpecialAdvisor to the Minister of Economy, Trade and Industry of Japan, said that theprogramme is the fastest way for innovative businesses and startups to set upbusinesses, access support organisations and other Government resources./.
VUIHOC, an educational technology (EdTech) start-up, on July 31 announced a 6 million USD investment in a Series A funding round led by TNB Aura, reported Dau tu (Investment) Newspaper.
Vietnamese internet company VNG Corp, under trading code VNZ, has filed for an initial public offering (IPO) in the US via VNG Ltd, according to Reuters.
The High-level Forum on Promoting the Innovative Startup Ecosystem Quang Nam 2023 was held in the central province of Quang Nam on August 24, as part of the National Startup Programme 2023 and the fourth Techfest Quang Nam 2023.
ZwitterCo, a US startup that develops filtration membranes to treat the most challenging wastewaters, has successfully transferred the Nano-enabled water treatment technology to Vietnam’s technology-farm produce export-import Co., Ltd.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
The programme “Inno Vietnam – Japan Fast Track Pitch 2023” is launched in Hanoi on August 29. (Photo: VNA) 
