With its biodegradable bioplastics product made from organic waste and technology exclusively patented, BUYO Bioplastics became the champion of the National Innovation Technopreneur Contest TECHFEST Vietnam 2023.
BUYO Bioplastics is the champion of the National Innovation Technopreneur Contest TECHFEST Vietnam 2023. (Photo: baochinhphu.vn)
HCM City (VNA) – With its biodegradable bioplasticsproduct made from organic waste and technology exclusively patented, BUYOBioplastics became the champion of the National Innovation TechnopreneurContest TECHFEST Vietnam 2023.
BUYO Bioplastics’s product was highly evaluated as it iscompletely decomposable in the natural environment and safe for health, whilehelping minimise carbon emissions. The firm will represent Vietnam to joininternational competitions in the Australia, the Europe, Republic of Korea,Singapore and the US.
Meanwhile, AIRXCARBON won the first Runner-up title with thesolution that promotes the circular economy by using agricultural, industrialand forestry waste to create bioplastic particles. The second Runner-up went toCENERGY which carries out research and produces energy storage systems based onthe flow battery technology towards the development of the energy storageinfrastructure in Vietnam.
Besides, five teams whose products are suitable for the Republic of Korea’sdevelopment vision were selected for the 2023 Vietnam TECHFEST Shinhan GlobalTrack Awards held by Shinhan Square Bridge Incheon in 2024. They areAirxCarbon, BUYO Bioplastics, Beekids, Toothless (Diaflow), and Trainizi.
More than 500 dossiers and nominations from localities and tech villages acrossthe nations were sent to the contest, which was launched on May 23. Ten mostexcellent teams were chosen to the final round that took place in Ho Chi MinhCity on November 24.
Tran Van Tung, permanent member of the management board of the NationalProgramme 844 to support the National Innovation Initiative to 2025, said thatthe board will continue creating favourable conditions for Vietnamese startupsto develop and shine in both domestic and foreign market.
He expressed his hope that the innovative solutions will make contributions toconcretise the nation’s commitment to net-zero emissions by 2050.
Meanwhile, Sun Sukkun, Director of Shinhan Square Bridge Project under ShinhanFinancial Group’s Hope Foundation, said that beyond a competition, the eventhelps nurture innovative ideas, and is a touch of passion and innovation.
He said he wants to give a helping hands to promote cooperationbetween innovative startups in Vietnam and those in the Republic of Korea.
The annual National Innovation Technopreneur Contest draws theparticipation of leading experts, investors, and technology groups who havejoined hands to provide support for a new generation of businesses. Winningteams receive prizes worth more than 18 billion VND (741,500 USD), and a lot ofbenefits, including market development, product popularisation, exhibition andeducation-training./.
Hundreds of experts, investors and representatives from investment funds and start-up support organisations of Vietnam and the Republic of Korea (RoK) gathered at the festival for innovative startups (TECHFEST) in Seoul on April 13.
The Ministry of Science and Technology (MoST) and Australia’s Monash University on September 20 organised the first “International TECHFEST in Australia”, aiming to attract international resources to develop Vietnam’s innovative startup ecosystem.
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.
Ambassador Nguyen Minh Vu laid stress on the significance of the Hanoi Convention, particularly to the Asia – Pacific, to handling legal gaps in international cooperation against rapidly increasing global cybercrime.
BUYO Bioplastics is the champion of the National Innovation Technopreneur Contest TECHFEST Vietnam 2023. (Photo: baochinhphu.vn) 
