According to information from the Ministry of Science and Technology, after 9 years of organization, TECHFEST Vietnam has become an important event attracting the attention of policy-making agencies, managers, corporations, and businesses. , an organization supporting domestic and international creative startups. investment funds… while connecting domestic and international resources for Vietnam’s creative startup ecosystem, contributing to strengthening Vietnam’s position on the global creative startup map.
In 2024, the Ministry of Science and Technology coordinates with the People’s Committee of Hai Phong city to organize TECHFEST Vietnam with the theme “Joining hands to develop Vietnam’s creative startup ecosystem” to introduce and inspire and inspire outstanding achievements to be honored
The series of events will take place over 3 days (from November 26 – 28, 2024) in Hai Phong City with many activities including: opening ceremony of TECHFEST 2024;
At the press conference, Deputy Minister of Science and Technology Hoang Minh emphasized that Vietnam’s creative startup ecosystem is developing strongly, creating a new generation of businesses based on intellectual property and capable of accessing global market.
In 2024, Vietnam’s creative startup ecosystem will rank 56th in Startup Blink’s Global Startup Ecosystem Index, joining Hanoi and Ho Chi Minh City in the top 200 global startup cities.
From 2017 until now, Vietnam’s Global Innovation Index (GII) has continuously improved, from position 59 (in 2016) to position 44 in 2024. Vietnam’s GII 2024 results have 3 leading indices in the world, including the first-ever Innovative Goods Export Index.
Venture capital in Vietnam tends to develop well, as shown by the index of Number of venture capital transactions increasing from 77th in 2022 to 50th in 2024, the index of Number of transactions receiving investment capital from 1st to 50th in 2024. 54 in 2021 to 44 in 2024.
TECHFEST Vietnam 2024 is an opportunity for agencies, organizations and individuals to meet with senior leaders, policy-making agencies and senior managers of Vietnam to learn about mechanisms and policies as well as as an opportunity in Vietnam.
