Innovation programme initiates new action plans in 2016
The Finland–Vietnam Innovation Partnership Programme Phase 2 (IPP2) plans to support start-up ecosystem developers, universities and other educational organisations in Vietnam.
HCM City (VNA) – The Finland–Vietnam Innovation Partnership Programme P🐬hase 2 (IPP2) 💞plans to support start-up ecosystem developers, universities and other educational organisations in Vietnam to improve their innovation and entrepreneurship in 2016.
The information was unveiled at the Final Demo Day in Ho Chi Minh City on January 23 to review the implementation of the IPP2 between 2014 and 2015.
Deputy Minister of Science and Technology Tran Quoc Khanh said Vietnam needs strong businesses that are expected to develop in a healthy and creative environment.
The ministry has worked hard to improve policies in the field while encouraging private firms to set up venture investment funds. This aims to create a favourable financial and legal climate to develop hi-tech nurseries and start-up training, especially for young entrepreneurs, he said.
He said he hopes innovation experts trained under the IPP2 will become crucial factors in Vietnam’s public and private business sectors.
IPP2 is an Official Development Assistance (ODA) programme financed by the Vietnamese and Finnish governments.
The second phase of the programme runs from 2014 to 2018 with the budget of 11 million EUR (11.8 million USD), aiming to strengthen the Vietnamese innovation and entrepreneurship ecosystem.
It also looks to promote sustainable economic development by increasing production and export of innovative products and services.
Between 2014 and 2015, the IPP2 provided financial, training, consulting, and connection assistance to realise 22 innovation projects in Hanoi, Ho Chi Minh City, Da Nang, and Thua Thien-Hue.
As of 2015, the projects generated more than 480 jobs for locals and grossed over 430,000 USD in domestic revenue.
The projects also raked in more than 215,000 USD selling products to foreign markets such as the US , Germany and the Republic of Korea .
In 2015, Vietnam jumped 19 places to rank 52nd out of 141 nations in the global innovation index. It also ranked 56th among 140 countries in global competitiveness, up 12 places.-VNA
Vietnamese and Finnish policymakers, scientists and businesses met at a forum that started in Hanoi on October 23 to discuss innovation and seek cooperation opportunities.
The Vietnamese and Finnish governments on March 6 signed an 11 million EUR agreement for the second phase of their joint innovation partnership programme (IPP).
Finland continues to assist Vietnam in speeding up technology innovation via the second phase of the Innovation Partnership Programme (IPP), heard a workshop in Ho Chi Minh City on November 28.
The management board of the Finland-Vietnam Innovation Partnership Programme (IPP) stage two held a conference in Hanoi on October 1 to collect opinions on the future strategy of the programme.
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.
The week features a rich lineup of activities, including a plenary conference on blockchain and AI development, thematic seminars on future technology trends and investment visions, applications of blockchain and AI in business, the Super Vietnam PitchFest, as well as forums for blockchain and AI.
Illustrative image (Photo: VNA)
