Thousands of startup initiatives and products, OCOP items, and standout rural industrial goods are on display at the TechFest Quang Nam 2024, an innovation startup promotion event that opened in Tam Ky city of the central province on June 6.
At the opening ceremony of the TechFest QuangNam 2024 (Photo: VNA)
Quang Nam (VNA) – Thousands of startup initiatives and products, OCOP items, and standout rural industrial goods are on display at the TechFest Quang Nam 2024, an innovation startup promotion event that opened in Tam Ky city of the central province on June 6.
The five-day event, the fifth of its kind in Quang Nam so far, drew the attendance of many localities and five universities seeking investment opportunities to develop their startup ecosystem.
Speaking at the opening ceremony, Acting Chairman of the provincial People’s Committee Ho Quang Buu said boasting an array of national- and international-scale activities, the event is a good chance for the participants to expand connectivity, promote digital technology application to introduce their innovative products, and spread the startup spirit, contributing to the local socio-economic development.
Meanwhile, Deputy Minister of Science and Technology Hoang Minh highlighted that the techfest encourages the community to protect intellectual property and strengthen trade in the digital era, and provides organisations and individuals with effective tools for innovation that create business advantage for sustainable development.
Various conferences and forums are scheduled in the framework of the event, with the participation of e𒀰xperts from the Republic of Korea, Japan, the Philippines, Azerbaijan, and Kazakhstan, and Vietn🌌amese startup support organisations./.
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.
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.
Vietnam maintained its third position in the number of investment deals and regained the third place in terms of total investment in startups in Southeast Asia.
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.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
