Vietnamese startups lack ideas that can convince investors

On the afternoon of November 24, the Ministry of Science and Technology (Science and Technology) held a press conference to introduce the National Innovation and Startup Festival 2022 (Techfest Vietnam 2022). This year, the National Innovation and Start-up Day will officially take place from December 2-4, 2022 in Binh Duong with the theme “Open Innovation – Source of New Thinking”.

Techfest 2022 wants to find solutions for fields that are heavily impacted by the pandemic and have potential such as health, education, energy… This year’s National Innovation and Startup Festival is also aimed at this year. solving human problems such as training and fostering human resources to meet the needs of domestic and international markets, creating jobs and applying technology to handle post-pandemic difficulties Covid-19. In addition, one content targeted by Techfest 2022 is to promote the building of a comprehensive open innovation ecosystem (VOIP).

Sharing about the National Innovation and Startup Festival in 2022, Deputy Minister of Science and Technology – Mr. Tran Van Tung said that the Ministry of Science and Technology has coordinated with the Ministry of Foreign Affairs to invite Vietnamese intellectuals abroad. join together to solve the problems of startups and innovation in Vietnam. Compared to every year, Techfest 2022 has expanded in scale and has more participation of social resources, especially businesses.

Assessing the development of the national startup and innovation ecosystem, Deputy Minister Tran Van Tung said that this movement has developed strongly and entered all fields to solve problems. of socioeconomic life. Techfest 2022 will bring the activities of technology villages and businesses together to solve local problems. For example, the production of OCOP products, organic products, issues of geographical indications, trademarks, environmental protection…

Deputy Minister Tran Van Tung said that from many years of experience in organizing Techfest, he realized that Vietnamese startups do not lack capabilities, but lack ideas that can convince investors. This is the weak point that the Vietnamese startupsinnovative start-ups in the country need to overcome.

According to Mr. Pham Hong Quat – Director of the Department of Market Development and Science and Technology Enterprises (Ministry of Science and Technology), Techfest 2022 will have the participation of some famous speakers from the Americas on innovation. especially open innovation to share with domestic businesses about global trends in solving post-pandemic problems, thereby suggesting many problems for Vietnam. In addition, at Techfest, there will be success stories about startups and innovation from countries around the world.

In addition to traditional technology villages, at Techfest 2022, many new technology villages will appear such as Financial Technology Village (Fintech), Virtual Universe Village (Metaverse), Blockchain Technology Village (Blockchain)… areas with rapidly growing business models and high technology content.

Trong Dat