Hai Phong City is increasingly making efforts to build and develop a creative startup ecosystem worthy of an internationally connected regional center.
According to the Global Innovation Index 2024 Report, Vietnam has risen from the second least dynamic startup ecosystem among the six largest ASEAN countries to 2th out of 6 countries, up 44 places compared to 133 and 4 places compared to 2023.
In particular, Vietnam is recognized as one of the 8 middle-income countries that have improved their rankings the most since 2013 and is one of the 3 countries that hold the record for outstanding achievements compared to the level of development for 14 consecutive years, always having higher innovation results compared to the level of development, showing the effectiveness in converting input resources into innovative outputs. Therefore, Hai Phong cannot be left out of the race for innovative technology.
Turn challenges into opportunities
Hai Phong City is currently the largest industrial and seaport center in Northern Vietnam. It is also the economic, cultural, medical, educational, scientific, commercial and technological center of the Northern Coastal region. In recent years, the city's economic scale has been constantly expanding, with a relatively high growth rate. Accordingly, it has maintained double-digit growth for 9 consecutive years. Hai Phong City has gradually affirmed itself as a modern industrial city while continuing to clearly define its role as a key economic center of the country. The city's Competitiveness Index (PCI) in 2 ranked 2023rd out of 3 provinces and cities, the Local Innovation Index (PII) in 63 reached 2023 points, ranked 52,32rd in the country, after Hanoi and Ho Chi Minh City, ranked 3nd out of 2 provinces and cities in the Red River Delta.
Techfest 2024 opens up many new opportunities for innovative startups looking for markets
Mr. Le Khac Nam - Vice Chairman of Hai Phong City People's Committee said: "Science, technology and innovation are identified as the driving force for Hai Phong's socio-economic development in the spirit of Resolution 45 of the Politburo. In recent times, the city has paid special attention to policies to promote science, technology and innovation, especially promoting the innovation ecosystem, a factor that plays a very important role in creating new values for society".
According to Mr. Nam, Hai Phong City is facing many challenges in its determination to become one of the top 200 cities and localities with a dynamic global creative startup ecosystem and a creative startup support center worthy of a regional center, internationally connected. With the determination to promote the strong development of the creative startup ecosystem as well as turn Hai Phong into a modern, smart industrial city of regional stature, Hai Phong City will turn these challenges into opportunities, promoting the connection of resources from local, national and international levels. At the same time, on the basis of exploiting the city's characteristics and strengths as a resource for developing a creative startup ecosystem, we call for cooperation and a spirit of connection from localities, countries and international levels to share and learn from experiences, towards a sustainable creative startup ecosystem in the future.
“Hai Phong City calls for cooperation and solidarity from localities, countries and international organizations to share and learn experiences, aiming for a sustainable creative startup ecosystem in the future,” said the Vice Chairman of Hai Phong City People's Committee.
Realize the idea
Currently, many units supporting creative startups have been established nationwide, from both the private sector, the public sector and international organizations, under many diverse models. Typically, nearly 20 localities have established and are establishing creative startup support centers, nearly 100 incubators and business promotion organizations have been operating, many international creative startup centers have opened branches or coordinated to open creative innovation spaces in Vietnam. Hai Phong alone has more than 33 creative startup projects and ideas.
Innovative startups at home and abroad proactively seek markets for themselves.
According to Mr. Le Khac Nam, in the past 7 years, Hai Phong has provided intensive support to 33 innovative startup projects and ideas. The city also supports incubation, acceleration, market development connection, product completion, and legal documents for nearly 300 innovative startup businesses and projects. The city's innovative startups have created more than 2.000 new high-quality jobs.
Recently, in Hai Phong City, the Ministry of Science and Technology coordinated with the People's Committee of Hai Phong City to organize Techfest Vietnam 2024. This is the first time this locality has become the destination of the Techfest Vietnam 2024 event.
Minister of Science and Technology Huynh Thanh Dat said that Techfest Vietnam 2024 will be held in Hai Phong City, a major economic center of the Northern region and an international gateway of Vietnam. With modern infrastructure, favorable investment attraction policies and strong commitment from the local government, Hai Phong City has become a bright spot in building a creative startup ecosystem. Choosing Hai Phong City as the venue for Techfest Vietnam 2024 affirms the political determination to build and promote a creative startup ecosystem in potential localities, thereby creating development momentum for the entire region and the whole country.
With the theme "Joining hands to develop Vietnam's creative startup ecosystem", Techfest 2024 is not only a gathering place for excellent startup ideas, but also a bridge between investors, experts and businesses across the country.
Mr. Tran Quang Tuan - Director of Hai Phong Department of Science and Technology emphasized: “Techfest 2024 is a valuable opportunity for Hai Phong's creative startup community to realize creative ideas, promote startup projects to expand scale, expand cooperation, attract investment from domestic and international resources. From there, spread the entrepreneurial spirit, promote the innovative startup movement among the entire population; connect the components of Hai Phong's creative startup ecosystem with the world's leading development ecosystems".
Mr. Shailendra Kr. Raman - Sales Director of Seasun Biomaterials Joint Stock Company said: “We attend Techfest 2024 with the desire to find partners who are agents or distributors in the Vietnamese market in general and Hai Phong in particular. These are two potential markets, suitable for the needs we are looking for. Currently, we are preparing other related documents to be ready to distribute, looking for suitable agents and businesses in Hai Phong in the near future”.
Source: Business Forum