Ba Ria-Vung Tau Province initiates startup development

09:33 | 24/09/2019 Economy- Society

(VEN) - Having acknowledged the important role of innovation in promoting economic and social development, the southeastern province of Ba Ria-Vung Tau has been encouraging organizations, businesses and individuals in the province to develop startups.

ba ria vung tau province initiates startup development
Opening the Startup Promotion Office of Ba Ria-Vung Tau Province

The province has organized practical, efficient startup promotion activities including seminars, TV broadcasts, innovation contests, and training courses.

Vung Tau City and the provincial Department of Science and Technology recently opened and put into operation a Startup Promotion Office.

The office is in charge of connecting startup entrepreneurs and organizations inside and outside Vietnam and promoting the development of a provincial startup ecosystem, which is currently in fledgling stages.

The department will work with the Department of Market and Science and Technology Enterprises Development, and departments of science and technology of other southeastern provinces to launch a startup contest - TECHFEST Southeast 2019 as part of TECHFEST Vietnam 2019. TECHFEST Southeast 2019 will take place on September 26 in the city of Vung Tau, while TECHFEST Vietnam 2019 is expected to be held in early December in Ha Long City in the northeastern province of Quang Ninh.

TECHFEST Southeast 2019 participants include businesses, organizations, individuals and groups of individuals with startup ideas and projects that can help the region’s development through efficient, proper use of intellectual property, technology and new business models in regional localities. They include enterprises that are no more than five years old and are encouraged to have startup ideas and projects in all industries, with priority given to those that can help solve problems and develop the region’s prioritized fields.

The five highest-achieving teams of TECHFEST Southeast 2019 will be awarded medals and certificates by the organizing committee and supported in launching booths at TECHFEST VIETNAM 2019.

Phuong Nghi