Techfest 2019 attracts over 200 innovative startups

To mark national startup day, Techfest Vietnam 2019 is being held in Ha Long City from December 4-6

Deputy PM Dam expresses his hope that the nation’s start-up community will create innovations that greatly contribute to the national and global development.

Aside from the involvement of over 200 potential startups, Techfest Vietnam 2019 also features the participation of approximately 200 investors from Vietnam and abroad, in addition to foreign investment funds, international experts, 150 major enterprises, economic groups, and start-up support organisations.

In order to organise the occasion, Techfest 2019 has been pided into 12 technology villages which vary according to sector, including travel, food, finance, education, agriculture, health, smart urban areas, startup support, in addition to several other sections which are showcasing products and services in similar fields.

The aim of this year’s event is to develop a shared network among the nation’s various innovative startup firms amid the regional and global ecosystem.

One of the most popular sections at Techfest 2019 is the area for international organisations, with visitors coming to be updated on the latest technological trends that are occurring worldwide.

Through the festival, start-up experts are able to provide consultancy to policy-makers on issues such as how to attract relevant human resources, developing an innovative start-up ecosystem, sharing ideas, and initiatives and tools necessary to start a business.

Techfest 2019 will also host a number of competitions, including the Artificial Intelligence Race Deep Racer, and the National Innovative Startup Talent Contest.

The innovative educational technology products on show attract a large number of visitors.

A number of startups have come up with the idea of starting a business relating to the community, such as giving support to people who suffer from disabilities.

The event offers a great opportunity for startups to seek investment from venture capital funds, angel investors, corporations, and large firms from Vietnam and abroad.

Techfest 2019 also serves as a platform in which several technology companies can introduce new products which use AI and Blockchain.

A series of activities are scheduled to be held throughout the event, such as a high-level policy dialogue forum, a forum which connects innovative start-up resources, and several in-depth seminars relating to startups. Techfest 2019 is expected to draw over 6,000 visitors.