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Techfest Vietnam 2022 kicks off in southern Binh Duong province

The National Innovative Entrepreneurship Day 2022 (Techfest Vietnam 2022) opened in the southern province of Binh Duong on December 2.
Techfest Vietnam 2022 kicks off in southern Binh Duong province ảnh 1Deputy Minister of Science and Technology Tran Van Tung at the event (Photo: VNA)

Binh Duong (VNA) - The National Innovative Entrepreneurship Day 2022 (Techfest Vietnam 2022) opened in the southern province of Binh Duong on December 2.

The three-day event, which is being organised by the provincial People’s Committee and the Ministry of Science and Technology, aims to seek solutions in line with the development trends of the fourth Industrial Revolution, especially in areas greatly affected by the COVID-19 pandemic like healthcare, education and energy, thereby contributing to promoting innovative ideas and improving people's lives.

Deputy Minister of Science and Technology Tran Van Tung said hundreds of innovative start-up products and services will be exhibited at Techfest Vietnam 2022.

There will be 30 seminars focusing on technological trends, sharing experience in developing an innovative startup ecosystem, and lessons on the transformation of business models to adapt to the post-COVID era.

The highlight of the event will be a high-level multilateral policy forum on entrepreneurship and innovation with a series of seminars (also known as Stage) such as IPO Stage, Open Innovation Stage and Mentor Stage.

By hosting the event, Binh Duong province hopes to introduce the potential startup ecosystem that has been nurtured and supported by the provincial administration. Its pavilion features Becamex Investment & Industrial Development Corporation (Becamex IDC Corp), Minh Long Company and Thu Dau Mot University.

Held annually since 2015, Techfest Vietnam aims to promote innovative solutions from startups in the age of rapidly developing technology, and attract experts, intellectuals, domestic entrepreneurs and overseas Vietnamese to develop the economy. 

This year’s edition, with the theme "Open Innovation Ecosystem - The Next Big Think", is expected to attract more than 8,000 people representing startup communities nationwide and from 20 countries./.

VNA

The VNA not only has a responsibility to communicate and promote the spirit of innovation across society but must also take the lead in applying technology, modernising journalism practices and developing practical, high-value media products for the public.

Under this blueprint, tourism is designated as a high-priority sector to enhance the use of digital technology to improve management capabilities, service quality, and the visitor experience.

As the only Vietnamese tech firm exhibiting directly at the event, Gremsy's participation highlights the growing ability of domestic enterprises to integrate into global technology value chains and compete in high-tech international markets.

Vietnam now sits among the global front-runners in the shift to IPv6, outpacing many far larger economies, with 95 million broadband subscribers actively using IPv6 services.

Resolution No. 57-NQ/TW of the Politburo on the development of science, technology, innovation and national digital transformation states that these areas are becoming not only prerequisites but also a historic opportunity for the country to achieve prosperity and strengthen national competitiveness in a new era of development.

Deputy Prime Minister Ho Quoc Dung has signed a decision approving a plan to develop large domestic strategic technology enterprises in the 2026–2030 period, aimed at advancing digital infrastructure, digital human resources, digital data, strategic technologies and cybersecurity.

It has become part of Vietnam’s national digital transformation agenda under Politburo Resolution No. 57-NQ/TW dated December 22, 2024, which seeks to establish data, technology, innovation and digital governance as new pillars of economic competitiveness.

Vietnam’s legal framework already enables intangible asset valuation, and international methodologies can be applied. Yet IP valuation remains a knotty problem for regulators, valuation firms, universities, research institutes and businesses, all of whom are hunting for clearer roadmaps.

Deputy PM Ho Quoc Dung stressed the need for close coordination among the Ministry of Science and Technology, the Ministry of Justice and the Government Office to finalise and submit for issuance key decrees guiding the implementation of the Law on High Technology and the Law on Digital Transformation within this month, thus enabling them to be brought into practice as soon as possible.

The incentives are also expected to attract and retain scientists and technology experts while providing enterprises with additional resources to enhance competitiveness in strategic sectors such as artificial intelligence, semiconductors, software and biotechnology.

Vietnam’s cybersecurity landscape has witnessed a notable shift in recent years. While the number of cyberattacks recorded in 2025 showed signs of decline, the proportion of organisations suffering actual damage rose to 52.3%. Cyberattacks increasingly target critical sectors, including banking, finance, energy, telecommunications, and government agencies.

Vietnam is among the fastest-growing countries within the group ranked between 21st and 50th globally in StartupBlink’s 2026 report. Hanoi, Ho Chi Minh City, Da Nang and Hai Phong are now listed among the world’s top 1,000 startup ecosystems.

The country also aims to support at least 500,000 small and medium-sized enterprises in digital transformation, develop a minimum of five digital technology companies capable of competing with counterparts in advanced economies, and establish at least five operational data exchanges.

Highly valuing Bulgaria's extensive experience in operating the Kozloduy nuclear power plant and training specialised personnel, Ambassador Nguyen Thi Minh Nguyet proposed boosting bilateral cooperation in specialist training, scientific research, and the sharing of management, operational, and nuclear safety expertise.

Dot Inc. is working with Google and an AI education partner in Vietnam to explore the deployment of assistive technologies in schools and educational institutions.

In addition to the exhibition activities, Agri & Biotech Vietnam 2026, lasting until June 12, is set to host a series of specialised forums and seminars. Topics of particular interest to businesses include farming exports, sustainable development of the pepper and spice industries, low-emission agriculture, carbon credits, the circular economy, biotechnology and innovative start-ups.

Vietnamese Ambassador to Iran Nguyen Luong Ngoc said greater understanding of each side’s strengths and potential, particularly in AI and information technology, will provide a solid foundation for expanding future cooperation.

Vietnam is pursuing a focused approach to quantum technology, rather than trying to compete head-to-head with leading technology powers across the full spectrum of quantum research.

According to the National Cybersecurity Association (NCA), cyberattacks are rising in both frequency and severity. Attackers are targeting critical infrastructure, personal data, and public services with increasingly advanced methods. This isn't just a technical glitch, but a systemic vulnerability requiring a workforce that can analyse and respond in real time.

Vietnam has identified that strategic technologies with strong spillover effects are key areas for investment and development. These technologies help enhance self-reliance, create national competitive advantages, ensure national defence and security, and promote sustainable socio-economic development