The Government will create all conditions for young people to start businesses and innovate in the most favorable and effective way.

Expressing his confidence in the young generation, Prime Minister Pham Minh Chinh expressed: "You are not only the future owners of the country but also the potential, the resources, the driving force to bring our country to stand shoulder to shoulder with the world powers. The Government will create all conditions for the most favorable and effective innovative startup environment, if you dare to think, dare to do, dare to innovate, dare to start a business. I believe that with your youth, one day in the near future you will create great values ​​not only for Vietnam but also for the whole world."

Prime Minister Pham Minh Chinh attended the 4th National Startup Festival for students. The event was attended by Chairman of the National Assembly's Committee for Culture and Education Nguyen Dac Vinh; Minister of Education and Training Nguyen Kim Son; First Secretary of the Central Youth Union Nguyen Anh Tuan, Secretary of the Vinh Phuc Provincial Party Committee Hoang Thi Thuy Lan, and Chairman of the Vinh Phuc Provincial People's Committee Le Duy Thanh. Photo: VGP/Nhat Bac

Startups have become a common trend in countries.

Expressing his joy and excitement at the ceremony, which coincided with the 91st anniversary of the founding of the Ho Chi Minh Communist Youth Union (March 26), the Prime Minister emphasized that this was a very meaningful event held in Vinh Phuc, a land with a long history, a gathering place of many ethnic groups with diverse cultural identities - the homeland of Provincial Party Secretary Kim Ngoc, a man with a spirit of innovation, creativity, daring to think and daring to do.

According to Prime Minister Pham Minh Chinh, we are living in a rapidly changing world. Science and technology are developing rapidly.The fourth industrial revolution has had a profound impact on all aspects of social life. Countries, businesses and individuals who want to develop must constantly innovate and create.

Entrepreneurial spirit, proactively approaching unprecedented changes has become a common trend in countries today.

The Party and State always pay attention to the innovation movement.

In our country, the Party and State always pay attention to the innovation movement; there are many policies, mechanisms, projects, creating all favorable conditions for startups. Especially Conclusion No. 14-KL/TW, dated September 22, 2021 of the Politburo on the policy of encouraging and protecting dynamic and creative cadres for the common good and Projects 844, 939, 1665 of the Government to support the national startup ecosystem, support women and students to start businesses.

Ministries, departments, agencies, and localities all have their own programs and projects to promote the startup movement, create a ripple effect, attract a large number of participants, and actively contribute to the process of socio-economic development.

In 2021, Vietnam ranked 44th out of 132 countries and economies in global innovation, continuing to hold the top position among 34 lower-middle-income countries. There are currently more than 1,000 organizations with the capacity to support startups. 100% of training institutions have plans to support students in starting businesses.

The Prime Minister visited the student innovation booth at the event. Photo: VGP/Nhat Bac

The World Bank assesses Vietnam as one of the few East Asian countries investing in innovation, with the number of patents equal to or higher than previous expectations.

"The startup movement among the young generation is growing strongly and increasingly going into depth," Prime Minister Pham Minh Chinh assessed.

The startup ecosystem still has a gap compared to many advanced countries.

However, Vietnam is a country with a slower starting point in terms of startups, the startup ecosystem still has a gap compared to many countries in the world, the policy mechanism still has some shortcomings, the legal environment still has many problems and is not comprehensive.

Risk-taking attitudes and investment capital for startups are limited.The quantity and quality of innovative startup projects, businesses, organizations and individuals are not commensurate with potential and expectations.

According to Prime Minister Pham Minh Chinh, the spirit of innovation and entrepreneurshipnot yet widespreadto all levels, sectors, people, even the young generation. The connection between training, scientific research with innovation and entrepreneurship is still limited.

Education and training is still heavy on theory and light on practice, not paying due attention to skills, creativity, aspirations, vision, and not focusing on promoting the specific abilities of each student.

The Youth Union must be the place to discover and nurture startup ideas.

Prime Minister Pham Minh Chinh stated: During his lifetime, Uncle Ho paid special attention to the young generation, considering youth as the leading factor, deciding the future destiny of the country. He affirmed: "The prosperity or decline, weakness or strength of a country depends largely on the youth. If the youth want to be worthy masters of the future, they must train their spirit and strength right now, and work to prepare for that future.".

Recently, speaking at the 90th Anniversary of the Founding of the Union (March 23, 2021), General Secretary Nguyen Phu Trong emphasized:Youth is an important part of the nation, the backbone of the country. Only when the youth is strong can the nation be strong; in the strength of the nation there is the strength of the youth..

It can be said that over the past 91 years, the Ho Chi Minh Communist Youth Union has done a good job of uniting, gathering, educating, and mobilizing young people to participate in the common work of the country with the spirit of"Where there is a need, youth will do it."In the process of innovation and international integration, the youth of the whole country have promoted the precious traditions of previous generations, quickly adapted to new conditions, had the will to rise up and establish themselves, pioneer, be proactive, creative, and dedicated.Always present in difficult and arduous places and ready to accept all tasks assigned by the Fatherland and people.

The 13th Party Congress affirmed: Continue to comprehensively and synchronously promote the innovation process; maintain a peaceful environment, firmly protect national independence and sovereignty; strive to make our country a socialist-oriented developed country with high income by the middle of the 21st century.

At the opening ceremony of the 4th National Startup Festival for students, Prime Minister Pham Minh Chinh emphasized a number of tasks stated in the 13th National Congress Documents:

"Promoting national digital transformation, developing the digital economy on the basis of science and technology, innovation; harmoniously and effectively connecting domestic and international markets; improving productivity, quality, efficiency and competitiveness of the economy".

"Improve the investment and business environment, promote creative startups, develop industries, fields and enterprises on the basis of strongly applying achievements of science and technology, especially the Fourth Industrial Revolution..."

The Prime Minister requested ministries, localities and schools to concretize the Party's policies into specific programs and plans to promote innovation in the coming time.

The Prime Minister visited the booth of Hanoi University of Science and Technology displaying products applying artificial intelligence to support and manage the treatment of COVID-19 patients. Photo: VGP/Nhat Bac

The Prime Minister emphasized that, as a socialist school for the youth, with an important role in calling for, orienting and guiding the youth, the Central Youth Union needs to spread the spirit of innovation and create an ideal environment for students, union members and young people to participate in startups. The Youth Union must be a place to discover, nurture and incubate startup ideas of students.

Project 1665 and the National Startup Festival for students aim to promote the spirit of innovation; help students change their thinking, perception, dare to think, dare to do and have great aspirations to turn dreams and ideas into reality, overcome failure to succeed; is an important environment to connect "3 houses": State - school - investor. The project has helped to nurture many startup projects, realizing the passion and aspirations of many young people.

The startup movement among students is constantly spreading.

Prime Minister Pham Minh Chinh expressed his joy that after three times of organization, the Startup Festival has attracted an increasing number of students to participate with many quality projects in various fields, professions and localities across the country.

The student startup movement is constantly spreading; educational and training institutions are increasingly interested in innovative startups (75% of training institutions have organized startup skills classes for students; formed funds to support student startups, typically the BK-Funds of Hanoi University of Science and Technology).

The quantity and quality of ideas and projects are increasing (in 4 years, the organization has attracted more than 1,600 startup projects from students; some student ideas and projects have been established as businesses or acquired by large enterprises).

Prime Minister Pham Minh Chinh was impressed with the project "Supply chain and trading of products from local Hoang Sin Co tubers" (by Nguyen Minh Anh, a 12D1 student at Lao Cai City High School No. 1). The project immediately uses clean, safe products in Lao Cai to distribute to more than 2,500 students, parents, teachers in the school and a number of local restaurants and supermarkets.

"The most important thing is the spirit of daring to think and daring to do. Effectively utilizing local raw materials, creating products that serve the local area and the homeland," the Prime Minister assessed.

The Prime Minister commended and highly appreciated the Ministry of Education and Training - the standing agency of the Project, and relevant ministries, branches, agencies and localities for their efforts to overcome difficulties and challenges, especially in the context of being heavily affected by the COVID-19 pandemic in recent times, to effectively implement tasks and achieve very commendable results.

Talent, intelligence and qualities of Vietnamese people are the most important driving force for development.

The forecast for the coming time is that there will be advantages, opportunities and difficulties, challenges intertwined, but difficulties and challenges will be greater. In order to recover quickly, develop sustainably, and build a self-reliant and self-reliant economy, it is necessary to effectively implement the tasks and solutions set forth in the Resolution of the 13th National Party Congress, including the important task of continuing to fundamentally and comprehensively innovate education and training; building a strong human resource in both quantity and quality in the spirit of taking the talent, intelligence, and qualities of the Vietnamese people as the center, the most important goal and driving force for the country's development.

The Prime Minister emphasized: In order for the startup movement to move to a new stage that is higher in both quality and quantity, and quickly turn Vietnam into a strong startup nation, we must consider this a key task of the entire political system, not the task of a single ministry, department, branch, or locality. We must promote communication about innovation, encourage innovative thinking, and break down prejudices, barriers, and stereotypes in thinking and action.

Prime Minister Pham Minh Chinh and delegates perform the button-pressing ceremony to launch the 4th National Startup Festival for Students - Photo: VGP/Nhat Bac

We must strongly promote the startup ecosystem in the education sector in general, especially the startup ecosystem in universities and colleges in particular. Schools and teachers must be the ones to inspire and ignite students to clearly define the purpose of learning, have the spirit of learning, and change their mindset when graduating.

At the same time, encourage students to have initiatives, innovations, create new business models, have applied research topics that can be commercialized or applied in practice, form start-up businesses, create value for the community and for the whole society and for their own families.

Success will come to those who work with passion, creativity, and dedication to the community.

With the desire to promote startups among students and the young generation, Prime Minister Pham Minh Chinh noted the following contents:

One is to continue promoting the traditions of Vietnamese people.Smart, hardworking, creative, brave, dare to face difficulties and challenges to promote innovative startups.Research, analyze more carefully, more clearly, look directly at the strengths and weaknesses of Vietnamese people from the perspective of innovative startups to promote strengths and positive aspects, overcome and resolve weaknesses and limitations. The Vietnamese national tradition is that the more difficult and challenging the situation is, the more united, strive to rise up, overcome, affirm and mature. In innovative startups, we must strongly promote the spirit of self-reliance, self-improvement, rise from our own hands, minds, sky, sea, land, and maximize internal and external resources.

On the other hand, it is necessary to promptly overcome inappropriate thinking and ways of thinking that negatively affect the industrialization and modernization process in general and innovative startups in particular. These are the "small farmer" mentality; empirical thinking, fear of change, short-sighted vision; not daring to express opinions; passiveness, "contentment with one's lot"; locality, locality, clan; the egalitarian mentality of "the bad are better than the good", "each family's light shines in its own house"; arbitrariness, poor sense of discipline...

Success will come to those who work with passion and creativity with a spirit of dedication to the community, doing things that others cannot do.

Second, maximize human resources and strongly promote the spirit of creative entrepreneurship.. Strive to build an open, practical, and talented education system; continue to improve people's knowledge, train human resources, and foster talents.

Focus on training, nurturing talents, forming a solid technological human resource, creating a foundation for developing innovative startups, and enhancing the country's competitiveness.

Bringing Entrepreneurship Education into Schools

Third, to have innovative startups, there must be innovative education.Innovative startups must focus on developing from the root, from the knowledge, skills, qualities, and ethics of Vietnamese people, the young generation of Vietnam.Bringing education about creative startups into schools not only at university and postgraduate levels but also at all levels.

Efforts to build an open, practical, and talented education system; improve people's knowledge, train human resources, and foster talents..Taking students as the center, the school as the foundation, teachers as the driving force. Innovating from thinking, doing to content, programs, teaching methods, knowledge transfer, inspiration, in which theory must be closely linked to practice, practice.

Strongly innovate the mindset from equipping knowledge to equipping comprehensive capacity and qualities; enhance career guidance activities, create an environment that stimulates creativity for students.

Strongly promote the spirit of innovation in all ministries, departments, branches, localities, and all classes of people, especially young people, students. The entire education and training system, from leaders of high schools to leaders of departments of education and training, especially leaders of universities and colleges, promote the implementation of Project 1665 on supporting students to start businesses and innovate.

The Prime Minister requested the Ministry of Information and Communications to coordinate with the Ministry of Education and Training to promote the digital transformation program in education, linking digital transformation activities with creative startup activities.

Perfecting the legal framework to support and promote startups

Fourth, create an environment and attract resources to promote innovative startups.. Research, supplement, and perfect institutions, have specific mechanisms, policies, and programs to support and create conditions for youth, students, and lecturers to actively participate in innovation and start-up activities. At the same time, promote the commercialization of scientific research products of schools, lecturers, and students.

Increase investment in material resources for startups such as:Standard laboratories, raw materials for experimental production, seed capital, initial support for startup projects, promoting the development of start-up businesses, startups right in universities, etc..

Promote the connection between the State - schools - investors on the basis of harmonious benefits and shared risks. Attract not only from investors and professional investment funds, but also from large corporations, international organizations, individuals and the community.

The Ministry of Education and Training needs to study and complete the legal framework regulating career guidance for startups; propose to the Government and relevant agencies mechanisms and policies to support and promote students and lecturers to actively participate in startup activities.

The Ministry of Planning and Investment will research and support the Ministry of Education and Training and the Ministry of Labor, War Invalids and Social Affairs in developing programs and activities to incubate and support startups in educational and training institutions. Guide training institutions in establishing startup innovation funds for students.

Strengthening resource attraction for startups and innovation

Fifth, promote cooperation, expand domestic and international links and connections.Focus on scientific research activities, transfer and application of new technologies, suitable for teaching and learning activities. Strengthen links between ministries, branches and localities in allocating resources reasonably for start-up activities. Strengthen international cooperation to promote research, transfer and application of new technologies in teaching and learning activities in our country.

The Ministry of Science and Technology has a solution to connect Student Startup Support Centers in universities with Startup Centers in localities, forming a national startup connection network. Developing a national network of knowledge and innovation connections, attracting participation and actively exploiting the endless resources of Vietnamese human intelligence to connect with the international community.

Sixth,Localities gradually build a mechanism for ordering and assigning tasks to training institutions to promote local socio-economic development in a green and sustainable direction.

The Central Committee of the Ho Chi Minh Communist Youth Union has solutions to create an environment and enhance communication about creative startups. Promote the establishment of specialized units to support young startups. Develop solutions to support young talents in startups, especially in remote areas and ethnic minorities. Increase the attraction of resources for creative startups; effectively manage and use the National Fund to support Youth Startups of the Central Committee of the Youth Union.

Building a startup ecosystem requires vision and fundamental solutions.

The Prime Minister stated: Building an innovative startup ecosystem is not a matter of one or two days, but a long-term process, requiring vision, fundamental solutions, and strategy, not perfectionism, not haste, but doing it firmly and effectively. However, later countries can still shorten this process if they learn and apply the experiences of the countries that came before them.

To promote innovative startups, there must be an innovative government, an innovative society, innovative education, and innovative people who dare to think, dare to do, and dare to face risks for the common good.

Expressing his confidence in the young generation and students, the Prime Minister said: "You are not only the future owners of the country, but also the potential, the resources, and the driving force to bring our country on par with the world powers. The Government will create all conditions for the most favorable and effective innovative startup environment, if you dare to think, dare to do, dare to innovate, and dare to start a business."

Prime Minister Pham Minh Chinh emphasized the need to strongly promote the startup ecosystem in the education sector in general, especially the startup ecosystem in universities and colleges in particular. Photo: VGP/Nhat Bac

The Prime Minister firmly believes that: "With your youth, one day not far away you will create great values ​​not only for Vietnam but for the whole world."

The Prime Minister wished all students to study well, have faith, aspiration and always be responsible for themselves, the community, society and the country to realize the dream of soon turning Vietnam into a start-up nation with strong economic potential, achieving the goal of a rich people, strong country, fair, democratic and civilized society./.