Vinh City promotes innovative startups

Attending the conference were comradesTran Quoc Thanh - Member of the Provincial Party Executive Committee, Director of the Department of Science and Technology;Nguyen Van Lu - Standing Deputy Secretary of the City Party Committee; Tran Ngoc Tu - Deputy Secretary of the City Party Committee, Chairman of the Vinh City People's Committee, together with representatives of provincial departments and branches; business associations, units, departments, offices of the City People's Committee and leaders of wards and communes in the city.

Overview of the conference. Photo: Lam Tung

Speaking at the conference, comrade Tran Ngoc Tu - Chairman of Vinh City People's Committee said: Vinh City determines that innovative startups play a very important role in the socio-economic development of the city in the coming time.

With the goal of building Vinh city into a civilized and modern city, the center of the North Central region in the fields of finance, trade, tourism, science and technology, information technology, high-tech industry, health, culture, sports, education and training, this conference is a premise marking the beginning of the development of the innovative startup ecosystem in Vinh city.

Comrade Tran Ngoc Tu - Chairman of Vinh City People's Committee affirmed "Innovative start-up is the orientation for socio-economic development of Vinh city in the coming time". Photo: Lam Tung

Presenting at the conference, Ms. Thach Le Anh - Head of Silicon Technology Commercialization in Vietnam, member of the advisory board of Project 844 on innovative startups of the Prime Minister introduced the concepts of innovative thinking, the concept of Startup, and building an innovative startup ecosystem.

Ms. Thach Le Anh, speaker at the conference. Photo: Lam Tung

In addition, Ms. Thach Le Anh also suggested proposals to the Vinh City People's Committee on promoting the formation and development of an innovative startup ecosystem, focusing on building working spaces for investors; supporting businesses with preferential policies to attract more investors to the startup sector.

Speaking at the conference, Mr. Tran Quoc Thanh - Director of the Department of Science and Technology said that with the characteristics of a start-up business being calculated as 1-5 years, the city government needs to have a leading role and have more specific policies to support businesses each year.

The conference also received many opinions from delegates on issues such as: how businesses can approach investors when they have a start-up project; methods and implementation processes to accompany investors...

In recent times, there have been a number of creative startup competitions in the city. (Photo: The first Nghe An Hackathon in the field of information technology). Photo: Lam Tung

Mr. Tran Quang Lam - Vice Chairman of Vinh City People's Committee hopes that in the coming time, all levels, sectors, experts, business community and especially innovative enterprises in the area will continue to accompany the city to build a strong development ecosystem. At the same time, affirm the role of the city in building and developing the province's innovative startup ecosystem, reaching out and expanding cooperation relations throughout the country.

The project "Supporting the national innovative startup ecosystem until 2025" (Project 844) was assigned by the Prime Minister to the Ministry of Science and Technology to preside over with the following goals: Creating a favorable environment for startups; Promoting and supporting the formation and development of types of businesses with the ability to grow rapidly based on the exploitation of intellectual property, technology, and new business models; Perfecting the legal system; Urgently perfecting the legal system to support innovative startups; Establishing a Startup Information Portal; Establishing a national innovative startup information portal