December 10, 2019
NashTech was happy to participate at TechFest Vietnam 2019, in Ha Long Bay in December 2019. Techfest is the biggest national event for the innovative startup community of Vietnam and is organised every year by the Ministry of Science and Technology in coordination with other Government Ministries, agencies and organisations. We spent three days talking with some fantastic people and wanted to write up a short article on our experience.
Technology startups can find investors
Techfest Vietnam is a great opportunity for investors to find startups and for startups to find their potential investors. TechFest Vietnam 2019 was the largest event yet and attracted 250 foreign investors and experts. The international event allows innovative startups to reach potential customers, investors, experts, support organisations and media organisations globally.
The British Pavillion at TechFest Vietnam 2019
NashTech were there as part of the British Pavillion, kindly arranged by the British Embassy in Hanoi. As the largest foreign-owned technology company in Vietnam, it was great to be part of such a vibrant community of people from such a diverse range of backgrounds. It is clear that technology startups are doing great things and attracting a lot in interest from investors.
Panel discussion around globalisation. How to create favourable conditions for start-ups, incubators and foreigners seeking investment opportunities in Vietnam.
At the opening ceremony of the three-day event, Deputy PM Dam expressed his hope that Vietnam’s startup community will create many innovations that contribute to the national and global development. There was also high-level policy dialogue around how to connect domestic and foreign resources in the context of the 4.0 revolution: technological resources, financial resources, human resources. We thoroughly enjoyed the presentations and debate about how to support, nurture and develop this fast-growing scene. It was a pleasure to join the British Ambassador to Vietnam Gareth Ward and HM Trade Commissioner Asia Pacific Natalie Black in discussions around effective ways for growing and developing the UK’s commercial and academic ties with Vietnam.
Vu Vu Minh, Tu Kieu Lam Ngoc and Mark Jacks of NashTech
Deputy Minister Tran Van Tung. Deputy Minister of Science and Technology Vietnam
Speech by Deputy Minister of Science and Technology for Vietnam
At the Techfest closing ceremony on Friday, Deputy Minister of Science and Technology Trần Văn Tùng said the ministry would continue to assist the innovative startup eco-system and support local eco-systems.
He highlighted the determination of ministries and sectors to create favourable conditions through a legal framework for startups, incubators and foreigners seeking investment opportunities in Vietnam. This is so important for the future success of Vietnam’s economy and we fully support it.
We look forward to talking with many more startups and key influencers at TechFest Vietnam 2020.