NDO - On September 4, within the framework of Korea Startup Investment Week 2024, the Vietnam Network of Higher Education Innovation Entrepreneurship Center (VNEI) and the Daejeon Center for Creative Economy and Innovation (DCCEI) signed a Memorandum of Understanding (MOU). This marks a new milestone in the long-standing and increasingly deep cooperation between Vietnam and South Korea in the fields of science, technology, and innovation.
Leading the Vietnamese delegation at Korea Startup Investment Week 2024, Deputy Minister of Science and Technology Hoang Minh delivered a significant speech at the opening ceremony. He affirmed the pivotal role of science and technology in economic development and the promotion of international cooperation. Deputy Minister Hoang Minh emphasized that the cooperative relationship between Vietnam and South Korea has continuously developed over the past 30 years, especially in the fields of startups and innovation.
He called on South Korean investors to increase their investment in Vietnam's startup ecosystem. Deputy Minister Hoang Minh noted that Vietnam currently has over 4,000 startups, including three unicorns and more than 10 companies that have raised over 100 million USD. These are important strides affirming Vietnam's attractiveness as a strategic investment destination in technology and startups.
Representatives from the Ministry of Science and Technology also invited South Korean investors to participate in Techfest, currently taking place in Daejeon, where innovative Vietnamese startups are showcasing their advanced technological products. Deputy Minister Hoang Minh also shared plans to organize the National Innovative Startup Festival in Hai Phong in November 2024.
According to the MOU between the Vietnam Network of Higher Education Innovation Entrepreneurship Center (VNEI) and the Daejeon Center for Creative Economy and Innovation (DCCEI), the two organizations will collaborate on startup support activities. These include planning and participating in official events, providing information to expand business opportunities, supporting industry visits, and implementing joint projects to enhance the global capacity of startups. South Korea will support incubation programs at VNEI and share experiences and knowledge transfer from DCCEI to Vietnamese startups.
Dr. Nguyen Trung Dung, Chairman of VNEI and CEO of BK Holdings (Hanoi University of Science and Technology), emphasized that the signing of the MOU is an important step in strengthening cooperative relations between the two sides. He expressed hope that this cooperation will bring numerous benefits to the startup communities in Vietnam and South Korea.
Echoing this sentiment, Mr. Park Dae-Hee, Chairman of DCCEI, expressed his delight at this cooperation opportunity and believed that the signing of the MOU will create many new opportunities for both parties. "The combination of our resources and expertise will contribute to the robust development of the startup ecosystem," he emphasized.
