The Ministry of Science and Technology of Vietnam has initiated a series of events to connect Vietnamese startups with investment from several countries, working with key partners in the United States since September 6th. The business delegation will gather at “Techfest Vietnam in the USA” on September 13th (local time) at Silicon Valley’s Hero City in a ground-breaking gathering of 200 experts, investors, and important representatives of the innovative startup ecosystem of the two countries.

In order to foster an environment for Vietnamese startups to reach out to the world, connect with the international startup community, and gain experience in building an innovative startup ecosystem, Techfest Vietnam 2019 — the national event for Vietnam’s startup community, overseen by the Deputy Minister of the Ministry of Science and Technology of Vietnam — has kickstarted an intensive working program from September 6th, with several important American partners in Boston and San Francisco.

The journey includes plenty of visits to the most successful technology corporations in the world, including Amazon and Google, presenting a unique opportunity for the business delegation to learn from Silicon Valley’s achievements in building and connecting a startup ecosystem. 

During its visit to the United States, the Ministry of Science and Technology of Vietnam is expected to sign a Memorandum of Understanding (MoU) with new key partners in the United States, such as Ai20x, a prominent incubation center in the US; Pegasus Tech Venture, the organizer of Startup World Cup; Stripe Inc, a company that supports startups exploring the US market; and several others in an effort to support the Vietnamese startup ecosystem. In addition, other organizations in the fields of finance, business acceleration, ecosystem building, and more are taking part in the program, including Tim Draper University’s Hero City, Republic, 500 Startups, and the Founder Institute, promising to create favorable opportunities for startups from Vietnam. 

Techfest Vietnam has been attended by hundreds of investors, guest speakers, and international experts from 20 countries. (Cre: TF)

After facilitated one-to-one investment networking with approximately 50 VCs and angel investors from the United States, the delegation will participate in Techfest Vietnam in the USA on September 13th (local time) at Hero City (55 East, 3rd Avenue, San Mateo). The event is being held for the first time in the United States under the framework of the “Initiative for Startup Ecosystem in Vietnam – ISEV” (National Program 844). The event expects to attract nearly 200 attendees, including Vietnamese expatriates, representatives of Vietnam’s startup ecosystem, and American investors and experts.

In addition to startup pitching activities, one of the most important parts of the event is the “Silicon Valley – Vietnam Ecosystem Connection” Panel, where representatives of the two countries will discuss opportunities to connect and promote investment and develop startup ecosystems.

To see the detailed schedule and register for Techfest Vietnam in the USA on September 13th (local time), please visit:  https://techfest.vn/event/techfest-usa/ 

Deputy Ministry of Science and Technology of Vietnam awards Abivin at Techfest Vietnam 2018

In addition to the participation of various department heads of the Ministry of Science and Technology of Vietnam, 10 select startups from Vietnam will be joining in the events, such as Abivin — a startup that managed to surpass competitors from over 40 countries around the world to win the Startup World Cup 2019, startups from Top 10 Techfest Vietnam (Ecomeasy Asia, Tubudd, and more), and other award-winning startups from competitions across Vietnam (Smilee, Gostream, Go Amazing, etc).

Other stakeholders of Vietnam’s innovative startup ecosystem will be participating in the event, such as business accelerators and institutional investors (ThinkZone Accelerator, Vietnam Startup Investment, and Development Joint Stock Company Robot Vina); corporations (Proview Joint Stock Company, K-Group Vietnam Joint Stock Company, Trang An Investment Trading and Service Co., etc.); and universities (University of Economics and Law – Ho Chi Minh National University).

Kicking off the trip, the delegation attended the East-West Connect Conference 2019 with the participation of nearly 100 experts and investors based in the United States, including successful Vietnamese entrepreneurs such as Dr. Vu Duy Thuc, CEO of OhmniLabs in Silicon Valley; Hung Tran, Founder of GotIt!; and Tuyen Do, Senior Managing Director of Teneo Capital.

National Final of Vietchallenge 2019 in Vietnam. (Cre: VTV)

Leaders of the Ministry of Science and Technology also attended Vietchallenge — an annual startup competition for Vietnamese entrepreneurs from all over the world (hosted by The Association of Vietnamese Students and Professionals in the United States of America) in Boston on September 7th, showing its commitment to supporting Vietnamese students to practice entrepreneurship and nurturing a global mindset, allowing for rich contribution back to Vietnam. Discussions with world-renown universities in the United States — Massachusetts Institute of Technology (MIT), Tuff, UMass, Stanford, etc. where many excellent Vietnamese students study — is evidence of the government’s efforts to connect the two countries’ intellectuals to bring forth new possibilities for connection and innovation. This is also an opportunity for Vietnam to learn from the experiences of supporting entrepreneurship at the world’s largest academic and technological centers, thereby creating a driving force for the development of the ecosystem in the country.

Techfest Vietnam is the biggest annual national event for the country’s innovative startup community 

In the next few months, Techfest Vietnam International 2019, representing the ambitions of Techfest Vietnam in becoming a global event for startups to attract investment and collaborate with professionals from all over the world, will be held in other countries with leading startup ecosystems, such as Singapore and South Korea. The event is also an opportunity to gather the overseas Vietnamese community, providing opportunities for them to connect and support not only the Vietnamese innovative startup community but also Vietnam as a whole.

Event Details of Techfest Vietnam in the USA:  https://techfest.vn/storage/landing-page/techfest-america/

Time: 14:30 – 20:00, 13/09/2019 

Location: Hero City (55 East, 3rd Avenue, San Mateo)

Agenda: https://techfest.vn/en/document-categories/documents-of-techfest-vietnam-in-the-usa

For more information: 

Email: [email protected]

Website: techfest.vn

Hotline: (+84) 24 3556 0621

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