Techfest 2020 encourages transformation for breakthroughs

(VOVWORLD) - Techfest Vietnam 2020, Vietnam’s largest annual festival for innovative startups co-organized by the Ministry of Science and Technology, opened in Hanoi on Friday.

Techfest 2020 encourages transformation for breakthroughs - ảnh 1A discussion on starting up in entertainment and communications is part of Techfest 2020. (Photo: 

Themed "Adaptation - Transformation - Breakthrough", Techfest 2020 connects local and international entities to advance the startup community amid hardships caused by COVID-19. Vietnam currently has 2,000 startups.

Pham Dung Nam, Director of The Office of the “Support Innovative Startup Ecosystem in Vietnam until 2025” National Program, said, “From now until 2025, we will establish a support network for startups at regional and national levels. Network centers will coordinate resources from domestic and foreign supporters to empower startups.”

Techfest 2020, which will run until Sunday, also includes a conference on shaping the startup eco-system after the COVID-19 pandemic, an award ceremony for the Startup Hunt 2020 competition, and a review of the startup movement by young people.

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