Experts said Viet Nam needs to build up the National Innovation Centre to create a technological start-up ecosystem and upgrade the national innovation system.– Photo cand.com.vn Experts said Viet Nam needs to build up the National Innovation Centre to create a technological start-up ecosystem and upgrade the national innovation system. In a speech at a workshop on establishing the National Innovation Centre (NIC) held by the Central Institute for Economic Management (CIEM) on Wednesday in Ha Noi, CIEM director Nguyen Dinh Cung said the centre plays an important role in bringing new technologies to businesses and individuals. “Viet Nam’s innovation centres can help convert the country into an innovation-driven society based on Industry 4.0 technology,” bnews.vn quoted Cung as saying. “The NIC will have an advanced development model to create an international-level ecosystem for tech start ups. Dang Quang Vinh, deputy director of CIEM’s Business Environment and Competitive Ability Department, said innovation centres in Viet Nam have remained outside the world ranking. In the past 10 years, centres supporting start-up enterprises did not succeed in creating a billion-dollar company. The NIC will be the hub for the innovation ecosystem in Viet Nam, Vinh said. In its first stage, the NIC will focus on hardware and software in fields such as smart cities, digital industry (games, advertising, movies and music) and network security. CIEM proposed the NIC as a social enterprise with 100 per cent private investment under the provisions of the 2014 Enterprise Law. The NIC will enjoy business incentives… [Read full story]
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