TECHFEST Vietnam 2025, organised by the Ministry of Science and Technology in coordination with the Hanoi People’s Committee, was held in Hanoi from December 12–14, bringing collectively startups, companies, traders, universities, and worldwide companions. The occasion served as a discussion board to replace policy developments, discover funding alternatives, showcase pioneering enterprise fashions, and promote the spirit of entrepreneurship nationwide.
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| Prime Minister Pham Minh Chinh giving his speech on the opening of TECHFEST Vietnam 2025. Photo: MST |
Speaking on the opening ceremony on December 13, Prime Minister Pham Minh Chinh stated, “TECHFEST is an important event, a place where intellect converges, communities connect, ideas are nurtured, and entrepreneurship and innovation are promoted. The fact that TECHFEST has been held continuously for the past 11 years demonstrates the strong determination of the Party, state, and government in building and developing the national innovation and startup ecosystem.”
In latest years, Vietnam has issued a collection of insurance policies and resolutions figuring out science, expertise, innovation, and digital transformation as key growth drivers. These have been translated into motion programmes aimed toward enhancing the authorized framework, selling enterprise capital, supporting the commercialisation of analysis, and increasing sources for the startup ecosystem.
The efforts have delivered tangible outcomes, together with regular beneficial properties within the world innovation index, fast development in digital infrastructure, and rising prominence of nationwide and worldwide initiatives similar to TECHFEST, which proceed to draw specialists, companies, and traders. However, Prime Minister Pham Minh Chinh famous that the ecosystem nonetheless trails regional and world friends and has but to totally match the nation’s potential. He highlighted the necessity to strengthen linkages between home and foreign-invested corporations, enhance analysis commercialisation, deepen participation in world worth chains, and make clear Vietnam’s positioning in strategic fields similar to semiconductors, AI, and data-market growth.
The Prime Minister outlined a set of priorities to additional develop the revolutionary startup ecosystem, calling on ministries, sectors, and localities – notably the Ministry of Science and Technology (MST) – to proceed enhancing establishments, take away limitations, and settle for managed dangers when piloting new fashions. He additionally confused the necessity to put money into expertise and digital infrastructure, in addition to innovation centres.
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| TECHFEST Vietnam 2025. Photo: MST |
Affirming the federal government’s supportive function, the Prime Minister stated stronger situations could be created for revolutionary startups, together with improved insurance policies, administrative reforms, capital-market growth, and the mobilisation of home and international sources.
TECHFEST Vietnam 2025 is the biggest version to this point, drawing greater than 60,000 contributors each in particular person and on-line. The occasion options over 20 firms, 50 funding funds, and greater than 100 help organisations and incubators, alongside delegates from Southeast Asia, Northeast Asia, Central Asia, the Middle East, North America, and Europe.
The occasion is held amid the nationwide implementation of Politburo Resolution 57-NQ/TW on breakthroughs in science, expertise, innovation, and digital transformation, as the federal government finalises the nationwide technique on revolutionary entrepreneurship. Against this backdrop, TECHFEST Vietnam 2025 carries specific significance, adopting a brand new organisational mannequin that expands scale and interplay, and allows broader public entry to applied sciences, enterprise fashions, and startup help companies.
A key new function of TECHFEST Vietnam 2025 is its shift from a conventional hall-based format to an open-space mannequin, enabling extra direct interplay amongst residents, startups, traders, and tutorial establishments. Panel discussions and workshops had been held in cafés, eating places, and open networking areas, whereas interactive expertise zones expanded participation to enterprise homeowners, college students, senior residents, and small and medium-sized enterprises, making a multidimensional platform linking market, expertise, policy, and funding.
During the occasion, 10 localities had been recognised for his or her efficiency in creating revolutionary startup ecosystems in 2025, and winners of the Data for Life 2025 competitors acquired commemorative plaques and vouchers to entry innovation-centre programmes.
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| Representatives of 10 localities recognised for excellence in creating revolutionary startup ecosystems. Photo: MST |
The National Policy Forum was held throughout TECHFEST, and it introduced collectively greater than 100 worldwide specialists to debate rising developments in enterprise capital, expertise commercialisation, human useful resource growth, and public–personal partnership fashions. The occasion additionally featured greater than 20 worldwide workshops and skilled seminars on AI, information, fintech, inexperienced expertise, sports activities expertise, the round financial system, and open innovation.
In parallel, an exhibition space allowed the general public to expertise applied sciences similar to AI, the Internet of Things, robotics, new supplies and different pioneering options. The last spherical of the National Innovation Startup Talent Search Competition was additionally held, showcasing the nation’s prime 20 startup groups.
In 2025, Vietnam’s startup ecosystem entered a brand new section of development, with almost 4,000 revolutionary startups and two expertise unicorns in operation. The nation ranked forty fourth out of 139 economies within the Global Innovation Index and fifty fifth out of 100 within the world startup ecosystem index.
Several main Vietnamese cities additionally featured among the many world’s prime 1,000 startup hubs, together with Hanoi (148th), Ho Chi Minh City (one hundred and tenth), and Danang (766th). These rankings replicate stronger links between home and worldwide sources, positioning the ecosystem among the many world’s three fastest-growing and fifth in ASEAN.
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