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| Delegates attend the opening of Open Innovation Day 2025, held in HCM City from October 25-26. — Photo courtesy of the organisers |
HCM CITY — Turning know-how from coverage imaginative and prescient into financial affect would require Việt Nam to construct stronger connections between authorities, enterprise and analysis establishments, consultants stated on Sunday on the Open Innovation Day (OID) 2025 in HCM City.
The two-day occasion, themed “Technological Breakthroughs – Promoting Green and Digital Transformation,” has drawn policymakers, world traders, startups and main companies to debate how open innovation can energy Việt Nam’s sustainable growth ambitions.
The discussions on the second day of the occasion centered on easy methods to remodel the nation’s innovation ecosystem from fragmented initiatives into an built-in, results-driven community supporting the transition to a green financial system.
Phạm Hồng Quất, director of the National Agency for Technology Entrepreneurship and Commercialisation Development (NATEC) beneath the Ministry of Science and Technology, stated the nation’s subsequent growth part would rely on “turning local resources into innovation capital.”
“Việt Nam’s most valuable assets are its young people, creativity and resilience,” he stated. “We must connect these assets with science, technology and industry to build a truly sustainable innovation ecosystem.”
The ministry would proceed to work carefully with provinces and companies to develop pilot programmes that join know-how startups with industrial companions and traders, he added.
Trust as basis of innovation
Bùi Trung Hiếu, deputy director of the Open Innovation and Technopreneur Institute (OITI), stated Việt Nam’s innovation journey should start with belief – in authorities course, enterprise capabilities, and native expertise.
“Technology and capital are important, but what drives innovation is trust,” he stated. “Trust that policies will be consistent, that businesses can take risks, and that researchers can create real-world impact.”
OID would function a bridge linking authorities and the non-public sector to collectively sort out challenges in clear power, digital transformation and sustainable manufacturing, he famous.
Since its institution, OID has linked greater than 140 CEOs and founders, 30 main companies and 200 startups and small and medium-sized enterprises (SMEs).
The Open Innovation Challenge (OIC) platform beneath OID has launched a number of flagship programmes, together with the Carbon Factor for Net Zero Future 2023, Industrial AI Challenge 2024, and Next Wave for Startups 2025, which have attracted a whole lot of proposals addressing points from carbon discount to AI purposes in agriculture and power.
“Innovation must move beyond ideas to implementation,” he stated. “We’re creating mechanisms that allow startups to pilot, test and scale their technologies with real corporate partners.”
Balancing digital and green targets
Experts from the Global Green Growth Institute (GGGI) warned that whereas applied sciences corresponding to AI and cloud computing may assist speed up local weather resilience, in addition they posed new sustainability challenges.
“AI and data centres are energy-intensive and require careful management to ensure they contribute to, rather than undermine, green goals,” stated Juhern Kim, GGGI’s nation consultant in Việt Nam.
GGGI has helped mobilise greater than US$300 million for green tasks in Việt Nam and goals to channel billions extra into renewable power, sensible manufacturing and green finance initiatives.
“We should prioritise potential winners – companies that can deliver both economic and climate impact,” Kim stated.
OID 2025 options eight high-level panel discussions throughout two days, masking science and know-how coverage, AI ecosystems, blockchain, information governance, cloud computing, renewable power, superior supplies and cross-border e-commerce.
Insights from the discussions might be included into coverage suggestions on the HCM City Economic Forum (HEF) 2025, to be held from November 24-30 beneath the theme “Artificial Intelligence for Growth.”
OID 2025 is initiated by NATEC beneath the Ministry of Science and Technology and co-organised by OITI, the Technology Incubation Center (TIC), and the Global Green Growth Institute (GGGI), with assist from SoiHub, Saigontel, Qualcomm, Business Finland and WorkFlow. — VNS
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| Delegates talk about rising know-how tendencies and startup collaboration throughout a session on the two-day occasion in HCM City. — Photo courtesy of the organisers |