Hanoi, the capital city of Vietnam has a very vibrant startup scene powered by young entrepreneurs. Tomorrow it is hosting- the Techfest – from May 15 to May 17 for next generation innovators. This inaugural Techfest 2015 will be seen as an important activity within the Science and Technology Week, an annual national week prior to the Science & Technology Day on May 18. SD ASIA is a media partner of this event.
National Agency Technology Entrepreneurship and Commercialization Development (NATEC) under the Ministry of Science and Technology is organizing the Tech Fest. The idea is to promote new ideas and talents through a network of international investors and big names like Frontiers Ventures, Golden Gate Ventures, 1337 Ventures, and Cyber Agent Ventures.
“Not only does this event provide an opportunity for the startup ecosystem to look back and celebrate all tech achievements, it also creates a platform for open discussions and sharing experiences to address challenges and enforce future innovative technology solutions. As one of the most active community builders, HATCH! PROGRAM is glad to be a co-organizer of TECHFEST 2015”- Pham Quoc Dat, Cofounder and Director HATCH! PROGRAM, Co-Organizer of Techfest
This 3 day event will feature various panels, workshops, chats, investor speed dating, pitches and business matching. HATCH! Program, Hub.IT, Topica Founder Institute, Innovation Partnership Program and the Embassy of Israel in Vietnam are the co-hosts of the program.
Bobby Liu, the founder of co-working space Hub.IT in Hanoi explained how this is an all encompassing platform that will connect the Vietnamese Startup Ecosystem with the rest of region. He also thinks that Tech Fest will create bonds between Vietnam’s 3 major cities, Hanoi, Da Nang and Ho Chi Minh City all of which are thought to be the startup hubs of Vietnam.
“TechFest does not just showcase startups, but it will demonstrate the entire tech environment in Vietnam, a nascent but also vibrant ecosystem,”-Bobby Liu
According to him, Techfest will also help bridge the gap between the country’s three ecosystems in major cities of Hanoi, Da Nang and Ho Chi Minh City, which are being seen as Vietnam’s hub for startups.
Vietnam is well positioned in the region given its political stability which is not the case in Thailand and Indonesia-and it is now the world’s No.1 outsourcing destination putting China and India behind where costs have gone up.