GeneStory, a start-up in the healthcare sector, has become the winner of VietChallenge 2022, the biggest contest for Vietnamese start-ups around the world held at Nasdaq, the second biggest stock exchange.
Launched in May, GeneStory, founded by Vingroup with the participation of leading scientists from many countries such as the US, the Netherlands and Germany, aiming to care for public health through genetic decoding, surpassed five other competitors in the contest’s final round to win a cash prize of US$25,000.
Speaking to the Vietnam News Agency (VNA)'s correspondents after the competition, Deputy Minister of Planning and Investment Tran Duy Dong said that VietChallenge 2022, the seventh edition of its kind, was jointly held by the ministry's National Innovation Centre and VietChallenge Inc., a US-based non-profit organisation, to seek outstanding start-ups with advanced technologies in many areas.
Highly valuing the capacity of the six finalists, Dong said that he hoped Vietnamese start-ups around the world would connect with each other through this contest to build a common innovation ecosystem and help Viet Nam rise and grow stronger in the future.
Ambassador Dang Hoang Giang, Permanent Representative of Viet Nam to the UN, highlighted the strong entrepreneurial spirit of Vietnamese young people, and hailed the efforts of the organisers and competitors in the contest which drew the great attention of both Vietnamese and US business communities.
Held annually since 2015, VietChallenge has so far seen competition from more than 800 Vietnamese start-ups from more than 20 countries worldwide. — VNS