Start-ups in Viet Nam can now seek opportunities to apply the latest technologies to reform their business models.

This was discussed at a workshop held in Ha Noi on Tuesday as part of the Techfest 2017. The workshop aimed to connect experts, small- and medium-sized enterprises (SMEs) and start-ups to create sustainable value chains.

Chief executive officers (CEOs) of start-ups as well as investors and young tech enthusiasts had a chance to talk to leading experts and gain information on new tech trends.

The workshop was also intended to raise local investors’ awareness about technology and help CEOs from various fields realise the likelihood of the application of technology in their spheres.

It was also an ideal opportunity for CEOs, investors, start-ups, and experts to network, share and learn from each others’ experiences.

The Techfest Vietnam 2017 is scheduled to take place in Ha Noi mid-November to promote the start-up ecosystem in Viet Nam, and to link domestic and international start-ups by luring investment for start-up firms, providing policy consultancy on innovation, honouring start-ups and organisations for active contributions to the start-up community.

The 2016 Techfest attracted nearly 170 investors and more than 3,000 visitors.

With its young population, Viet Nam is working towards becoming a startup nation in the Asia-Pacific Economic Cooperation (APEC). The Government is targeting one million effective enterprises by 2020. — VNS