HCM City wants US universities’ support in startup promotion

Nguyen Thien Nhan, Secretary of the Ho Chi Minh City Party’s Committee, hopes for further cooperation with the US Massachusetts Institute of Technology (MIT) Sloan School of Management in promoting innovation and start-up spirit in the Vietnamese economic hub.
HCM City wants US universities’ support in startup promotion ảnh 1Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan. (Photo: VNA)

Washington (VNA)
- Nguyen Thien Nhan, Secretary of the Ho Chi MinhCity Party’s Committee, hopes for further cooperation with the US MassachusettsInstitute of Technology (MIT) Sloan School of Management in promoting innovationand start-up spirit in the Vietnamese economic hub.

He had working session with leaders of the MIT Sloan School of Management inBoston on December 13 as part of the US visit by a HCM City delegation.

HCM City, as the largest economic hub in Vietnam, wants to collaborate with theUS’s prestigious academic research and training institutes to carry out itsimportant development plan in startup, smart urban area and economiccompetitiveness capacity improvement, Nhan noted.

On the occasion, the delegation visited MIT Sloan’s Media Lab where pioneertechnologies are created.

Attending a forum on challenges in urban development in 21st centuryfor HCM City at Harvard Kennedy School, Nhan shared the city’s smart urban areadevelopment plan with professors and experts from Harvard University, TrinityCollege and Fulbright Vietnam University.

He said that the plan aims at high and sustainable economic growth, goodservices in healthcare, education, and environment.

Professor David Dapice from the Harvard Kennedy School recommended that Ho ChiMinh City branch out high-added value services, believing that a smart city’seconomic growth is expected to rely on those services.

Experts at the event agreed that Ho Chi Minh City has huge potential to turninto a smart city; however, workforce and public response and engagement arebig challenges.

Meanwhile, Professor Stephen Goldsmith from Harvard Kennedy said a foundationfor digital services is the key to smart city construction.

Earlier, Nhan had meeting with David Mandelbrot, CEO of Indiegogo- one of thetwo largest crowdfunding platforms in the US. -VNA
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