Prime Minister Nguyen Xuan Phuc (R) speaks at Techfest 2020 (Photo: Techfest)Hanoi (VNA) – It is necessary to create the best environment for innovative startupsand startup ecosystem, Prime Minister Nguyen Xuan Phuc said at a dialogue withinvestors, experts and entrepreneurs in Hanoi on November 27.
He said the startupspirit has become popular in Vietnam, and stressed that innovation of more than100 million Vietnamese people, both at home and abroad, should be regarded asnew, endless resources that need to be fully tapped.
The leader,however, pointed out the incomplete domestic startup ecosystem, along withobstacles regarding mechanisms and resources, particularly capital.
Supporting startupswill be a top priority of the Government, he said, pledging to hold moredialogues and step up the communications work in order to devise financialmechanisms and carry forward the role of private investment funds.
During the dialogue,held within the framework of the national innovative startup day Techfest2020, participants also touched upon such issues as digital transformation,opportunities, and role of youngsters in startup and high-quality humanresources.
Nguyen Anh Tuan, First Secretary of the Ho ChiMinh Communist Youth Union Central Committee and President of Vietnam Youth Federation, said ministries and agencies haveadjusted a wide range of policies to facilitate startups.
Apart from various programmes of the Government andministries and agencies, localities have also made decisions and rolled outplans and programmes to support startups in general and innovative startups inparticular, he said./.
VNA
