The event will be co-organised bythe Vietnamese Ministry of Industry and Trade, the Asia Foundation and Googlein the run-up to the 23rd APEC Ministers Responsible for TradeMeeting slated for May in the capital city.
During 24 hours, participants arerequired to develop a free application on mobile phone or website to help micro,small and medium-sized enterprises (MSMEs) leverage the Internet to export toforeign markets.
The winners will be announced onMay 19 morning. Minister of Industry and Trade Tran Tuan Anh will presentawards to the winning team at the APEC conference on trade and innovation heldin the afternoon the same day.
The theme of the contest issignificant to the Asia-Pacific region as MSMEs currently make up 98 percent ofall businesses in the region and employ two-thirds of the region’s labourforce.
The event aims to seek newsolutions to strengthening comprehensive development, innovation andsustainability of regional economies as well as to promote the promulgation ofpolicies targeting creativity and innovation in addressing trade issues.-VNA