Vietnam has the most vibrant innovation ecosystem in the region

Ho Chi Minh City Computer Association (HCA), Saigon Innovation Hub and Binance Academy recently organized the Vietnam Technology Day event in Ho Chi Minh City in response to World Innovation Day, April 21.

According to Mr. Nguyen Manh Cuong, Deputy Chief of the Ministry Office – Director of the Southern Office of the Ministry of Science and Technology, in 2023, Vietnam will rank at number 46/132 countries, according to the World Intellectual Property Organization (WIPO). ) published in the Global Innovation Index Report (Global Innovation Index 2023 – GII). Vietnam is one of seven middle-income countries that have made the most progress in innovation over the past decade.

“We have the advantage of young, highly regarded human resources. This is one of the important factors and the country’s potential to promote innovation. In addition, the country’s openness also reached a high level in the region, deep integration helps us have a fast-growing innovation ecosystem”, Mr. Nguyen Manh Cuong commented.

According to Dr. Le Khanh Duy, Head of the Human-Computer Interaction Research Group, University of Natural Sciences, new technologies such as GenAI, blockchain, and IoT are blowing new breeze into Vietnam’s innovation ecosystem. While AI is a tool to help optimize productivity and can act as an assistant and provide suggestions, blockchain can solve the most important problem of today’s society, which is the problem of trust and transparency. White.

At the event, Ms. Lynn Hoang, Country Director of Binance Vietnam shared: If it’s technology in general, we may start slower than the world. But fortunately, with new technology like GenAI and blockchain, times have put us at the same starting point as the world. Opportunities are equally distributed to all. Particularly in the field of blockchain, we can be confident that Vietnam has had a good start, with projects leading global trends. For example, Sky Mavis – the father of the famous GameFi – Axie Infinity, was once considered a Vietnamese unicorn. In less than 3 years, it has surpassed the threshold of 1 billion USD, of which 3/5 co-founders are Vietnamese.

Speakers said that one of the paradoxes of Vietnam’s technology industry is that domestic businesses can create many new models and export software around the world, but domestic businesses are “lazy to apply it”. technology”. In addition, Mr. Nguyen Manh Cuong also pointed out three major challenges of Vietnam’s innovation ecosystem: High quality human resources, very fast technology life cycle and capital.

Mr. Nguyen Manh Cuong said that in recent times, the Government has improved many policies, especially for small and medium enterprises to quickly apply new technology. Meanwhile, universities and businesses are also sitting together to solve the problem of high-quality human resources, ensuring readiness for new waves of technology, so it is expected that in the coming time there will be many changes. strong changes in many fields.

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