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National achievers congress

Map for national innovative startup ecosystem makes debut

March 4, 2021 by sggpnews.org.vn

Vietnam 2021 Map for National Innovative Startup Ecosystem includes many sectors, selected based on such criteria as great contribution to innovative startup activities, enthusiastic participation in National Program No.844 to ensure a diversity in professions and fields.

In the middle of the map is the part for 30 outstanding startups with impressive achievements lately. Around it are five sectors of network, talent, capital, support, and service.

The map is expected to help international partners easily locate and contact prominent organizations in the current ecosystem. It is frequently updated to precisely reflect the sustainable growth of the national ecosystem in the upcoming year.

At present, National Program No.844 is aiding intermediary organizations in their activities to support startups like incubation, business promotion, investment attraction, necessary service provision (media coverage, human resources training).

ISEV is formed in accordance with Decision No.844/QD-TTg by the Prime Minister, clearly affirming that innovative startup is a new business model based on exploiting Intellectual Property, advanced technologies, and with an operation time of less than 5 years from the first business permit certificate date.

This national program aims at creating a favorable environment for the creation and growth of new enterprises with high growth potential based on Intellectual Property, technologies, new business models; quickly perfecting the legal system to support innovative startups; and forming a national innovative startup portal.

The program estimates that in 2025, there will be 2,000 startup projects incubated, 600 startup businesses created, and 100 enterprises successfully attracting investment from venture capitalists via purchasing or merging, with a total value of around VND2,000 billion (approx. US$86.8 million).

Statistics from Echelon Magazine (Singapore) reveal that in 2020, Vietnam owns 3,000 innovative startups, a double of the quantity in 2015.

By Ba Tan – Translated by Thanh Tam

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PM attends national congress of Vietnam Union of Science and Technology Associations

December 25, 2020 by en.nhandan.org.vn

Speaking at the congress, PM Phuc urged the association to continue its work in building up the Vietnamese intellectual circle in order to serve national development.

The Government leader spoke highly of VUSTA’s role in gathering and uniting Vietnamese scientists and technical experts at home and abroad, providing favourable conditions to make contributions to their homeland.

Intellectuals lay the foundation for social progress, and Vietnamese intellectuals play a crucial role in the country’s construction and development, the PM said, asking the union to strengthen its operations to become a strong political and social organisation, acting as the voice of scientists and technicians across the country, while caring for and protecting the legitimate rights and interests of its members.

The union was also assigned to serve as a consultant for the Party and State in gathering the brainpower of intellectuals, while contributing ideas to the Party and State’s policies and major socio-economic projects and programmes.

The congress saw the participation of over 900 delegates representing more than 3 million VUSTA members nationwide.

The participants reviewed the union’s operations in the 2015-2020 period and set out its orientations and tasks for the next five years.

Member of the Party Central Committee and Chairman of the National Assembly’s Committee for Science, Technology and the Environment Phan Xuan Dung was elected as President of the union.

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Vietnam Women’s Museum receives photos, items

March 3, 2021 by en.vietnamplus.vn

Vietnam Women’s Museum receives photos, items hinh anh 1 A view of the event. (Photo: VNA)

Hanoi (VNA) – The Vietnam Women’s Museum in Hanoi on March 3 received photos, documents and items with the theme “ Memories and Heritages ” from diplomats, photojournalists, female doctors, and fashion designers.

The event is the beginning of a series of activities to honour the “ao dai” (traditional long dress), marks the 111th International Women’s Day on March 8, and responds to the “ Week of Ao Dai ” launched by the Vietnam Women’s Union (VWU). It also marks the success of the 13th National Party Congress.

Ambassador Nguyen Phuong Nga, President of the Vietnam Union of Friendship Organisations and former Deputy Foreign Minister, donated two “ao dai” she wore during a ceremony to receive a decision on her appointment as Ambassador and head of Vietnam’s Permanent Mission to the UN, and a ceremony to present a Letter of Credentials from then State President Truong Tan Sang to UN Secretary General Ban Ki-Moon in 2014.

Associate Professor Dr Nguyen Thi Phuong, former deputy head of the paediatrics faculty at the Hanoi Medical University, handed over three diaries she wrote from 1960-1976. She recalled her life as a student and her time working at the Hanoi Medical University Hospital.

Twenty designers donated 20 “ ao dai ” out of more than 1,000 displayed at a show held jointly by the VWU and the Ministry of Culture, Sports and Tourism on June 28 last year.

The “ao dai” feature well-known Vietnamese heritages such as Phong Nha – Ke Bang National Park, Hoi An ancient town, and Central Highlands’ gong culture, among others.

Photojournalist Dinh Quang Thanh, a former reporter of the Vietnam News Agency, presented nearly 400 works to the museum featuring the beauty of Vietnamese women in labour and life as well as craft villages and local landscapes./.

VNA

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A hard commitment to soft power

March 3, 2021 by www.vir.com.vn

Vietnam is currently going through a growth spurt while entering an era with more modern and people-centred considerations rising in prevalence. What role does “soft power” play in GDP growth as well as regional and global success?

1533 p4 a hard commitment to soft power
Vu Ba Phu, director general of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade

Vietnam’s soft power stems from not only the promotion of its own values such as the heroic history, rich culture and traditions, and pacifist foreign policy but also the development and optimisation of a range of new positions and advantages.

Amid the difficulties of 2020, the successful dispensing of its dual role as both ASEAN chair and non-permanent member of the United Nations Security Council is testament to the successful application of soft power in Vietnam’s foreign policy. In 2020, the world lauded Vietnam’s rapid response and contributions to regional and international affairs thanks to its ability to grasp opportunities, taking the initiative in coping with dynamic situations and ensuring economic recovery while promoting multilateralism and international solidarity to get through the COVID-19 crisis.

Vietnam not only dived deeper into the global economy and made increasing contributions to shaping the ground rules of international organisations, it also prepared for further comprehensive integration. Possibly the greatest achievements were extending Vietnam’s diplomatic relations to 187 out of 193 member states of the United Nations while completing negotiating and signing new-generation free trade agreements (FTAs), making the country an integral factor in all regional and intra-regional economic links.

With these steps, Vietnam is now one of the most open economies in the world, with the ratio of foreign trade to GDP increasing from 136 per cent in 2010 to approximately 200 per cent in 2019. Amid COVID-19 shutdowns in early 2020, Vietnam was among the very few countries to achieve positive GDP growth of nearly 3 per cent.

Vietnam’s soft power is a combination of many factors and has made significant contributions to increasing its prestige and position in the regional and international arena.

Branding is a strong tool for advocacy among global stakeholders. How is Vietnam globalising its homegrown brands?

In today’s continuously evolving economy, the greater a brand’s recognition in the international market, the more strength it provides to its country. Notably, branding will play a crucial role as Vietnam steps up participation in more and more new-generation FTAs.

Recognising this, the Vietnam Value Programme, launched in 2003, is the government’s unique and long-term trade promotion programme aiming to build Vietnam’s image as a country of high-quality products and services, to increase the pride and attraction of the country and its people, and to boost foreign trade and national competitiveness.

As the programme management agency, the Ministry of Industry and Trade of Vietnam (MoIT) has been actively supporting Vietnamese enterprises to improve their capacity through business development consultancy, establishing information systems, and updating branding knowledge. Promotion and public relations have also received a lot of attention to increase public and international awareness about the programme and Vietnam Value products through various channels.

The MoIT also builds and promotes geographical indications and collective trademarks from across the country in foreign markets, improving competitiveness of businesses based on a reputation for quality, environmentally-friendly production, and professionalism, thereby consolidating the position of Vietnamese brands globally.

Thanks to the support of the programme, many Vietnamese corporations and businesses have become aware of the importance of branding. Enterprises have gradually learned to promote their brands professionally, improving their competitiveness and reaffirming their position in the domestic and foreign markets.

Many outstanding Vietnamese brands have resonated with regional and international consumers and partners. For example, Viettel is in the globe’s top 15 in terms of mobile subscribers and the top 40 in terms of revenue. Meanwhile, Truong Hai Auto Corporation is gradually rising to the top position in the ASEAN region and state-owned Khanh Hoa Salanganes Nest One Member LLC has the largest swiftlet exploitation output. TH Group is the first Vietnamese company to successfully penetrate the Chinese market, the second-largest dairy consumption market in the world.

All these successes by individual brands have been continuously raising Vietnam’s national brand to a stronger global position.

How has COVID-19 impacted Vietnam’s international relations?

The far-reaching impacts of the COVID-19 pandemic have pushed many countries into a health and economic crisis. Despite the unprecedented challenges, Vietnam has been one of the world’s success stories in getting the outbreak under control, maintaining socioeconomic stability, and promoting bilateral and multilateral diplomatic activities. The initial great successes in the fight against the COVID-19 pandemic were due to the successful combination of the nation’s strength, in which soft power played a significant role.

Vietnam has proactively deployed its diplomatic strategy to orchestrate COVID-19 response, committed and stood ready to share information, and donated medical supplies to countries in need. The message of leaving no-one behind is one of the most vivid demonstrations of Vietnam’s wielding of soft power, proving the Vietnamese spirit of solidarity. That humanitarian spirit is also reflected in the help provided to overseas Vietnamese to return or the messages foreigners have posted about how fortunate they feel to be staying in the country during the outbreak.

Its effective anti-pandemic policies, along with the responsibility and dignity Vietnam has shown on the international stage, have been highly appreciated by international friends.

How will this successful use of soft power be turned into economic gains?

With the efforts of the government and the collaboration of the Vietnamese people to prevent and control the pandemic, Vietnam is now well-known as a safe country. This renown makes it easy for Vietnam to draw international investment, events, and tourists, which bring great opportunities for economic development.

Not only that, Vietnam has succeeded in turning the challenges of the COVID-19 crisis into advantages to enhance the image of Vietnamese products and national brands. Vietnam has defied the global trend with its brand value skyrocketing 29 per cent on-year, from $247 billion to $319 billion, ranking 33rd among the world’s top 100 national brands, and being the fastest-growing national brand in 2020.

Soft power is an extremely valuable asset for Vietnam to turn challenges into opportunities. In the midst of difficulties, Vietnam’s use of soft power was not weakened but became stronger than ever. Thanks to strong social consensus, national solidarity, and unity, Vietnam has gained impressive achievements which effectively improved its image in the international arena.

What are Vietnam’s goals for the next decade in terms of building up its soft power capabilities?

Vietnam aspires to achieve comprehensive innovation and extensive international integration, to become a country with modern industries and high average income by 2030, then a developed country with high income by 2045. To reach higher international stature, soft power will play an even more cardinal role, requiring efforts from the entire political system, each enterprise, and each Vietnamese citizen.

Firstly, Vietnam needs to create a systematic and long-term plan to promote soft power. It is also necessary to improve growth quality and labour productivity, and to promote creative industries, thereby improving the competitiveness of the economy as a whole.

At the same time, it is necessary to continue to preserve and promote the diverse and rich values of Vietnamese culture. Concurrently, studies and assessments by experts drawing comments from the community will also pave the way to pick out the unique, remarkable cultural elements for focused investment and development, thereby making great contributions to Vietnam’s socioeconomic development.

Vietnam should also increase its use of soft power in diplomacy. Globalisation is creating ever more complex interdependencies and in this environment, regional and global diplomacy should concentrate on leadership and mediation through softer means.

It will also be necessary to prioritise and focus investment on scientific and technological development to ensure Vietnam’s competitiveness. The creation of high-quality and highly competitive products requires proper appreciation of ICT in building national soft power as well as applying new and innovative technologies in production.

In addition to building and promoting soft power, Vietnam also needs to strengthen its hard power to create synergies, creating “smart power” in the new era to enhance integration and enhance its global strategic and economic position.

Vietnam rises in global soft power rankings

Vietnam has moved up three places to 47th in the Global Soft Power Index for 2021, which ranks the world’s top 60 soft power nations, it was revealed last week.

According to the Brand Finance report, Vietnam was the only country in ASEAN to earn an upgrade in the rankings.

Vietnam has been considered a bright spot globally thanks to the increasing value of its national brand, along with socioeconomic results reached during a tough 2020. As an obvious highlight, according to the report, Vietnam objectively managed COVID-19 extremely well. The country was spared a year of lockdowns and besieged hospitals, and has one of the lowest infection and death rates in the world.

Not only has the response to the pandemic been impressive, given its shared border with China, but Vietnam also experienced one of the highest economic growth rates globally in 2020.

Commenting on the achievement, Samir Dixit, managing director of Brand Finance Asia-Pacific, stressed that economic growth in the 21st century is all about sustained collaborations amongst various stakeholders and the correlation of perceptions of the nation brand with the brands from the country, which can truly enhance the country’s soft power, both internally and externally – something which Dixit says Vietnam seems to be managing well.

At a national level, Vietnam had established diplomatic relations with 187 out of 193 member states of the United Nations and completed the process of negotiating and signing new-generation free trade agreements, making the country an important factor in all regional and intra-regional economic links, which is a booster for Vietnam’s imports and exports.

Dixit added that the Vietnam Value Programme management agency, through the Ministry of Industry and Trade, has actively supported Vietnamese enterprises to improve their capacity through consulting business development, establishing information systems, and updating branding knowledge.

All these initiatives and efforts have helped increase the awareness of the public, international consumers, and customers about the programme and products through various domestic and international media channels.

“Thanks to the efforts of the Vietnam Value Programme, Vietnam’s processed food industry now contributes upwards of $17 billion of the country’s exports, and the apparel industry makes up over $22 billion of Vietnam’s exports. These economic contributions are absolutely crucial for Vietnam’s overall growth, its reputation, and contribution to Vietnam’s soft power,” he added.

The Global Soft Power Index covers over 75,000 respondents in 100 countries, and aggregates how the world views the top soft power nations, as well as enables a more granular snapshot of nation-to-nation attitudes. The findings are often deemed crucial for governments seeking to better manage their national brands and improves their soft power metrics.

By Van Nguyen

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Pandemic offers opportunities for Vietnam’s 2021 growth

March 4, 2021 by ven.vn

pandemic offers opportunities for vietnams 2021 growth

Digital transformation is an indispensable way for businesses to grow

Pandemic boosts digital progress

The past year was a difficult and challenging one for the Vietnamese business community. The global impact of the Covid-19 pandemic disrupted supply and reduced demand, heavily undermining the Vietnamese economy dependent on export markets and major trade and investment partners.

With strenuous efforts in pandemic control and economic growth restoration by the government, ministries, sectors and businesses, Vietnam’s GDP grew almost three percent in 2020, making it one of the few countries in the world to record net positive GDP growth.

Phan Xuan Dung, Chair of the National Assembly’s Committee for Science, Technology and Environment, said that despite the impressive GDP achievement compared to other countries, Vietnamese businesses need to double or triple their efforts, cooperation and connectivity if they are to recover and develop.

World Bank Lead Economist and Program Leader for Vietnam Dr. Jacques Morisset said Vietnam was likely to achieve a high growth rate thanks to its success in pandemic control, and while global trade declined seriously in 2020, Vietnam endeavored to export more than the rest of the world did. In the past, Vietnam was inefficient in digital transformation, but since the pandemic, two-thirds of companies in Vietnam have shifted to digital platforms, he said. Expressing his optimistic outlook for Vietnam’s economy, Morisset said that although the world economy is still unpredictable, Vietnam’s economy will certainly accelerate strongly, possibly growing more than six percent in 2021.

Vu Tien Loc, Chair of the Vietnam Chamber of Commerce and Industry (VCCI), said Vietnam still has huge room for development, making the six-percent growth target for 2021 feasible.

pandemic offers opportunities for vietnams 2021 growth
The processing and manufacturing industries achieved high growth in 2020

Easing business environment problems

According to Loc, Vietnam needs to further simplify administrative procedures, ease problems related to its investment environment and overlapping laws and policies if it is to create a new driving force for economic growth. Meanwhile, businesses need to continue upgrading their operations and consider sustainable development and digital transformation an inevitable path to improve their competitiveness and integrate into international economic communities, Loc said.

Do Van Ve, Chairman of the Thai Binh Province Business Association, said Vietnam achieved a growth of almost three percent in 2020 although it had to focus on pandemic control, including social distancing, for more than half a year, indicating that the country will likely reach a growth of more than six percent in 2021 if it does well in terms of macro and microeconomic development. Startup development is crucial for small businesses to grow and big ones to become larger, he said. Enterprises need to pay due heed to product/service quality, price, design, and distribution strategies, and take opportunities offered by new generation free trade agreements.

An appropriate ecosystem and a stable and transparent legal framework are vital for business development. Although it has improved its business environment, Vietnam has not yet achieved the set target of becoming one of the four ASEAN (Association of Southeast Asian Nations) countries with the highest competitiveness indexes and the best business environment. Businesses expect that Vietnam will reach that target in 2021.

The National Assembly passed a resolution in November 2020 on the socioeconomic development plan for next year, with the majority of the delegates agreeing with the economic proposals and the goal of achieving GDP growth of about six percent in 2021.

To implement the plan, the National Assembly suggested that the government continue to effectively prevent and reduce damage from the Covid-19 pandemic and other diseases as well as raising awareness of pandemic prevention and control.

The government and concerned agencies will accelerate research and international cooperation in vaccine production and provide access to Covid-19 vaccines as soon as possible.

The National Assembly suggested that the government consistently and efficiently implement measures to promote export and strongly develop the domestic market to stimulate consumer demand, developing the domestic distribution system and trade promotion, and proactively exploiting opportunities offered by free trade agreements.

The government will concentrate resources to accelerate the formulation of national, regional and provincial plans for the 2021-2030 period and submit to authorities for approval according to the Planning Law, ensuring timely response to investment and development requirements.

The National Assembly adopted Resolution 124/2020/QH14 on socioeconomic development in 2021, setting out a number of key targets, including a per capita GDP of about US$3,700 per year, an average consumer price index (CPI) growth of about four percent, a proportion of total factor productivity (TFP) to growth of 45-47 percent, and a 4.8 percent growth of social labor productivity.

Nguyen Hanh

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Culture makes creativity: expert

March 3, 2021 by hanoitimes.vn

The Hanoitimes – Vietnam currently pursues building a startup nation based on innovation, but there are remaining many difficulties challenging the country. Assoc.Prof.Dr. Bui Hoai Son talks with Hanoitimes about this issue.

In your opinion, why do cities want to participate in the world’s Creative Cities Network?

The new trend of the world today is to tap into creativity as the most important resource for development, because creative resources are unlimited, compared to natural ones. So that people should exploit resources to enrich themselves and the society.

Doan Mon Gate – Thang Long Imperial Citadel. Photo: Pham Hung

Countries that make good use of the creativity potential of human have a better advantage than others. It is evident that many countries with limited natural resources are among the most developed ones, such as Israel, Singapore, Japan, South Korea.

Moreover, innovative products play a more important role in life and economic development, especially when the creativity industry does not make air pollution, which is linked with many of the United Nations sustainable development goals.

The 4th Industrial Revolution also supports the development of the creativity industry.

Vietnam currently pursues building a startup nation based on innovation. What do you think about the role of the creative culture in a startup country?

Dragon Dance at Hoan Kiem Lake. Photo: Duy Khanh.

In addition to the common trend of the world, Vietnam has paid attention to the culture and creativity industry since 2005 when the Convention on Protection and Promotion of Diversity of Cultural Expressions was issued by the United Nations.

The Convention emphasizes the preservation of national cultural identity, the role of cultural products and services associated with customs and traditions as well as the supply and demand of the market in the cultural development.

The investment in culture is still below expectation. How should we measure the value of culture?

Cultural development also requires paying attention to the economic aspect. But it is not only about the revenue of cultural products. Their messages to people are more important. Furthermore, culture and arts improve the spiritual life, making a place becomes a worth-living one. Therefore, towards sustainable development, we must focus on cultural and creative industries.

Co Loa Temple Festival. Photo: Pham Hung.

What should Vietnam do to promote creativity?

In the cultural industry, creativity centers must be set up. For example, the US has Hollywood as a gathering place for creative people with the same vocation such as cinema, art, fashion, among others. These centers help spread creativity to the community and other places. In Vietnam, creative hubs should be Hanoi, Ho Chi Minh City, and Danang.

Hanoi is the first city in Vietnam to participate in the world’s Creative Cities Network. As a participant in the preparation and submission of documents to UNESCO, in your opinion, what are the strengths for Hanoi to be selected as a Creative City?

Hanoi was selected as the first city of Vietnam to join the world’s Creative City Network. It can be said that this is a relatively risky choice because Hanoi is not an ideal place for new “experimentation”. Hanoians are usually cautious with changes.

However, it must be Hanoi because it has a huge cultural resource with over a-thousand-year history that not all capital cities in the world have. Hanoi is the land that gathers the most talented people of the country for centuries.

Co Loa Festival. Photo: Pham Hung.

It is also home to plenty of craft villages, valuable tangible and intangible heritages and a rich world of cuisine. If Hanoi promotes creativity based on the potential of craft products and cuisine, many new interesting products and events will be created to attract the public as well as the investment in conservation projects.

Moreover, most important central state organizations are located in Hanoi so that it is easy to promote the national and international brand for cultural events taking place here.

Besides, Hanoians have recently changed with a more open mind that accepts and adapts to innovation and adjustment to create breakthroughs.

After more than one year becoming a creative city, has Hanoi made significant changes, in your opinion?

Hanoi has not achieved the goals that we expected, even though we devised a lot of ambitious plans such as organizing contests, setting up design centers, training about creativity and public art development, among others.

Hanoi has recently organized two seminars, showing the concern of city leaders on the role of creativity to the city’s development. However, Hanoi needs to take more action to achieve its goals on creativity.

Thank you for your time!

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