An international workshop recently took place in Da Nang entitled ‘Incubation and Technology Commercialisation for the Innovation Startup Ecosystem’.

The workshop was co-organised by the municipal Department of Science and Technology and the Science and Technology Enterprises and Market Development Department of the Vietnamese Ministry of Science and Technology.

Participants at the event (Photo: baochinhphu.vn)

According to participating experts, Vietnamese businesses are facing many challenges in promoting the development of startup activities.  Amongst them is a lack of suitable business plans, knowledge about economy and markets, and practical experience in managing venture investment.

Also at the event, some foreign experts from Taiwan and South Korea shared their valuable experiences in building venture investment policies for startup activities combined with incubation and technology commercialisation activities.