As part of the ongoing Da Nang Startup and Innovation Festival (SURF) 2023, the awards ceremony for the SURF Innovation Startup Competition was held on Friday morning.

Da Nang People's Committee Vice Chairman Tran Chi Cuong (left), and Director of the Department of Market Development and Science and Technology Enterprises under Ministry of Science and Technology Pham Hong Quat (right), award the first prize to representatives of the Wetex project.

After the selection process, top 10 most outstanding startup projects were selected for the final round of the competition.

As a result, the first prize, worth VND50 million, went to Wetex, a global fashion supply chain management platform, developed by the Tex Technology JSC.

Wetex has successfully attracted 25 international brands with a total of 50 orders and more than 100 factories in Viet Nam.

By improving production processes and reducing time and costs, Wetex has created a sustainable fashion supply chain, enhancing the value of manufacturing in Viet Nam and ensuring stable income for workers, especially female ones.

The platform not only helps factories get more orders but also builds a reliable production network. Wetex has set up Environment, Social and Governance (ESG) standards for factories in its network, thereby contributing to the fashion industry's sustainability goals.

Top 10 most outstanding startup projects are selected for the final round of the SURF Innovation Startup Competition 2023

Meanwhile, the ‘Firewall-V Pro device’ project, developed by the Acronics Solutions Company Limited, took the second prize of VND30 million in cash.

The project integrates both Routing and NAT (Network Address Translation) network functions, helping to improve network connection stability and optimise network infrastructure management for businesses.

In particular, this device not only meets network security standards but is also flexible in updating and upgrading the "firewall", helping to effectively deal with new network threats.

Besides, ‘Beekids’, a technology solution that helps preschools manage and teach children in the classroom through an intuitive interaction; ‘FiveSS’, an e-commerce platform specialising in the field of construction and home care services, saving time and costs; and ‘Forest Foods’ - Organic Natural Sugar - shared the third prizes, worth VND20 million each.

The VND10 million consolation prize belonged to the Duy Tan University-developed project "Production of 3D printing plastic filaments from used plastic bottles (GreenPrin 3D)".

Reporting by M.QUE, V.HOANG - Translating by M.DUNG