The Vietnamese Ministry of Planning and Investment, the National Innovation Centre (NIC) and Meta Group recently announced the 12 best innovation solutions that geared toward enhancing the capabilities of small- and medium-sized enterprises (SMEs).

The four most outstanding solutions are honoured. Photo courtesy of NIC

This event is a part of the Viet Nam Innovation Challenge (VIC), a programme aligned with the Viet Nam Innovation Initiative (InnovateVN), under the Ministry of Planning and Investment's guidance, and in partnership with the National Innovation Centre (NIC) and Meta Corporation. VIC aims to source innovative solutions globally, addressing critical national challenges for a prosperous and sustainable Viet Nam.

The inaugural year of VIC, themed ‘Innovation with Businesses in Digital Transformation for Joining the Global Value Chain’ in 2023, placed a focus on digital transformation solutions and products geared toward enhancing the capabilities of SMEs. This initiative was aimed at attracting sustainable investment into Viet Nam in tandem with fostering favourable conditions for domestic businesses to engage in the global value chain.

This year’s programme attracted 758 technology solutions from many countries all over the world. A total 12 solutions catered to three key target groups, namely large corporations, innovative SMEs and startups, demonstrating a sustainable and problem-solving approach.

Particularly, the four best solutions include MISA AMIS, unified corporate governance platform developed by a namesake company; digital transformation platform - oneSME of Viet Nam Posts and Telecommunications Group (VNPT); automate processes with virtual robot assistant (RPA) - FPT akaBot by the FPT Information System Company Limited; Energy saving solutions - BenKon developed by a namesake company.

These solutions will be honoured at the inauguration ceremony of the NIC's operating facility at the Hoa Lac Hi-Tech Park and the Viet Nam International Innovation Exhibition in October 2023.

It is known that the best solutions will have the opportunity to receive a total prize worth up to US$ 300,000, along with comprehensive support packages for capacity building, product research and development, workspace, and promotion solutions and market expansion.

In particular, the winning solutions will receive comprehensive support packages and partake in a series of activities, piloting solutions across different cities and provinces in Viet Nam.

The Viet Nam Innovation Challenge 2024 programme, themed 'Innovation with Businesses to Promote the Semiconductor Industry and Smart Manufacturing to Go Global', has officially been launched.

The programme aims to encourage joint efforts and fresh ideas, leveraging the semiconductor industry and smart manufacturing's potential for outstanding success, contributing to the country's sustainable development.

Reporting by VAN HOANG - Translating by A.THU