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$14 million invested in start-ups at Techfest

HA NOI,
VIETNAM -�Media OutReach�-�9 December 2019�-�Around US$14 million in investment
was�pledged during the national innovative start-up day, Techfest 2019, in
H? Long City, Qu?ng Ninh Province.

A series of seminars were organised by 12 technology villages during the
three-day event.

The event attracted 250 foreign investors and�experts, and nearly 300
start-ups, with the support of�VinTech City, Vietcombank and several other
donors.

The first prize in�the National Innovation Talent Contest for
Start-ups was awarded to MultiGlass, a start-up providing smart technology to
help people with disabilities�use computers.

The smart communication device combines iris recognition
technology�and Artificial Intelligence.

MultiGlass will represent Vi?t Nam at the Start-up World Cup 2020 in San
Francisco, US.

At the Techfest closing ceremony on Friday, Deputy Minister of Science and
Technology Tr?n V?n T�ng said the ministry would�continue to
assist�the innovative start-up eco-system and support local eco-systems.

He highlighted the determination of ministries and sectors to create
favourable conditions through a legal framework for start-ups, incubators and
foreigners seeking investment opportunities in Vi?t Nam.

The opinions given by�domestic and foreign investors and experts at
Techfest�would�be studied to improve the start-up environment, he
said.

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