Vietnamese Deputy Minister of Science and Technology Tran Van Tung, and Minister Counselor and Deputy Head of Vietnam Representative Office in the RoK Nguyen Viet Anh attended the event, which marks the resumption of international connection activities for Vietnam's innovative start-up ecosystem, contributing to bringing more Vietnamese start-ups to the global playing field.

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Vietnamese Deputy Minister of Science and Technology Tran Van Tung speaks at the event.

The event offered a good chance for innovative start-ups that have won prizes at a contest looking for start-up talents in the framework of TECHFEST Vietnam to present their projects to more than 30 Korean venture capital funds, including Gostream, FINA and Sobanhang.

According to Deputy Minister Tran Van Tung, there is great potential for Vietnam and the RoK to expand cooperation in the field of start-ups and innovation.

Vietnam can learn from the RoK’s experience in developing a start-up ecosystem, support policies from the government, he said, adding that the Korean side said it is willing to share and cooperate with Vietnam.

Addressing the event, Kim Seon-il from the RoK Ministry of Science and Technology said Vietnam's start-up sector has developed quite rapidly, attracting increasing investment.

The National Agency for Technology Entrepreneurship and Commercialization Development (NATEC) and the National Start-up Support Center (NSCC) of Vietnam has signed cooperation programs with RoK partners and set up a representative office at Seoul Start-up Hub of the RoK.

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Delegates of the two sides pose for a joint photo at the event.

On this occasion, NSSC will also sign cooperation agreements with Korean investment funds and start-up support organizations to improve the technology and market development ability for Vietnamese innovative start-ups operating in the RoK.

Deputy Minister Tung is leading a delegation of the Vietnamese Ministry of Science and Technology on a working visit to the RoK in the framework of the Knowledge Sharing Program (KSP) on developing innovative start-up ecosystem, funded by non-refundable aid of the RoK government.

Source: VNA