12/09/2018 09:31 GMT+7 Email Print Like 0

WEF Chairman hails Vietnam for facilitating start-ups

Executive Chairman of the World Economic Forum (WEF) Prof. Klaus Schwab has hailed the role of the Vietnamese government, including the Ministry of Science and Technology (MoST), in improving business climate and encouraging start-ups and innovations.

During a meeting with Minister of Science and Technology Chu Ngoc Anh in Hanoi on September 11, Schwab lauded Vietnam for creating an environment that facilitates the mastery of new technologies involving artificial intelligence and robotics.

According to him, the WEF has opened centres on industrial revolution 4.0 in Beijing and Singapore, and will focus on building a similar facility in Vietnam in the next 12 months.

Minister Anh, for his part, appreciated the initiative by the WEF and the WEF Chairman himself on holding an open forum on start-ups and innovation within the WEF ASEAN 2018 framework. He said the forum gave Vietnam a chance to acquire valuable information from domestic and foreign communities as well as from WEF experts to develop a start-up ecological system in the country.

The MoST is working closely with other ministries and agencies to build a science-technology and innovation strategy with vision to 2035 and a scenario for the fourth industrial revolution in Vietnam.

Both sides expressed their delight at the development of ties between the WEF and Vietnamese government, including growing ties between the WEF and MoST.