The People’s Committee of northern Quang Ninh province inaugurated a Centre for Innovation Startup and Digital Transformation Support on May 30. The centre will provide a space, tools and means to nurture a dynamic startup ecosystem. Its activities will include receiving and developing innovative business ideas and practical experiments, organising competitions to collect ideas that benefit the community, enhancing the sci-tech capabilities of small and medium-sized enterprises (SMEs), and collaborating with incubators, both within and outside the province, to support promising startup ventures. The province aims to establish roughly 2,000 new enterprises annually from now to 2030. Additionally, it aims for the business sector to contribute some 70% of the province’s gross regional development product (GRDP) and hopes to see at least 10 local enterprises among the top 500 in Vietnam by that same year.
Source: Vietnam News Agency