'Activating' the open innovation launchpad for businesses and startups

The forum with the theme “Corporations and Enterprises Leading Open Innovation” is chaired by the Ministry of Planning and Investment, co-organized by NIC, BambuUP and Global PR Hub.

Overview of the 2023 Innovation Leadership Forum.

In the discussion section “Innovation picture and trends in enterprises”, Ms. Do Ha, Deputy General Director, Head of Infrastructure, Government and Healthcare, Head of ESG Solution Consulting at KPMG Vietnam and Cambodia, said that the current innovation situation of Vietnamese enterprises revolves around the issue of resources and expectations.

Vietnamese businesses can also refer to current innovation management trends in the world such as focusing more on digital transformation, user-centricity, decentralized innovation models and open innovation.

Experts from prominent corporations and businesses in Vietnam such as Visa, Vietnam National Petroleum Group (Petrolimex), Phuc Sinh Group... shared their success stories, as well as the difficulties and challenges encountered in the innovation process.

According to Mr. Dao Nam Hai - General Director of Petrolimex, technological innovation has contributed to improving the efficiency of the group's business operations. At the same time, he shared 8 main orientations for digital transformation, green transformation, and strong application of technology in the coming time.

The discussion session “Open Innovation - Untold Stories” continued to delve into the process of applying and collaborating on open innovation in corporations and enterprises with typical representatives such as Rang Dong, FPT Smart Cloud, Advantech Vietnam, VinCSS, ADT Global Vietnam.

Experts also encourage corporations and startups to collaborate with each other and choose the most suitable innovation solutions for their businesses. The basic elements for implementing open innovation include: Vision and strategy, Knowledge and skills, Idea collection mechanism, Nurturing innovative thinking and culture in businesses and most importantly, the perseverance and determination of business leaders to innovate.

Discussion session “Open Innovation - The Untold Story”.

Within the framework of the forum, innovative topics from businesses and corporations were presented, requiring startups to solve the questions with new and creative approaches. Heineken Vietnam, Viettel Group, Qualcomm, Nagakawa Group, Smollan Vietnam, Kowil Vietnam, CMC Corporation... are the pioneers in announcing the topics on this occasion.

In addition, with the goal of realizing breakthrough ideas in innovation, memorandums of understanding were signed between the following units: NIC and Vietnam National Petroleum Group (Petrolimex), NIC, N&G Group Joint Stock Company and Hanoi Association of Supporting Industry Enterprises (Hanssiba), Palexy Company Limited and Ho Chi Minh City Book Distribution Joint Stock Company (FAHASA), Saigon - Hanoi Commercial Joint Stock Bank (SHB) and Smart Loyalty Technology Investment and Development Joint Stock Company, FPT Telecom Joint Stock Company and Rogo Solutions Joint Stock Company.

This is an official "handshake" between state agencies and enterprises and corporations to create a breakthrough, marking a model of innovative cooperation in Vietnam.

NIC and Petrolimex signed a cooperation agreement.

At the same time, the Forum introduced the publication of the Innovation Handbook for Enterprises jointly produced by NIC and BambuUP, providing strategic directions and useful advice for enterprises, corporations, and startups to innovate effectively, optimally exploit resources, and actively cooperate.

Ms. Nguyen Huong Quynh, CEO of BambuUP said: “ The success of the Innovation Leadership Forum is a testament to the power of Open Innovation. By connecting corporations and startups, we can create a launching pad for breakthrough solutions in the future. At the same time, when the subjects in the innovation ecosystem are willing to share resources to move forward together, there will be more spectacular changes in many industries, professions and the socio-economic development of Vietnam ”.

The Innovation Leadership Forum is part of the Vietnam International Innovation Exhibition 2023 (VIIE 2023) taking place at NIC Hoa Lac Campus from October 28 to November 1, hosted by the Ministry of Planning and Investment, and organized by NIC in coordination with prestigious partners. VIIE 2023 brings extremely interesting experiences through exhibitions, technology experiences, music festivals, specialized seminars, and opportunities for exchange and connection.

Bao Anh

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