For the first time, Techfest was held in an open space around Hoan Kiem Lake.

The National Creative Startup Festival - Techfest Vietnam 2025, organized by the Ministry of Science and Technology in coordination with the Hanoi People's Committee, will take place at Hoan Kiem Lake Walking Street (Hanoi) from December 12 to December 14, 2025.

With the theme "Creative entrepreneurship for all - New growth driver," Techfest Vietnam 2025 will be implemented in an open space model, creating conditions for people to directly access and experience new technology products and modern business models. Thereby strongly spreading the spirit of creative entrepreneurship, contributing to promoting the process of building Vietnam into a creative startup nation.

At a press conference held by the Ministry of Science and Technology on the afternoon of December 3, Mr. Tran Anh Tuan - Director of the Hanoi Department of Science and Technology, said that Techfest 2025 has many innovations. For the first time, the technology forum was brought to an open cultural space, integrated into public life and closer to the people in the city. This is an important difference.

Mr. Tran Anh Tuan - Director of Hanoi Department of Science and Technology said that Techfest 2025 will have many innovations. (Photo: Minh Son/Vietnam+)

According to Mr. Tuan, organizing in a space familiar to the people helps to better reach the community, bringing modern and latest technology closer to the public.

"This is also an experience learned from Singapore, starting from the economic problems of the people, from which they develop into large enterprises, even unicorns. The leaders of the Ministry and Hanoi choose this approach to facilitate people's access to technology."

This year's event has about 700 booths around the meeting area, creating opportunities for people to experience and for businesses and creative groups, especially in the digital and new technology fields, to demonstrate and introduce products.

Regarding the content of Techfest 2025, Mr. Tuan said that the areas are divided into topics, creating a specialized space for viewers to choose, investors to research, access the ecosystem and seek opportunities for cooperation, technology transfer, buying and selling research results or investing in shares. The ultimate goal is to help research products and small startups develop into commercial enterprises, even unicorns.

According to Mr. Tuan, Techfest is a peak event, but networking activities take place throughout the year. The Ministry and the Department of Science and Technology will play a supporting role, helping to maintain contacts and business deals after the event.

Also at the Press Conference, Deputy Minister of Science and Technology Hoang Minh said that start-up opportunities are open to all classes. People can form many new business models based on technology, from manufacturing, services to content creation.

Deputy Minister of Science and Technology Hoang Minh. (Photo: Minh Son/Vietnam+)

According to Deputy Minister Hoang Minh, when digital technology is widely popularized, people can access online public services, do business through digital platforms, livestream sales or exploit open data warehouses to develop new products.

Therefore, innovative startups are not only limited to startups, but spread to all people, all industries and regions. The core of the ecosystem is still organizations and individuals building products based on technology, but the biggest effect lies in the ability to popularize to the community. Techfest 2025 is therefore organized in an open space, instead of the indoor model like previous years.

A new feature of Techfest 2025 is the introduction of the "one-person business" model. According to Deputy Minister Minh, current technology and digital platforms allow an individual to register a business, self-manage expenses, pay taxes and operate a business through applications. The Ministry of Science and Technology aims to form about 7 million one-person businesses in the near future, creating a new, more transparent and flexible business model than the previous household business.

In addition to the seminars at the official headquarters, Hanoi coordinates to organize many discussions at cafes, restaurants and public spaces, helping the startup community exchange ideas more easily. This is the first time this organization has been applied.

According to the Deputy Minister, Techfest 2025 focuses on building a startup culture, the most important of which is the spirit of "tolerance for failure." He emphasized that startups, especially in the technology field, always have potential risks, so society needs to create space for those who fail to have the opportunity to start again.

This year’s event was attended by a diverse group of students, universities, startups, domestic and foreign investment funds, technology companies, etc., reflecting the entire Vietnamese startup ecosystem. Above all, the role of the State in creating and the creative spirit of the Vietnamese people.

The image of Saint Giong was chosen as the symbol for Techfest 2025.

The image of Saint Giong was chosen as the logo for Techfest 2025, symbolizing the strength of solidarity, community cooperation and the strong aspiration to rise up. "Vietnam's start-up scene may still be young, but if the whole population joins forces, we will have 'new Saint Giongs' of the digital age," said Deputy Minister Hoang Minh./.

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