HOME

VIETNAMESE

IN THE FRAME WORK OF

STEERING ORGANIZATION

ORGANIZER

IMPLEMENTED BY

Subscribe NOW

VIETNAM INNOVATION CHALLENGE 2024

Press conference announcing vietnam innovation challenge 2024

TELEVISION & PRESS DISSEMINATE NEWS ABOUT THE PRESS CONFERENCE

Vietnam Innovation Challenge 2024 launched with focus on semiconductor and AI

HÀ NỘI — The Ministry of Planning and Investment on Monday announced the launch of the Vietnam Innovation Challenge...

SEE MORE

Vietnam Innovation Challenge 2024: Sparking innovation for semiconductor and AI industries

The Vietnam Innovation Challenge 2024 was kicked off today [March 18] with the theme "Innovation to accelerate the...

SEE MORE

Vietnam Innovation Challenge 2024 seeking breakthrough ideas for semiconductor, AI

The annual program called Vietnam Innovation Challenge (VIC) 2024 was launched in Hanoi on Monday, seeking to honor...

SEE MORE

Vietnam Innovation Challenge 2024 launched with focus on semiconductor and AI

HÀ NỘI — The Ministry of Planning and Investment on Monday announced the launch of the Vietnam Innovation...

SEE MORE

Vietnam Innovation Challenge 2024: Sparking innovation for semiconductor and AI industries

The Vietnam Innovation Challenge 2024 was kicked off today [March 18] with the theme "Innovation to accelerate the semiconductor industry and artificial...

SEE MORE

Vietnam Innovation Challenge 2024 seeking breakthrough ideas for semiconductor, AI

The annual program called Vietnam Innovation Challenge (VIC) 2024 was launched in Hanoi on Monday, ...

SEE MORE

ABOUT INNOVATEVN

InnovateVN was initiated by the Ministry of Planning and Investment, organized by the National Innovation Center (NIC) with the coordination of public corporations, technology, and domestic and international partners with the following goals.

2. Support and develop 500 pioneering and innovative enterprises to lead the economy by 2030.

4. Develop a comprehensive innovation ecosystem in
Vietnam, an attractive destination for technology and
innovation investors with the presence and operation of the world's 500 largest corporations.

3. Enhance innovation capacity in the public sector at central and local agencies.

1. By 2030, Innovation contributes 40% to Vietnam's economic growth.

ABOUT VIETNAM INNOVATION CHALLENGE 2024

Being the first program to realize InnovateVN's vision, the Vietnam Innovation Challenge is a program steered by the Ministry of Planning and Investment and organized by the National Innovation Center (NIC) and Meta Corporation. The program seeks innovative solutions from domestic and international organizations and individuals to tackle key national challenges, working towards prosperous and sustainable development for Vietnam. Vietnam Innovation Challenge 2024 program has been officially launched under the theme "Innovation to accelerate the Semiconductor industry and Artificial intelligence to go global".

TOPIC 2024

Innovation to accelerate the Semiconductor industry and Artificial intelligence to go global

Innovation to accelerate
the Semiconductor industry and Artificial intelligence to go global

Vietnam Innovation Challenge 2024
aims and honors:

Solutions that improve the quality of the semiconductor value chain's design, packaging, and testing phases, prioritizing applications serving the field of artificial intelligence.
Solutions applying artificial intelligence technology to support business construction, development, and increased work productivity

OBJECTIVE

Promote the development of Vietnam's semiconductor innovation ecosystem, enhance the capacity and positioning of Vietnamese enterprises in the global value chain.
Seek and honor solutions applying artificial intelligence to enhance competitiveness for Vietnamese enterprises.
Leverage prominent elements in the private sector to attract investment resources, stimulate development in key areas within Vietnam's semiconductor ecosystem and artificial intelligence industry.

Criteria for evaluation and selection

EVALUATION CRITERIAS

Vietnam Innovation Challenge 2024 aims to promote collaborative thinking, attract resources, and establish a multilateral cooperation platform to create a launching pad for Vietnamese businesses to enhance value and elevate their position within the global value chain. By seeking out and honoring solutions, the program will contribute to the overarching goal of raising awareness about the importance and value of the semiconductor and artificial intelligence industries; recommending and connecting Vietnamese enterprises with solutions that upgrade and improve business operations; enhancing efficiency, developing new products and services to increase the competitive advantage of Vietnamese businesses in the global market.
Uniqueness of the solution and approach

Sustainability of the solution’s social impact

Effectiveness in tackling issues

Readiness for the Vietnam market

Competence profile of the business

Scalability

ASSESSMENT TRACKS

PROJECT/EDUCATIONAL INSTITUTION, RESEARCH INSTITUTE
Innovative projects and startups present ideas, proposals, and new approach models to support small and medium enterprises participating in the semiconductor and artificial intelligence value chain.
Research and educational institutions are actively engaged in semiconductor and artificial intelligence research and training.
SMEs INNOVATION
Small and medium enterprises innovate with practical products and services in semiconductor technology and artificial intelligence, already implemented in the market and generating revenue.
LARGE ENTERPRISE INNOVATION
Large enterprises innovate with integrated solutions, which have been market-proven and are ready for large-scale deployment.

TOTAL PRIZES

SPECIAL PRIZES UP TO

WITH PRIVILEGE SUPPORT PACKAGE

50.000 USD

300.000 USD

Technical support to survey foreign markets from international development organizations, multinational technology corporations

Co-working space and laboratories from NIC, UP co-working space, Sunwah Innovation, etc.

Opportunities to expand markets and pilot solutions from major provinces and cities in Vietnam

Promote images and brands on different advertising platforms from Meta, etc.

Subscribe Now

TIMELINE

March 18, 2024

August 15, 2024

Deadline for submission of applications

September to October 2024

Initial screening and review of applications

August 2024

Evaluation rounds and direct interviews
Press conference announcing vietnam innovation challenge 2024

October, 2024

Award ceremony for the Innovative Solutions 2024

ABOUT VIETNAM INNOVATION CHALLENGE 2023

Journey of VIC 2023

I believe that this is a promising step to connect the public sector, private sector, and other socio-economic components to create, test, and implement innovative initiatives, contributing to increased productivity for businesses and promoting sustainable economic development in Vietnam.

"

"

-Nguyen Chi Dzung, Minister of the Ministry of Planning and Investment

4.500.000+

Multi-platform views
and engagement

50+

Experts

40+

Partners

758+

Solutions

ABOUT NIC

The National Innovation Center (NIC) is an agency under the Ministry of
Planning and Investment with the function of developing innovation and startup ecosystems, contributing to model innovation and growth based on innovation, science and technology, and new business models. It supports the improvement of the innovation and digital transformation capacity of enterprises to increase labor productivity and the competitiveness of the economy. NIC acts as a leading innovation hub under four main pillars:

Creating an attractive business environment, and a professional workspace to attract leading domestic and international innovative enterprises economically.

Creating, connecting, and building an open innovation ecosystem with a focus on innovative businesses and start-ups.

Research and propose outstanding mechanisms and policies, and experimental legal frameworks (sandbox) to encourage innovation activities nationwide, ensuring competitiveness in the region and internationally.

Attracting resources, investment funds, and talented human resources to support innovative businesses and start-ups in attracting investment, transferring technology, and commercializing products.

ABOUT META

Meta builds technologies that help people connect, find communities, and grow businesses.

When Facebook launched in 2004, the way people connect was changed. Apps like Messenger, Instagram, and WhatsApp have empowered billions of people around the world. Now, Meta is moving beyond 2D screens towards immersive experiences like virtual and augmented reality to build next-generation social technology.

6B Hoang Dieu, Ba Dinh, Ha Noi
The National Innovation Center, Ministry of Planning and Investment

Contact:
vic@nic.gov.vn
Mr. The Hung
(+84) 886-460-560