Seminar discusses Vietnam-UK startup cooperation held in Cambridge

Friday, 08/04/2022 16:27
A Vietnam-UK startup cooperation seminar was organized at the AstraZeneca global research and development center in Cambridge on April 5.

HCM city: Over 25 billion VND invested in 40 startup projects

At the seminar (Photo: VNA)

The seminar, the last event of the Vietnam Days in the UK 2022 held by the Vietnamese Embassy in the UK, discussed development potential of, opportunities, and challenges facing Vietnamese startups, particularly in technology, as well as cooperation prospects for Vietnam and UK in this regard.

Speaking at the event, Vietnamese Ambassador to the UK Nguyen Hoang Long stressed the potential of developing Vietnamese technology startups based on digital technology development advantages in the market.

According to the Ambassador, Vietnam’s ICT industry has increased by 17 percent per year, reaching a value of 125 billion USD in 2021.

He emphasized that there are tremendous room for the cooperation of the two nations in technology startup development, adding that Cambridge University is the best partner for Vietnam in financial technology and expressed his desire to promote the two sides’ cooperation in the near future.

Assoc. Prof. Dr. Nguyen Dang Bang, Director of the Cambridge Judge Business School’s MPhil in Finance Program, said Vietnamese startups lack experience, which Cambridge University can support.

He hoped that agencies and organisations in the UK and Vietnam, such as the Vietnamese Embassy in the UK and AstraZeneca, will be bridges to help young Vietnamese businesses access the Cambridge startup ecosystem.

Nitin Kapoor, President for Asia Area Frontier Markets at AstraZeneca and Chairman and General Director of AstraZeneca Vietnam, said that through cooperation on vaccine, AstraZeneca is also looking for opportunities to develop a partnership with the Vietnamese government in developing a health care ecology.

He affirmed that the cooperation potential in this field is great, especially in the context that the strategic partnership between Vietnam and the UK is developing aggressively./.

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