The first prize of the competition (Photo: thoidai.com.vn)

According to the jury, the first prize was presented to Nanoneem team with the project of Bio-pesticide using nanotechnology and natural mechanisms against pests extracted from Neem tree and other herbal plants.

The second prize belonged to the CRE Vietnam team with the project of CRE biological discs for rapid and early screening to reduce the transmission of carbapenem antibiotic resistance mutations (CRE) in hospitals.

Third prize was awarded to Sobanhang - Jamalex Finan JSC team with the project of a mobile application helping small and micro retailers increase revenue through local e-commerce activation, selling more by credit and getting larger cash flow.

The Top 3 will receive cash prizes of 10,000USD, 7,000USD and 5,000USD respectively; the opportunity to receive investment up to 5 million USD and other valuable rewards from sponsors.

Hack4Growth unlimited 2021 is a global innovation competition organized by the Association of Vietnamese Scientists and Experts (AVSE Global) under the auspices of the State Commission for Overseas Vietnamese, Ministry of Foreign Affairs, with the goal of promoting the creative innovation culture through creating a playground for innovators, connecting them with investors and businesses, as well as those looking for innovative solutions.

The competition has the mission of directing society to join hands to find solutions, calling for Vietnamese compatriots and expatriates around the world to work together to find answers to local problems on a global scale, thereby contributing to enhancing Vietnam's position and power in the context of the "new normal" situation. Therefore, the 2nd Hack4Growth was launched in five regions, including Vietnam, Europe, North America, Japan and Australia.

The 2nd competition received the enthusiastic response and participation of Vietnamese citizens from 12 countries; companionship from 112 advisors, as well as support from 53 partners and investors./.

BTA