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Sat, 29/03/2025
(QNO) - Quang Nam is among the provinces actively engaged in the global start-up ecosystem.
Open innovation
Joining and becoming an active member of the global start-up ecosystem helps each country and locality establish its unique value while fostering dynamic and sustainable entrepreneurial collaboration.
The Global Entrepreneurship Monitor (GEM) started in 1999 with ten developed nations and now spans over 100 countries. In 2023, Singapore ranked among the top 10 global start-up ecosystems.
Yayren Teo, CEO of Singapore’s Global Entrepreneurship Network, highlighted Singapore’s success in supporting students in entrepreneurship.
By 2016, this initiative became international, attracting global innovators. He emphasized the need for start-ups to master human resource management and flexible business strategies for long-term success.
In 2024, Vietnam’s start-up ecosystem ranked 56th in the Global Start-up Ecosystem Index. Since TechFest Vietnam 2022, the nation has adopted an open innovation mindset. In early 2025, Deputy Minister Hoang Minh led national workshops to develop a government decree on start-up innovation.
Quang Nam’s Commitment to GEM
Since 2018, Quang Nam has positioned itself as an open hub for start-up innovation. In 2021, the Ministry of Science and Technology entrusted the province to lead the Central and Central Highlands Start-up Network. TechFest Quang Nam annually attracts over 20 provinces and international participants.
Local start-ups like GreenTech Vietnam, Kolavina Saponin, and Ba Ba Hoi have entered global competitions and markets. Quang Nam aims to integrate into GEM by expanding its advisory board, collaborating with top start-up ecosystems, elevating TechFest, and enhancing innovation indices.
From a tradition of renewal to an open start-up hub, Quang Nam is shaping a dynamic and sustainable entrepreneurial ecosystem.