"Startups are having big opportunities while facing the Fourth Industrial Revolution," stated by Mr. Nguyen Huu Thai Hoa - Vice Chairman of the Group Strategic Advisory Council of VNPT in the Workshop "The Fourth Industrial Revolution - Opportunities for Startups?" held on August 5th.

The workshop was attended by Mr. Nguyen Van Tan - Deputy General Director of VNPT-Media, Deputy Head of Organizing Department of the Vietnam Talent Awards 2017; Associate Professor Huynh Quyet Thang - Vice Rector of Hanoi University of Science & Technology - Member of the board of judges of the Vietnam Talent Awards in IT and the main speakers: Mr.Nguyen Huu Thai Hoa - Vice Chairman of the Group Strategic Advisory Council of VNPT; and the direction of Mr. Le Cong Thanh - Leader of the Vietnam Talent Awards 2016. In more than three hours, the delegates shared their views on how to succeed in starting a business, especially in the wide spreading, heavily influenced trend of the Fourth Industrial Revolution.

 

 

Vietnam Talent Awards: Big opportunities for students!

In workshop, many open questions had been given to the guests. Assoc. prof Huynh Quyet Thang - Member of the board of judges of the Vietnam Talent Awards in IT replied to the question: "Are there general characteristics for products that won the Awards?"   

“The Vietnam Talent Awards has been held for 13 years.  I think there are three factors that make a good product: Firstly, big idea - which decides whether the product can have a good position in the market or not. Therefore, the idea must be unique and offers unique benefit that other similar ideas do not have. Secondly, it is the passion and the desire to bring that idea into reality that matters. Thirdly, it’s the careful preparation in the process of product production and development, application form submission, and product presentation in front of the Board of Judges. " Assoc. prof Huynh Quyet Thang shared.

Besides, Associate Professor Huynh Quyet Thang also believed that, the Vietnam Talent Awards not only is a success launcher for startups but also opens up many great opportunities for the students who took part in the competition

"When we create a product, we go through the whole process from conception to product creation and presentation. The process will equip students with teamworking and presenting skills. Being enthusiastic about an idea to participate in the Awards means better convergence of skills, so that they can later work for companies. I firmly believe that when we have a product presented to a large corporation like VNPT, common questions ask where they got the idea from and how they developed it will be raised. After the product development process, they will be equipped with necessary skills to develop their career. They will be confident enough to apply for jobs and they will be offered better position in big corporations, "said Associate Professor Huynh Quyet Thang.

Expecting the talents of Vietnam

Mr. Nguyen Van Tan - Deputy General Director of VNPT-Media, Deputy Head of the Organization of the Vietnam Talent Awards 2017, also shared that VNPT, along being a sponsor and a co-organizer of the Awards, is a business. Therefore, VNPT is very welcome and is expecting potential projects which are suitable with their field for joint research and development.

 

 

VNPT Group has seek for cooperation with universities across the country to bring the experimenting products, ideas of students and professors to VNPT system.

Beside Hanoi University of Science and Technology, VNPT is cooperating and investing in R & D centers of other universities such as Da Lat University for research on intelligent agriculture; Ho Chi Minh National University for data analysis...

On being asked about how VNPT plans to support the young startups community, and if they join with VNPT, what field can they participate in, Mr Tan said: Firstly, VNPT is the sponsor and the co-organizer of the Awards hoping to creates an intellectual and creative playground for the community, wishing to bring innovative products and services to test then serve the country's socio-economic development. 

"We are also a telecom corporation with products and services providing to the customers." Currently, VNPT is serving 5.5 million fixed broadband subscribers and nearly 30 million mobile broadband subscribers. We also want to cooperate with those who own the products, services to create more enrichment for our customers, "- shared Mr.Tan

"In addition, VNPT has strategic partnerships with a lot of agencies and organizations in other localities and business community." In cooperation with VNPT, besides opportunities to improve and develop, startups could also take advantage of VNPT’s current customer database, introducing the products to the market sooner. In addition, due to the production process of the corporation and investment strategies of VNPT in the future, it would be a very good environment for creative products to be deployed quickly. For example, VNPT is currently developing a very strong strategy for broadbanding, building thousands of 4G stations to form a mobile broadband network with high intelligence. We have a lot of smart solutions, platform technology ready for our partners to develop on. "

Answer to the question “Is VNPT going to set up an investment fund for technology startups?”, Nguyen Van Tan said that VNPT has the resources to invest in projects and to cooperate in developing feasible ideas.. “We are very much looking forward to know you, who have ideas to discuss the opportunities for cooperation.”

The leaders of VNPT have fully awareness of the need to rapidly establish a R & D center, with clear, explicit guidelines and requirements, so that all startup ideas meeting those requirements could be connected. Then, new products can be deployed right on the VNPT system.

Known as the leading corporation in the field of telecommunications, in order to catch up with the trend of the fourth industrial revolution, VNPT is constantly developing new products and services based on new technologies, smart infrastructure, smart connectivity and intelligent services. VNPT is ready to share these achievements with startups which are on their way ahead. Especially the startups, which have been, and will participate in the Vietnam Talent Awards.

The eruption era of startups!

As a strategic consultant, Mr. Nguyen Huu Thai Hoa had his point of view: Startups are having a tremendous opportunity to gain global access to an intelligent industry and to the age of public revolution: the Fourth Industrial Revolution. In the next 10 years, it would be a boom era of startup, provided that we repositioned startups. We must have a strategy to develop startups.

However, Vietnam needs new technological solutions to help develop and increase the competitiveness of enterprises. According to Mr. Nguyen Huu Thai Hoa, for Vietnam to lead in the 4.0 industrial era, it is important to change the mindset of the Vietnamese, the youth, the startup community. The tools and things we see and experience in the information age are not as important as the way we change our mindset, taking advantage of the opportunity of developing on an information technology platform to open up the future for startups.

 

 

In the workshop: "The Fourth Industrial Revolution - Opportunities for Startups?" is part of the program of the Vietnam Talent Awards 2017, Mr. Nguyen Huu Thai Hoa gave out a message to the youth who are starting their own business, that is:  "knowledge". It would be wrong to understand that to start a business is to make money, to drop out of school to sell coffee ... And "the most important thing to in starting a business is to create a knowledge roadmap. They have to pack the knowledge from the school, from the society, so that when time comes, they are ready, " he shared.

According to Mr Nguyen Huu Thai Hoa, the new wind that VNPT Group as well as the startup professionals want to blow into the startup community through the Workshop: "The Fourth Industrial Revolution- Opportunities for Startups?" is the professional working, seriousness and standards for startups. When Vietnamese standards for start-ups are set and applied, we have a very different future for start-ups.

 

The workshop: "The Fourth Industrial Revolution - Opportunities for Startups?" Is part of a series of exchanges with startup communities in Hanoi, Da Nang and Ho Chi Minh City with the presence of both nationally and internationally well-known guest speakers, who shared and talked about practical topics. In 2017, the Vietnam Talent Awards officially opened the "Information Technology Startup" award system. The organizers expect that Vietnam Talent will attract the attention and active participation from the start-up community, contributing high quality information technology products to the Awards.