Thứ 5, Ngày 15/09/2022, 15:00
Singapore Deputy Prime Minister visits the startup community at Block71 of Becamex IDC
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​PORTAL - On the afternoon of September 14, at the Block71 Saigon Office (Thu Duc City, Ho Chi Minh City), Singapore Deputy Prime Minister and Coordinating Minister for Economic Policies Heng Swee Keat (Vuong Thuy Kiet) and the Singapore Delegation visited and worked here.

​Receiving and working with the delegation were Mr. Nguyen Van Hung - Chairman of the Board of Directors of Becamex IDC Corp; leaders of Becamex IDC, Block71 and VSIP.

Within the framework of the visit, leaders of Becamex IDC shared comments and observations on the current state of innovation in Vietnam, revolving around access to talent and capital for start-ups, new trends and potential areas with the Deputy Prime Minister.


Singapore Deputy Prime Minister Vuong Thuy Kiet (3rd from the right) visits Block71 Saigon


Singapore Deputy Prime Minister Vuong Thuy Kiet (2nd from the right) visits startup products at Block71 Saigon

At the same time, Becamex IDC also introduced to the Deputy Prime Minister about the startup community operating at Block71 Saigon, as well as programs and activities to support the development of the innovation ecosystem and upcoming plans to expand the Block71 system in Vietnam

Over the past 5 years, Becamex IDC has pioneered in investing resources to build an innovation ecosystem, in order to promote the next stage of development of Vietnam's economy to maintain its growth rate and overcome the middle income trap.


Singapore Deputy Prime Minister Vuong Thuy Kiet (5th from the right) takes a photo with leaders of Becamex IDC, VSIP and Block71 Saigon

From the core of being the leading industrial developer in Vietnam with a business ecosystem that fully meets the needs of investors for more than 3 decades, Becamex IDC is building a new generation of industrial ecological system. Strongly shifting from labor intensive to applying technology, skills and capital to increase labor productivity.

Becamex IDC is the unit that accompanies Binh Duong province to implement the "Binh Duong Smart City" project with the criterion of always sticking to economic transformation towards innovation and digitization. Binh Duong Smart City has been honored in the top 21 by ICF four times in a row, and twice in the top 7 cities with typical smart city development strategies in the world. Thereby, affirming that the choice of approach of the Binh Duong Smart City project is in line with the general trend of the world.

Block71 Saigon is one of the important pieces in the startup and innovation ecosystem invested and strongly developed by Becamex IDC in Binh Duong such as: Intelligent Operation Center, Eastern International University with Becamex Business Incubator, Fablab, Advanced production center; World Trade Center WTC, etc. to build and develop Binh Duong smarter, better and more livable.

Block71 Saigon is a strategic partnership between NUS Enterprise and Becamex IDC, a gateway connecting the Vietnamese tech startup community to the global startup map, supporting access to mentorship and growth in local and global markets.

Officially operating since October 2020, until now, Block71 Saigon has built a dynamic international technology startup community with more than 40 members, local and foreign startups.

Block71 Saigon has also connected with important partners in the innovation startup ecosystem including universities, venture capital funds, large enterprises, incubator programs to build world-class startup support programs.

By supporting tech talent, connecting them to networks and resources in Southeast Asia as well as globally, BLOCK71 Saigon is accelerating the growth of the enterprise in areas such as: Training and talents; working space; international market; global community; grants and sponsorships; technology and intellectual property.

Reported by Ha Long- Van Thuan- Translated by Thanh Tam​​

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