Four most outstanding solutions are awarded by Minister of Planning and Investment Nguyen Chi Dung (extreme left) and Simon Milner, Vice President of Public Policy for APAC of Meta Group (extreme right). (Photo credit: NIC)

Among them, the top 4 solutions will be honored next month at the Inauguration Ceremony of NIC’s facility at Hoa Lac Hi-tech Park and Vietnam International Innovation Exhibition 2023.

They are oneSME – a digital transformation platform of VNPT; akaBot - Robotic Process Automation solutions of FPT; VNPT HKD – a Comprehensive Management Service for Individual Business Households of VNPT IT; and CIVAMS – a CMC Intelligent Video Analytics and Management System of CMC ATI.

Launched last October and jointly organized by the Vietnam National Innovation Center (NIC) and Meta Corporation, the program received 758 solutions, 25% of which are from foreign countries with developed innovation ecosystems like South Korea, the US, and Singapore.

Vo Xuan Hoai, NIC’s Deputy Director, said that NIC will continue to support these solutions by working with businesses and localities to introduce specific products and apps.

“For example, for the solutions supporting digital transformation in business administration, we’ll talk to businesses that need them and organize programs to introduce their advantages. Why don’t we use Vietnamese products that can support the digital transformation process very well with reasonable costs and high replicability? The solution by VNPT Corporation, for example, can easily be replicated because VNPT has branches nationwide, so I believe the deployment will be smooth,” said Hoai.

The best solutions received prizes worth up to 300,000 USD plus comprehensive support packages for capacity building, product research and development, workspace, solution promotion, and market expansion.

The winners will participate in a series of pilot introduction and implementation activities in major provinces and cities in Vietnam.

Vietnam Innovation Challenge (VIC) is a program aligned with the Vietnam Innovation Initiative (InnovateVN) under the Ministry of Planning and Investment's guidance and in partnership with the National Innovation Centre and Meta Corporation.