Open Innovation Day boosts further development of businesses

The Science-Technology Enterprise and Market Development Department, the Open Innovation and Technology Entrepreneurship Institute (OITI), Zestif, and S-World cohosted the event series of ‘Open Innovation Day – TechTraverse 2023’ in HCMC.

Open Innovation Day – TechTraverse 2023, the first Open Innovation event in Vietnam sponsored by BIDV, was themed “Where Technology Meets Industry.” The event attracted more than 100 senior experts from international organizations, universities, academies, large corporations, and startup businesses.

The experts agreed that Open Innovation has become increasingly common among ASEAN countries in recent years as they compete to attract talent and resources. The concept of Open Innovation has been studied by many countries, and each has its own unique approach to implementing it in the Industry 4.0 era.

A report by IBM found that 84% of senior executives believe that Open Innovation is essential to their companies’ future growth strategies. Open Innovation can also help businesses unlock their full potential.

Sources: Open Innovation Day boosts further development of businesses | SGGP English Edition

Sponsor Information

Bank for Investment and Development of Vietnam (BIDV) was established on April 26, 1957, and is the oldest and largest joint-stock commercial bank in Vietnam.

BIDV operates in a variety of areas, including banking, insurance, securities, financial investment, etc., with a network of 1,100 transaction points, 11 subsidiaries, joint ventures, and alliances, and a commercial presence in 5 countries and territories. BIDV serves nearly 16 million customers, and has established relationships with over 2,300 financial institutions around the world.

For many consecutive years, BIDV has been in the top 2000 largest companies in the world (Forbes); Top 200 most valuable banking brands in the world (Brand Finance); Best retail bank in Vietnam for 8 consecutive years (The Asian Banker), etc.