The Vietnam International Innovation Expo 2021 is announced at a press conference in Hanoi on December 29, 2020. (Photo: baotintuc.vn)

The two-day event, the first of its kind in Vietnam, features technological solutions in cities, smart factories, cameras with built-in artificial intelligence, digital technology, and virtual reality technology.

“Innovations give technological solutions to improve management and business models, helping to boost competitiveness and value of enterprises. The impact of innovation on the economy can be seen through indicators on sales, profits, tax, and job generation,” said Deputy Minister of Planning and Investment Tran Duy Dong. 

The National Innovation Center will be constructed at Hoa Lac High-tech Park in Hanoi as part of the event.