Discussion on innovations in businesses is part of the 1st Global Young Vietnamese Intellectual Forum, which opens in Da Nang city on November 28, 2018. (Photo: soha.vn)

Participants shared practical ideas in the areas of scientific application, agriculture, social media, and start-ups. Young intellectuals also compared and contrasted historical trends and contemporary policies in developed countries with Vietnam’s regional economic modalities in the interest of boosting innovation in business which will serve Vietnam’s development in the new era.

Nguyen Bich Ngoc of the National Economics University talked about the importance of innovation in business: “We need to identify the opportunities and challenges of Vietnam’s contemporary market. Our proposals should be based on real-time conditions to maximize their return. Of central importance to businesses is to create a means by which to encourage innovation.”