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Winning five out of 10 first prizes at the grand finale of the National Student Entrepreneurship Festival , Hanoi continues to prove its leadership among the nation's startup communities. The sixth National Student Entrepreneurship Festival ended yesterday night May 13 in the Mekong Delta city of Cantho with a grand finale and an awarding ceremony to honor the best 10 projects. The HUST students unveiled their idea of making coffee ground-original capsules for industrial and domestic burning, which is expected to provide a supplementary product to the energy sector and help reduce environmental pollution.
The Hanoi Department of Education and Training won two first prizes for their projects of producing rehabilitation devices for patients undergoing stroke recovery and using AI technologies to maximize business performance. The impressive performance of Hanoi students at the festival, also known as the SV Startup Contest, highlights the role of capital in promoting entrepreneurship and startup spirit across the country.
The total includes more than new projects that were introduced and presented at the sixth National Entrepreneurship Festival held last weekend. The figure increased by nearly projects compared to the previous event. For the rest, the project developers are now either running tests or putting puzzle pieces together for the final design. The quality of the projects and initiatives has become better one year after another. Many of them have received financial and technical support from the Government, universities and colleges, and private enterprises so that they turn into practice in some particular areas.
Notably, entrepreneurship, or the desire to launch a startup, is now spreading to every corner of the nation. Every young person can start their own business. Startup businesses have mushroomed like weeds over a rainy night. At the closing ceremony of the festival, Deputy Minister of Education and Training Nguyen Thi Kim Chi appreciated Vietnamese students for their proactive participation in the event.
She also hailed universities, colleges, schools, and education agencies across the country for having promoted high-quality initiatives to the festival. Deputy minister Chi expected that private enterprises and investors will pay attention to the projects, and that they will remain the supporters for the upcoming festivals. Three-quarters of all universities have organized short-term training courses to give students necessary skills to being their companies.