There is an increasing demand from Malaysian tech companies to enter Vietnam as one of the key markets in ASEAN, given its fast economic growth. After an extensive conversation, InnoLab Asia would like to announce our partnership with MDEC- an agency under the Ministry of Communications and Multimedia Malaysia (KKMM) leading the digital transformation of the Malaysian economy for 25 years.
InnoLab Asia will serve as an advisory to MDEC on Vietnam’s tech ecosystem key partners for collaboration, providing online consultancy and advisory services to Malaysian tech companies relevant to market expansion in Vietnam.
The strategic partnership between MDEC and InnoLab Asia is crucial to connect Malaysia and Vietnam ecosystems with the following objectives:
- Promote MDEC and Malaysian tech companies to Vietnam’s tech ecosystem including government agencies, corporates, trade associations, venture capitalists, and channel partners.
- Devise market entry strategy into Vietnam through consultation advisory services for Malaysian tech companies expanding into Vietnam such as partnership management and business set up in Vietnam.
- Explore areas of collaboration and business opportunities in Vietnam by leveraging InnoLab Asia’s vast network to generate leads and potential matches for Malaysian tech companies.
- Enable and enhance bilateral opportunities for Vietnamese companies/organisations to expand into Malaysia.
👉 If you are interested in collaborating with Malaysian tech companies, please kindly contact us.
About Malaysia Digital Economy Corporation (MDEC)
Malaysia Digital Economy Corporation (MDEC) is the agency under the Ministry of Communications and Multimedia Malaysia leading the digital transformation of the economy for 25 years. We aim to enable a digitally sovereign nation and lead an innovative digital economy.
To achieve this, MDEC will execute on its NADI (Nadi Digital) framework, based on the four thrusts: New skills, Adoption, Digital ScaleUps, and Investments. NADI will drive our core programmes for the rakyat, industry, and investors. MDEC will continue to lead Malaysia’s digital economy forward towards becoming a globally competitive digital nation, anchored on innovation, sustainability, and shared prosperity, firmly establishing Malaysia as the Heart of Digital ASEAN.
MDEC, through its GAIN Connex programme, has helped to ease many Malaysian tech companies to enter new markets as well as expanding into the ASEAN region and beyond. Since its inception in 2016, it has generated a total export revenue worth US$ 1 billion. It is a business networking and matching platform to facilitate and open-up market access to create export opportunities for Malaysian tech companies.
About InnoLab Asia:
InnoLab Asia was cofounded by Nguyen Phi Van and Cong-Thang HUYNH to offer more innovation opportunities to the ecosystem. InnoLab Asia has been appointed as the implementation partner for the Open Innovation Vietnam initiative under the Ministry of Science and Technology.
InnoLab Asia’s vision is to create an innovative collaboration platform where all stakeholders in one innovation ecosystem meet, collaborate, and succeed together.
InnoLab Asia is focused on helping organisations design, build, and launch innovation by building internal capabilities. IA provides a full range of tailor-made and proven intrapreneurship programmes consisting of executive workshops, intensive boot camps, hands-on training classes, and inspiring seminars to ensure that our clients’ innovation capabilities are growing exponentially and sustainably throughout all levels of the organisation. Moreover, InnoLab Asia organises CrowdPitch as a platform to introduce rising startups to investors in the ecosystem and builds the technical services on demand.