The selected startups, Selfomy and Volterra, will gain access to BLOCK71's global network of mentors, investors and corporate partners under the startup ecosystem of the National University of Singapore (NUS).
The event bringing together more than 30 prominent investors and investment funds from Singapore, Japan, South Korea, the US, Vietnam, and the Philippines.
The country aims to raise average localization rates in key industries to 40–45% and position itself among the top three ASEAN countries in industrial competitiveness.
Priority sectors for cooperation including biomedicine and biotechnology, alongside efforts to attract South Korean investment and develop satellite R&D hubs in Hai Phong.