Indonesian start-ups and venture capital funds are pouring more capital into Vietnam, especially in digital technology, due to the similarity in business environment between the two countries, the Dau tu (Investment) newspaper reported.

The ADB Ventures - Supporting Impact Startups, a joint project between Vietnam National Innovation Centre (NIC) and the Asian Development Bank (ADB), has been launched, offering US$1 million for Vietnam between 2021 and 2023.

A Russian programme on the development of startups’ business plans recently kicked off in Saint Petersburg, aiming to bring Russian projects to the Vietnamese market and attract Vietnamese investment in Russia.

After months of fighting COVID-19, Ho Chi Minh City and southern provinces plan to gradually resume economic activities from October 1 since they have basically controlled the pandemic.

The Ministry of Planning and Investment (MPI) has coordinated with relevant ministries, sectors, agencies and localities to build a draft resolution on supporting and developing businesses in the 2021-2025 period, with a target of about 710,000 newly-established enterprises in the period.

The Association of Francophone Universities (AUF) on September 27 opened two employment support centres in Hanoi and Ho Chi Minh City, with the aim of connecting students with job opportunities, increase their integration into the labour market and encourage their start-up spirit.

VOV.VN - The Vietnamese Trade Counselor in Algeria has shared start-up experience and highlighted co-operation and investment opportunities at an international seminar on the topic of the Algerian economy with a vision aimed towards the year 2030.

Vietnam’s export turnover is forecast to surpass US$315 billion this year, which, however, requires more drastic measures.

Foreign investment into Vietnamese startups is predicted to increase although the COVID-19 pandemic has left a negative impact on the economy, according to experts.

VOV.VN - National Assembly Chairman Vuong Dinh Hue has called on Vietnamese and Finnish businesses to increase their connectivity in order to fully tap into their potential and promote mutually beneficial trade & economic cooperation.