Having the third most vibrant startup ecosystem in Southeast Asia, Vietnam has been a promising land for foreign investors, according to Sergey Sinitsyn from the Moscow State Institute of International Relations.

VOV.VN - The Vietnam Venture Summit 2020, the second event to be held of its kind, is set to take place in Hanoi on November 25 and will provide a dialogue platform between the Vietnamese Government and a number of major international venture funds.

The top 60 Vietnamese start-ups chosen from thousands of contestants competed at the semi-final round of the 2020 Vietnam Start-up Wheel contest in HCM City on November 13.

Vietnam’s underdeveloped fabric production is making it difficult for textile and garment businesses to take advantage of free trade agreements, including the Europe – Vietnam Free Trade Agreement (EVFTA).

HCM City is focusing on developing smart industrial parks to attract hi-tech businesses and innovative start-ups.

The international forum Franconomics, a multidisciplinary dialogue on important socio-economic topics of countries in the French-speaking community, opened in Hanoi capital on October 22.

The Vietnam Women’s Union (VWU) and the Ministry of Agriculture and Rural Development (MARD) held a forum on women starting up businesses with One Commune, One Product (OCOP) products in Hanoi on October 13.

The central city of Da Nang on October 10 started construction on the first phase of the Software Park No 2, worth more than VND703 billion (US$30.4 million), in Hai Chau district.

A high-level conference was held in Hanoi on October 8 with the aim of connecting Vietnamese individuals, investors, and businesspeople abroad with investment and innovative start-up opportunities at home.

The national festival for innovative startups, Techfest Vietnam 2020, will take place at the National Economics University in Hanoi from November 27-29.