Many technology talents have been returning to Vietnam after studying abroad, helping fuel not only domestic electronics supply chains but also the fast-growing digital economy.

As many as 20 million Vietnamese youths will receive support to improve their digital business capacity and develop their startups under a programme launched by the Supporting Centre for Youth’s Startup, and the Centre for Enabling Startups and Knowledge Transfer and the Centre for Student Support under the Vietnam National University - Hanoi, in Hanoi on December 20.

Hanoi has been honoured for its attractiveness in startup and innovation under the Vietnam Smart City Award 2023 programme series.

Prime Minister Pham Minh Chinh has said startup and innovation must be considered as a crucial political task that contributes to promoting robust economic growth, enhancing competitiveness edge and efficiency of production and business, increasing labour productivity, and opening up a new development space.

Vietnam’s startup spirit was honoured at an event recently held at Nasdaq headquarters in New York, the US, by VietChallenge, a non-profit organisation led by Vietnamese professionals and entrepreneurs in the US.

VOV.VN - Go Global Franchise Fund (GGFF), a private investment fund, was inaugurated in Vietnam on November 2 to support the operation of potential startup businesses.

Vietnam is taking advantage of investment opportunities in innovation and startups, heard the Vietnam Venture Summit held by the National Innovation Centre (NIC) and the Golden Gate Ventures on October 30.

VOV.VN - The Vietnamese Government will continue to priotise strongly promoting growth associated with consolidating and maintaining macroeconomic stability, controlling inflation and ensuring major economic balances in a bid to create more positive changes in making strategic breakthroughs.

Many Vietnamese prefer using messaging apps for their daily activities, including shopping for essential goods, so this is an opportunity for businesses to interact with potential customers via social media platforms and messaging apps, an expert has said.

The Vietnam-Japan Association of Entrepreneurship (E-Future) held a startup summit in Tokyo, Japan, on October 14, aiming to introduce potential business opportunities for startups of both nations.