Overcoming human resources problems, understanding local cultures and finding reliable partners are needed for Vietnamese start-ups to “go global,” the CEO of Grab Financial Group Vietnam Nguyen Tuan Anh has said.
Vietnamese start-ups are still not paying adequate attention to registering intellectual property, although this type of intangible asset plays a significant role in their future development.
Start-ups should grasp market trends and make solid preparations in terms of planning and resources to ensure their future success, said participants at the Vietnam Young Leaders Forum in Ho Chi Minh City on December 14.
The logistics sector has been the bottleneck for Vietnam’s economic development, but offers plentiful opportunities for local startup companies with the application of technologies.
Innovative start-ups will enjoy financial support from the National Technology Innovation Foundation (NATIF) fund, according to a directive issued by Prime Minister Nguyen Xuan Phuc.
Three Vietnamese start-ups will travel to Malaysia to seek business opportunities in the country under an exchange programme for start-ups entitled “Runway to the World”.
Ho Chi Minh City has created many programmes to support start-up activities, and has plans to expand its support to individuals and groups with potential, the Saigon Hi-tech Park Incubation Centre (SHTP-IC) has said.
Start-ups will be given support from the State budget in localities with no more than 30% of total investment mobilised from investment funds.
While the profile of Vietnamese businesswomen has been raised significantly in recent years with the emergence of leaders in certain sectors, budding women entrepreneurs still have to fight with one hand tied behind their backs.
In the context of rapid growth of the startup movement among young entrepreneurs, start-ups’ activities have expanded and have shown huge potential.
Creating encouraging polices and a clear legal system is crucial to attracting investment to innovative start-ups, according to a Ministry of Planning and Investment (MPI) official.
The Techfest Vietnam 2017 is scheduled to take place in Hanoi in mid-November to promote start-up businesses.
Books are one of humanity’s oldest communications technologies, and this year’s Hanoi Book Fair seeks to highlight their role in the digital age with the theme “Books and Start-ups”.
The APEC 2017 Start-ups Forum was held in Ho Chi Minh City on September 12 to support micro, small and medium-sized enterprises (MSMEs) to innovate, integrate and access to the global value chain right at their nascent business stage.
Secretary of Ho Chi Minh City Party Committee Nguyen Thien Nhan has suggested Incheon city of the Republic of Korea (RoK) help the Vietnamese city set up a start-ups support centre, towards promoting scientific and economic exchange.
The government will offer all possible support to businesses, start-ups and create jobs to workers, Prime Minister Nguyen Xuan Phuc has said.
The Bank for Investment and Development of Vietnam (BIDV) has launched preferential credit programmes worth a total VND3 trillion (US$132.1 million) to support start-ups and micro enterprises.
VOV.VN - The recent economic growth rates in Vietnam and the rising young middle income class have garnered much interest among entrepreneurs looking for potential e-commerce opportunities.
Vietnamese Road, a mobile game that trains people how to survive the crazy traffic in Vietnam, has just received a US$40,000 grant from the Facebook start-ups fund.
Agriculture is a “fertile land” for start-ups, Prime Minister Nguyen Xuan Phuc told more than 1,000 young people at the launch of a programme encouraging youths’ involvement in creating start-ups in Hanoi on October 16.