Up to 80 of the most innovative startup firms from the ASEAN region will be featured at the World Economic Forum on ASEAN (WEF ASEAN), of which, three are from Vietnam.
The World Economic Forum on ASEAN (WEF ASEAN) will receive more than 1,000 delegates, including high-ranking government representatives and executives of regional and world-leading corporations.
VinaCapital - the leading investment management group in Vietnam - on August 30 announced the establishment of VinaCapital venture capital fund at a scale of US$10 million, aiming to continue its investment strategies in technology startups.
Consultants say that even startups with high capability and good business ideas are finding it difficult to call for investment.
Participants heard details about the new government regulations and policies on investment encouragement for the promotion of innovative startup activities, during a workshop held in Hanoi on August 14.
As Vietnam’s economic hub, Ho Chi Minh City boasts advantages to develop startups, with its science-technology resources accounting for 25% and the number of operating businesses taking up 50% of the country’s, while its labour productivity is 2.5 times higher than the national average.
Ho Chi Minh City has applied several measures to boost the development of enterprises, including turning business households into companies.
Around 150 delegates from State agencies, research institutes, and organisations supporting startups gathered at a conference in the Mekong Delta city of Can Tho on July 20 to share their experiences in boosting the success of startups.
Uber’s departure from the Vietnamese market has created a space for Vietnam’s apps to develop. Vato, Aber, 123xe and the newcomer Fastgo are among them.
Investors have poured more capital into Vietnamese technology startups amid the strong rise of new technologies such as AI and Big Data.
The sixth Vietnam Startup Wheel in 2018 was launched on May 15 nationwide for all individuals, groups and startup business founders residing in Vietnam regardless of their age.
A Vietnamese man has been running an enterprise in his motherland in the quest for a more meaningful life after deciding to leave the US, where he successfully co-launched several start-ups.
The Vietnam Chamber of Commerce and Industry (VCCI) inaugurated an innovative start-up centre in the Mekong Delta city of Can Tho on April 17.
Vietnamese startups in new technology will be a key driver in luring in foreign capital within the next decade, said Maybank Kim Eng Group in March 27's conference in Singapore.
Repeated warnings have been given in the last two years about the growing tendency of Vietnamese registering businesses in other countries such as Singapore and Thailand, though their production and sale activities are mostly carried out in Vietnam.
The Women’s Union of the Mekong Delta city of Can Tho launched the Women Startup Day on March 6 to celebrate the International Women’s Day (March 8) and encourage the women to start businesses.
While many people scoff at the thought of working in agriculture, said to come with low productivity and low added value, a slew of local youths are pursuing smart farming support methods with the hope of making meaningful changes in the agricultural sector.
The Destination Mekong and the Mekong Business Initiative on February 7 announced their 2018 Mekong Innovative Startups in Tourism (MIST) business support programmes are now open for applications.
Ten excellent startups introduced their business model to call for capital from 100 investors at the Demo Day 2018 organised in Hanoi on February 1.
A mobile app developed by startup firm Wisepass and launched early last year has been making it more convenient and economical for casual drinkers and frequent diners to enjoy food and wine around Ho Chi Minh City.