HCM City to establish startup industrial zone
Ho Chi Minh City will build an industrial zone for new businesses, including startups, and aid firms with business registration procedures, said Secretary of the municipal Party Committee Nguyen Thien Nhan.
Ho Chi Minh City will build an industrial zone for new businesses, including startups, and aid firms with business registration procedures. (Photo: VNA)HCM City (VNA) – Ho Chi Minh City will build an industrial zone for new businesses, including startups, and aid firms with business registration procedures, said Secretary of the municipal Party Committee Nguyen Thien Nhan.
He made the confirmation at a meeting held in the city on September 7 to evaluate progress since the Saigon Innovation Hub (SiHub) was established a year ago.
Along with private investment, public-private partnerships will be a focus of the city as part of efforts to support startups in branching out, he said.
Fierce competition has forced the city to enhance productivity and the use of science and technology, Nhan said, adding that this also requires new enterprises to renovate their technology.
The city has focused on activities to develop a startup ecosystem under a programme which supports small and medium enterprises to enhance competitive capacity and global integration. The programme’s core goal is to encourage innovative startups via scientific research development.
[HCM City: over 500 startup projects launched]
Talking about SiHub which assists initiatives for innovation and start-up enterprises, Nguyen Viet Dung, Director of the municipal Department of Science and Technology, said thanks to support from the Asian Development Bank, the centre can help build Ho Chi Minh City into a startup city.
After one year, SiHub has carried out various activities like bringing STEM (Science, Technology, Engineering and Mathematics) programmes to 486 schools, assisting 11 startup and innovation programmes, giving startup training to 115 lecturers and supporting startup incubators for two universities.
The centre also worked with more than 50 international organisations to carry out programmes to assist startups, he underlined.-VNA
You should also see
PM urges village elders, citizens to help preserve cultural heritage
Prime Minister Pham Minh Chinh has asked village elders and chiefs, skilled artisans and reputable citizens to make greater efforts to preserve and promote tangible and intangible cultural heritage, which is the quintessence and core value of the nation.
See more
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
