Seoul (VNA) - COO Builder, which supports startups of the Republic of Korea (RoK) to operate in Vietnam, has opened a startup centre in Ho Chi Minh City, reported the RoK’s Aju business daily.

Employees of the centre, with experience and great understanding in investment, startup and supporting startups, can speak Vietnamese, English, Chinese and Korean.

The centre will provide company building services required by the RoK side like recruitment of local workers, visa and housing issues. 

Joo-Hong Lee, a co-founder of Coo Builder, said that it has exerted efforts to provide other supplementary services with a hope that RoK startups will contribute to the development of Vietnam’s startup ecosystem. 

Coo Builder is to expand its operation to other Vietnamese cities in the first half of 2022.

Vietnam’s startup ecosystem is highly regarded in Southeast Asia, however, infrastructure shortages have been a spanner in its development./.
VNA