The Ho Chi Minh Communist Youth Union (HCM CYU) has recently launched a contest to encourage young people to launch agricultural start-ups (Illustrative photo: VNA)

Hanoi (VNA) – The Ho Chi Minh Communist Youth Union (HCM CYU) has recently launched a contest to encourage young people to launch agricultural start-ups.

The contest aims to build start-up spirit among young people, as well as create a favourable climate for rural youth start-ups, especially in high-tech agriculture.

Standing Secretary of the HCM CYU Doan Nguyen An voiced his hope that the contest will attract many contestants across the country, thus helping Vietnamese youths participate in the agricultural sector and drawing more investment from domestic and foreign businesses.

Vietnamese people aged from 18 to 35, with start-up projects in agriculture, including cultivation, animal husbandry, seafood, forestry, preservation and processing industries, among others, are eligible for the contest.

The 60 most outstanding projects will qualify for the next round of the contest called “Building start-up project”. In the second round, contestants will receive training and meet with economic experts and successful entrepreneurs.

The 10 best projects will enter the final round and will feature in newspapers and the HCM CYU’s website.

The contest and awards ceremony are slated for September 2018.-VNA