Business

Gov't encourages investment in innovative startups

Government encourages investment in innovative startups

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.
Government encourages investment in innovative startups ảnh 1Participants at the workshop (Photo: VNA)

Hanoi (VNA) – Participants hearddetails about the new government regulations and policies on investmentencouragement for the promotion of innovative startup activities, during aworkshop held in Hanoi on August 14.

The panels mentioned a project run by theMinistry of Science and Technology which looks to support the nationalinnovation system to 2025 and regulations on investment for small-scalebusinesses and start-ups according to the Government’s Decree No.38/2018/ND-CP.

Phan Hoang Lan, a representative from theDepartment of Market Development and Science-Technology under the Ministry ofScience and Technology, said policies relating to startups are still new inVietnam and need time for reflection and review.

It takes about three years for the country tobuild a legal framework and supportive policies, she added.

Trinh Thi Huong, a representative from theAgency for Enterprise Development under the Ministry of Planning andInvestment, said the decree encourages the establishment of innovative startupfirms.

The Ministry of Science and Technology said itwill propose a mechanism to attract investment in innovative startups frombusinesses at home and abroad, especially from overseas Vietnameseintellectuals. –VNA


VNA
#innovative startups #regulations #policies #investment #encouragement #workshop #Ministry of Science and Technology #national innovation system #overseas Vietnamese #vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

HCM City wishes to lead in startup activities

HCM City wishes to lead in startup activities

As Vietnam’s economic hub, Ho Chi Minh City boasts advantages to develop startups, with its science-technology resources accounting for 25 percent and the number of operating businesses taking up 50 percent of the country’s, while its labour productivity is 2.5 times higher than the national average.
Vietnam moves to seize opportunities from Industry 4.0

Vietnam moves to seize opportunities from Industry 4.0

The Government of Vietnam considers the fourth Industrial Revolution (also known as Industry 4.0), especially aspects concerning artificial intelligence, a huge opportunity for Vietnam to become a modern, industrialised nation in the near future, said Minister of Planning and Investment Nguyen Chi Dung.

See more

Downtown area in Ho Chi Minh City. (Photo: VNA)

Vietnam's golden gateway: FDI poised for gains in 2026

More than just volume, the quality of FDI entering Vietnam has improved. The nation is evolving from a base for basic assembly and processing into a genuine contributor to hi-tech manufacturing and R&D across global value chains.

Deputy Minister of Finance Do Thanh Trung speaks at the ceremony (Photo: VNA)

Project to advance growth, innovation, leadership for enterprises kicks off

AGILE is not only a testament to the long-standing and trusted strategic partnership between Vietnam and Canada, but also an important contribution to the Vietnamese Government’s efforts to promote innovation and sustainable growth within the private sector, thereby effectively mobilising private investment to realise inclusive and sustainable development goal.

At Regza Vietnam Electronics Co., Ltd. in Dong Nai province. (Photo: VNA)

FDI disbursement in January hits five-year high

Economists said that the continued growth in realised FDI reflects foreign investors’ sustained implementation and expansion of production and business activities in Vietnam. This is seen as an encouraging signal, underscoring investors’ confidence in Vietnam’s business environment and economic prospects.

In Q1 2026, Vietnam records 16 export commodities with turnover exceeding 1 billion USD. (Photo: VNA)

Exports face stiff test in bid to hit 550 billion USD

To achieve export growth of over 15% as directed by the Government, the MoIT said it will prioritise a set of core measures in 2026, including expanding production capacity, developing new export products, increasing domestic content and value added, accelerating the shift from processing to manufacturing, and proactively addressing trade barriers and defence measures.

Illustrative photo (Photo: VNA)

January CPI rises on stronger Tet holiday demand

CPI in January 2026 rose 0.05% month-on-month, with urban areas up 0.02% and rural areas up 0.09%. Of the 11 major commodity and service groups, nine recorded price hikes while two saw declines.

Vietnam is currently Cambodia’s third-largest trading partner worldwide, after China and the US, and its largest trading partner within ASEAN. (Photo: Ministry of Industry and Trade)

Party chief’s Cambodia visit to open up new phase of deeper, closer cooperation

To further unlock the potential of bilateral economic and trade cooperation, Vietnam and Cambodia should continue reviewing and effectively implementing signed agreements, facilitating trade and border connectivity, strengthening trade promotion in complementary sectors, reforming administrative procedures, upgrading border and logistics infrastructure, and enhancing coordination in combating smuggling and trade fraud.

Investors monitor stock market movements at the HoSE trading floor. (Photo: VNA)

VNX, FTSE Russell discuss Vietnam market upgrade

During the working session, the two sides shared updates on the performance of Vietnam’s stock market in 2025, focusing on market capitalisation, index trends, developments in the equities, bond and derivatives segments, and the continued expansion of the investor base.