Vietnam is paying special attention to business development, with the government promoting start-up movements so that nationwide businesses will double to a million within the next five years.
Deputy Prime Minister Vuong Dinh Hue affirmed that a start-up ecosystem seminar is an opportunity for the Vietnamese Government and Hanoi to learn from Israel, a successful start-up nation.
Deputy Prime Minister Vu Duc Dam has urged ministries and sectors to conduct specific activities to realise Government’s policies of encouraging startups.
A two-day startup festival (TechFest Vietnam 2016) that concluded in Hanoi on November 13 attracted nearly 170 investors and more than 3,000 visitors, according to the organisers.