Vietnam’s youth start-up ecosystem has attracted 529 million USD in venture capital funding for start-ups in 2024, according to the National Study on the State of the Ecosystem for Youth Entrepreneurship in Vietnam.
Of the total investment, 107 billion VND came from the city's science and technology budget, 11 billion VND from central Government funding and 22 billion VND from other sources.
An online conference to promote investment from the Republic of Korea in the southern province of Binh Duong was held by the provincial People’s Committee and Becamex IDC Corp on November 9.
A high-level conference was held in Hanoi on October 8 with the aim of connecting Vietnamese individuals, investors, and businesspeople abroad with investment and innovative start-up opportunities at home.
The Ho Chi Minh City Innovative Start-up Centre commenced its construction on October 1, which is expected to be a hub for start-ups amid the fourth Industrial Revolution.
The national start-up day “Techfest Vietnam 2019” is scheduled to take place in the northern province of Quang Ninh on December 4-6, a local official has announced.
Building the correct legal framework is one of the major challenges holding back start-up businesses and now the Government is looking at easing red-tape and giving an easier ride to both young companies and the private sector.
Despite Vietnam’s rise in the global competitiveness index, further reforms are needed to achieve economic targets set by the Government, speakers said at a workshop in Ho Chi Minh City on October 24.
Vietnam's start-up sector is closing the gap with regional leaders Indonesia and Singapore with new investment, according to a Nikkei Asian Review article.
The Hanoi Innovation Summit 2019 under the auspices of the Hanoi People’s Committee and the Ministry of Planning and Investment opened on August 29 at the National Convention Centre.
Agricultural start-ups should capitalise on the huge demand for safe agricultural products by developing long-term, sustainable production strategies, experts said at a seminar in Ho Chi Minh City on June 6.
The National Innovation Centre (NIC) is a hallmark in the national strategy on the Fourth Industrial Revolution (Industry 4.0), Prime Minister Nguyen Xuan Phuc has said.
The Vietnamese Government wishes to speed up the development of the start-up community and ecosystem, despite a number of difficulties facing the nation, Deputy Prime Minister Vu Duc Dam has affirmed.
Among key technologies of the fourth industrial revolution, blockchain is one of the breakthrough examples which is predicted to lead the revolution in the coming decades.
Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan had talks with Mayor of Tel Aviv Ron Huldai in the Israeli city on May 22 to discuss bilateral cooperation, especially in developing a smart city, high technology and start-up ecosystem.
The national innovation and start-up festival Techfest 2017 is going to take place under the theme “Start-up Ecosystem Connect” in Hanoi on November 14-15.