Keyword: "startups"

Vietnam ranks second in ASEAN for the dynamism and growth of startups in Generative AI (GenAI), according to the 2024 ASEAN GenAI Startup Report.

By boosting cooperation with reputable partners across the globe, Vietnam is taking steps to gain a foothold in the world’s semiconductor and artificial intelligence (AI) industries.

Vietnam’s Ministry of Planning and Investment (MPI) and the Republic of Korea (RoK)’s Ministry of Small and Medium size Enterprises (SMEs) and Startups convened the first meeting of their bilateral cooperation committee in Hanoi on August 28, aiming to enhance collaboration between the two countries' SMEs and startups.

The recent vigorous growth of startups in Vietnam has attracted domestic and foreign investors, but insiders recommended more efforts be made to facilitate startups’ access to funding from investors so that they can live up to potential.

Prime Minister Pham Minh Chinh emphasised Vietnam’s policy on promoting innovation-driven economic growth while attending a dialogue with the World Economic Forum (WEF)’s startup and innovator community as part of the WEF’s Annual Meeting of the New Champions 2024 in Dalian city, China, on June 25.

The Da Nang Venture and Angel Summit (DAVAS) 2024 kicked off in the central city on May 31, aiming to create a chance for startup projects to access investors and investment funds.

Prime Minister Pham Minh Chinh attended the sixth National Student Entrepreneurship Festival held in the Mekong Delta city of Can Tho on May 12.

Vietnam has issued major guidelines, policies and orientations to develop innovation and startups, as the Party and State always consider science-technology and innovation as a “strategic breakthrough” and a “main driving force” to create improvements in productivity, quality, efficiency and competitiveness of the economy.

Indonesia’s Cooperatives and Small and Medium Enterprises Ministry has continued to exert efforts to expand access to financing and investment to the country’s startup companies, Minister Teten Masduki said on March 27.

As many as 20 million Vietnamese youths will receive support to improve their digital business capacity and develop their startups under a programme launched by the Supporting Centre for Youth’s Startup, and the Centre for Enabling Startups and Knowledge Transfer and the Centre for Student Support under the Vietnam National University - Hanoi, in Hanoi on December 20.

Vietnam is taking advantage of investment opportunities in innovation and startups, heard the Vietnam Venture Summit held by the National Innovation Centre (NIC) and the Golden Gate Ventures on October 30.

Many Vietnamese prefer using messaging apps for their daily activities, including shopping for essential goods, so this is an opportunity for businesses to interact with potential customers via social media platforms and messaging apps, an expert has said.

Winners of the women startup competition 2023 were awarded at a ceremony held by the Vietnam Women’s Union (VWU) Central Committee in Hanoi on October 14.

Indonesia is in the sixth place among countries with the most startups, according to data from Startupranking.com.

Vietnam’s Internet of Things (IoT) market is expected to hit 7 billion USD in 2025, according to Nguyen Thien Nghia, Deputy Director in charge of the Ministry of Information and Communications (MIC)’s Department of Information and Communications Industry.

The Ministry of Science and Technology on May 23 launched the National Innovative Entrepreneurship Day 2023 (Techfest 2023) in Hanoi.

Thailand's National Electronics and Computer Technology Centre (Nectec) has pledged to provide enough platforms and tools for Thai startups to develop their artificial intelligence (AI).

The Government’s Resolution issued on March 31 on implementing a Party’s Resolution on the promotion of the private economic sector set a target of having about 1.5 million enterprises by 2025 and, according to experts, this requires breakthroughs in policies.

Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai on March 14 said that the city is committed to being a responsible partner and actively facilitating cooperation between businesses of Vietnam and Indonesia, particularly small and medium-sized enterprises (SMEs) and startups.

Vietnamese entrepreneurs have to think for the long term as raising funds for startups has become more challenging in recent years.