Vietnamplus

Chairman of the HCM Securities Exchange (HOSE) Tran Dac Sinh has proposed that HCM City sets up a stock exchange for start-ups to help them mobilise capital.

The Government’s Small- and Medium-Sized Enterprise Development Foundation (SMEDF) could provide support to startups in the form of venture capital and crowd funding, according to a draft decision.

Stock prices of many local start-up companies are valued extremely high, far above prices of large-cap shares on the two national stock exchanges.

The biggest and most significant conference and exhibition event for start-ups Hatch! Fair opened in Ho Chi Minh City on October 7, attracting representatives from over 20 countries and territories.

The first HATCH! Fair on start-up development will be held at the Grand Palace Convention Centre on October 7 and 8 in HCM City.

A group of students and teachers from Hanoi – Amsterdam High School took part in a study trip on robotics and startups at Hakfar HaYarok High School in Tel Aviv, Israel from August 2-11.

A demo day was held in Hanoi on July 16 as part of a business acceleration project following the Silicon Valley model, aiming to help start-ups attract seed capital to stimulate their growth.

The Startup Fair 2016 was organised for the first time in Da Nang on June 18, targeting startup and entrepreneurship development across the central city.

A workshop was held in Ho Chi Minh City on June 7 to develop capital market for startups.

World Economic Forum (WEF) Managing Director Philipp R ö sler met with young Vietnamese people and entrepreneurs in Hanoi on April 25.

The United States venture capital firm 500 Startups announced an investment fund of 10 million USD for Vietnamese start-ups at American Innovation Roadshow in HCM City on March 8.