Vietnam sees promising 4G future Sci-Tech

Vietnam sees promising 4G future

Vietnam hopes to see 3G and 4G networks covering 95 percent of residential homes by 2020, according to Deputy Minister of Information and Communications Phan Tam.
Vinamilk enjoys good start in Gulfood 2016 Business

Vinamilk enjoys good start in Gulfood 2016

Vinamilk, Vietnam’s largest dairy company, signed a contract to export powered milk for children, worth 12.5 million USD, while attending Gulfood 2016 held in the UAE from February 21-25.
Experts urge start-ups to develop plan Business

Experts urge start-ups to develop plan

Young people should work three to five years at organisations to understand how a business run before starting their own company, delegates said at the Vietnam Young Leaders Forum 2015.
Good prospect for high-tech venture fund model: minister Sci-Tech

Good prospect for high-tech venture fund model: minister

Minister of Science and Technology Nguyen Quan on June 12 told the National Assembly that a trial private venture fund for technology development, licensed early this year, has proved to be a good start.

In response to NA deputies’ questions about venture funds for high technology, the minister said although the High Technology Law contains regulations on a venture fund for high technology to support scientists, the fund has not been established as it is not stipulated in the State Budget Law and other relevant laws.

However, the Ministry of Science and Technology has made the first step by support the project for the private venture fund, which has sponsored nine start-up groups of students from universities. Five of the groups have found investors for their business with an investment of 200,000 USD each. This is a bright sign signaling the success of the model, he asserted.