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Prime Minister Pham Minh Chinh applauded Intel’s decision to expand its investment in Vietnam while receiving its CEO Patrick Gelsinger in Hanoi on May 27.

A memorandum of understanding (MoU) on innovation cooperation has been signed, under which Japan will help Vietnam develop startups and innovative companies within the 8th phase of the Vietnam - Japan Joint Initiative.

Fintech and e-commerce accounted for 70 percent of total venture capital in the country last year, and this trend is predicted to continue in 2022, Dau tu (Vietnam Investment Review) reported.

A Vietnam-UK startup cooperation seminar, the last event of the Vietnam Days in the UK 2022, took place at the AstraZeneca global research and development center in Cambridge on April 5.

The Vietnamese startup community has made breakthroughs despite difficulties brought by the COVID-19 pandemic as a record high of more than 1.3 billion USD in venture capital was pumped into startups last year.

Ten startups in promising new technology areas will receive financial benefits of 10,000 USD each from Qualcomm, and be invited for months of technical and business incubation, the semiconductor producer announced on March 16.

With a total committed investment f up to 60 million USD, ThinkZone Fund II is the largest venture capital fund in tech startups founded by Vietnamese entrepreneurs and notable conglomerate owners.

A record of over 1.3 billion USD was poured into Vietnamese startups in 2021 despite the complicated developments of the COVID-19 pandemic, helping the country rank third in the group of the most dynamic innovative startup ecosystems in Southeast Asia, only after Indonesia and Singapore, statistics show.

The Australian Government has committed 4.9 million AUD (3.53 million USD) of investment in Vietnam's venture fund Ascend Vietnam Ventures (AVV) to assist local startups, according to the Australian Embassy in Vietnam.

A record high of 1.35 billion USD was poured into Vietnamese startups last year, making the country among the most attractive destinations for startups in the region.

Domestic corporations are urged to invest more in Vietnamese startups which has mostly drawn attention from foreign venture capital investors, heard at a talk on investment prospects in the innovative startup market in Ho Chi Minh City.

Funding for financial technology (fintech) startups in ASEAN more than tripled to hit a record of 3.5 billion USD in the first nine months of 2021, according to a report.

Deputy Prime Minister Pham Binh Minh on October 15 required ministries, agencies and localities to better implement policies promoting the development of women in general and female entrepreneurs in particular.

Indonesian start-ups and venture capital funds are pouring more capital into Vietnam, especially in digital technology, due to the similarity in business environment between the two countries, the Dau tu (Investment) newspaper reported.

The ADB Ventures - Supporting Impact Startups, a joint project between Vietnam National Innovation Centre (NIC) and the Asian Development Bank (ADB), has been launched, offering 1 million USD for Vietnam between 2021 and 2023.

Four Vietnamese startups in the fields of electric vehicles, energy efficiency, smart agriculture and circular economy will introduce their innovative solutions at the AsiaBerlin Submit 2021. ​

The administration of Hanoi has issued a number of breakthrough mechanisms and policies to support the development of startups.

COO Builder, which supports startups of the Republic of Korea (RoK) to operate in Vietnam, has opened a startup centre in Ho Chi Minh City, reported the RoK’s Aju business daily.

While many businesses have been forced to shut down due to COVID-19, Edtech firms have been emerging and attracting investors’ attention as many people tend to switch to online learning.

For many startups, the COVID-19 pandemic has been a nightmare. However, the pandemic has also opened up a number of new opportunities for those prepared to innovate.