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In recent years, many IT businesses have chosen Da Nang to start up. This has helped the central city become an attractive destination for domestic and foreign high-tech industry communities.

The Vietnam Startup Day 2019 is underway in Ho Chi Minh City from August 23 – 24, attracting nearly 200 projects and hundreds of domestic and foreign investors from the US, Canada, Australia, the UK, Singapore, the Republic of Korea, Thailand, Malaysia and Nepal.

The Vietnam Startup Day 2019 is scheduled to kick off in Ho Chi Minh City on August 23, gathering startup communities from around the world.

The central province of Thua Thien-Hue will continue accelerating administrative reform to facilitate investment, while strengthening support to investors, especially in human resources training.

Hanoi is taking measures to tackle difficulties facing local firms, especially newly established small- and medium-sized enterprises (SMEs).

“Vietnam is shaping up to be Southeast Asia’s next hottest startup ecosystem” is the title of an article recently posted on the website of TechinAsia – the largest English-language technology media company in Singapore that focuses on Asia.

As Vietnam, one of the hottest startup hubs in the world, is welcoming a huge wave of venture capital, its tech startup firms are expected to quickly reach the unicorn status, which means they are valued 1 billion USD or more, according to insiders.

Vietnam has about 3,000 innovative startup businesses or startups. However, not many startups are successful in calling for investment. It is estimated that less than one-third of enterprises have acc

Many overseas Vietnamese have returned to Vietnam to start their business as they see high potential and good economic growth.

SK Group, the third largest conglomerate in the Republic of Korea, on June 9 announced its plan to fund 30 million USD for Vietnam’s National Innovation Centre (NIC).

The first one commune-one product (OCOP) fair of the Mekong Delta region opened in Ben Tre city in the province of the same name on June 6, with 350 booths set up by 25 cities and provinces.

Recommendations to promote innovation and the startup ecosystem in Vietnam, as well as measures to enhance cooperation between Vietnam and Germany in these fields were highlighted at a workshop held by the Vietnamese Embassy in Germany on May 15.

Vietnamese startups are expected to have more opportunities to receive investment and support from Korean investors, who are coming in droves in Vietnam, experts have said.

Vietnamese start-ups received 889 million USD from domestic and overseas venture capital funds through 92 business deals.

The Saigon Hi-Tech Park’s Incubation Centre (SHTP-IC) and the non-profit organisation New Energy Nexus Southeast Asia on April 10 held a seminar discussing startups in smart energy development in Vietnam.

The central coastal city of Da Nang is making strides towards turning itself into an eco-smart urban area, a hub for startups and innovation, and one of the most liveable cities in Asia by 2045 under its smart city development project announced at a conference on April 10.

Forbes magazine has announced its fourth annual “30 Under 30 Asia 2019” list, featuring 300 entrepreneurs and young leaders who are contributing to their industries and making an impact across the Asia-Pacific region.

The number of newly-established businesses in the first quarter of this year reached 28,451 with the total registered capital of 375.5 trillion VND (16.14 billion USD), up 6.2 percent and 34.8 percent year-on-year, respectively.

The central coastal city of Da Nang is working to turn itself into a food smart city as part of efforts to concretise its target of becoming an eco-smart urban area and a regional hub for startups and innovation until 2030 with a vision to 2045.

Vietnam has about 3,000 innovative startup businesses or startups. However, not many startups are successful in calling for investment.