Vietnamese, RoK start-ups angle for capital
Ten start-ups of Vietnam and the Republic of Korea (RoK) introduced their high-tech solutions to domestic and foreign investors at the Global Demo Day held by the Vietnam Silicon Valley Accelerator (VSVA) and the K-ICT Born2Global Centre in Hanoi on March 22.
At the Global Demo Day in Hanoi on March 22. (Photo: VOV)Hanoi (VNA) – Ten start-ups of Vietnam and the Republic of Korea (RoK) introduced their high-tech solutions to domestic and foreign investors at the Global Demo Day held by the Vietnam Silicon Valley Accelerator (VSVA) and the K-ICT Born2Global Centre in Hanoi on March 22.
The start-ups have a chance to call for an investment of 20,000 USD from the VSVA and millions of USD from foreign accelerators.
Vietnamese firms showcased solutions for payment services on smartphones, online management for enterprises and automated hydroponic farming to improve productivity.
Meanwhile, the RoK side focused on presenting smart warehouse technology for small and medium enterprises, driving risk assessment devices and money transfer technology.
According to VSVA Director Han Ngoc Tuan Linh, the event aimed to promote cooperation among start-ups from Vietnam and the East Asian country.
As capital provided by Vietnamese investors is limited, the Vietnamese start-ups should work to attract investors from Singapore, the RoK and Malaysia, among others, he added.-VNA
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