Start-up event offers cooperation opportunities for HCM City, Finland
The innovative start-up conference and technology expo held in HCM City is expected to create new opportunities for Vietnamese and Finnish businesses, investors and universities in education and training, smart and innovative city and start-up innovation ecosystem building, said an official.
Ho Chi Minh City Innovation Startup and Entrepreneurship Week 2017 (Photo phapluatplus.com)
HCM City (VNA) – The innovative start-up conference and technology expo held in Ho ChiMinh City on October 27-28 is expected to create new opportunities for Vietnamese andFinnish businesses, investors and universities in the fields of education andtraining as well as developing smart and innovative cities and building astart-up innovation ecosystem, said Deputy Minister of Science and TechnologyTran Quoc Khanh.
He said the Governmentof Vietnam has been continuously affirming its strong commitment of boostingstart-up innovation activities, which is considered an important solution toincreasing the quantity and quality of Vietnamese businesses, he said.
Vietnam's southern economichub is expected to take the lead nationwide in investment resources for theestablishment of a start-up innovation ecosystem, he added.
Finnish Ambassador toVietnam Kari Kahiluoto shared that the relations between Vietnam and Finland have seen strongdevelopment over the past few years, not only in trade cooperation but alsoscience and technology, including innovation.
Vice Chairman of themunicipal People’s Committee Le Thanh Liem said HCM Citydefines sustainable economic development model toward intellectual economy andgreen growth based on science-technology, innovation, and start-ups.
The initiative ofhosting the Ho Chi Minh City Innovation Startup and Entrepreneurship Week 2017 from October 23-28 demonstrates itscommitment to facilitating, supporting and accompanying start-up businesseswith a view to turning HCMCity into a start-up andinnovative city in the country and beyond, he said.
He noted that localauthorities have put forth a number of policies and mechanisms to supportstart-up and innovation activities such as launching a programme to supportsmall-and medium-sized enterprises (SMEs) and improving their competitivenessand international integration in 2016-2020, implementing the Government’sResolution supporting businesses through 2020, and planning to improve thestart-up ecosystem in the city.
The city has alsoactively participated in international cooperation programmes such as the FinlandInnovation Partnership Programme (IPP) and the VietnamSillicon Valley,he added.-VNA
The Vietnam Youth Federation in Ho Chi Minh City on May 17 announced the establishment of the HSIF with capital of 30 billion VND (1.34 million USD) in the initial stage.
The start-up culture in Vietnam has taken off since last year, with more young people eager to start businesses as the Government and local organisations have offered more favourable conditions.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.