Startup Space for young people inaugurated in HCM City
Startup Space - The Youth Five (Y5 office) - for young people has been inaugurated in District 1, Ho Chi Minh City, by the municipal Ho Chi Minh Communist Youth Union.
HCM City (VNA) - Startup Space - The Youth Five (Y5 office) - for youngpeople has been inaugurated in District 1, Ho Chi Minh City, by the municipal HoChi Minh Communist Youth Union.
Addressing the inaugural ceremony on July 24 held, Truong Ly Hoang Phi, CEO ofthe Ho Chi Minh City’s Business Startup Support Centre (BSSC), said at the Y5office, which plays its role as an information provider, startup enterprises haveopportunities to access support sources in the startup ecosystem as well aschances to join startup activities in the community and meet experts, thusincreasing development opportunities for business and startup activities ofyoung businesses.
Covering an area of nearly 500 sq.m., the Y5 office is home to startupenterprises and groups with the aim at connecting, sharing and developingstartup ideas.
The Y5 office has about 15 working and meeting rooms and public space usingenergy and water saving technologies, thus helping saving operation costs forstartup enterprises.
In addition, the Y5 office is to link betweeninvestors, enterprise and the city’s startup community, providing startupinformation, trends for young people.-VNA
French startup firms are eyeing the Vietnamese market, especially the southern economic hub of Ho Chi Minh City thanks to open and dynamic business environment.
The forum “Connecting Vietnamese startups at home and abroad” was kicked off in Ho Chi Minh City on June 26, bringing together about 400 startup experts, local and foreign investors, innovation and startup support providers and students.
Around 150 delegates from State agencies, research institutes, and organisations supporting startups gathered at a conference in the Mekong Delta city of Can Tho on July 20 to share their experiences in boosting the success of startups.
eLinkKVM USB device , which enables users to connect with and receive support from global IT experts, made its debut at the Saigon Hi-tech Park Incubation Centre in Ho Chi Minh City on July 25.
Three Vietnamese engineers have won Gold Award at The Global AI Challenge for Building E&M Facilities 2025, held in the Hong Kong Special Administrative Region (China).
With the government's strong direction and active participation from businesses and citizens, national digital transformation is deepening, with a focus on building a digital government, economy, and society.
VietNEST (Vietnamese Nurturing Education for Science & Traditions) is a mobile app and digital platform for Vietnamese language learning among overseas children.
The networks bring together universities, research institutes and domestic and foreign businesses. Members will work closely in training, research, and technology transfer by sharing curricula, improving faculty capacity, providing access to laboratories and research facilities, and jointly implementing science and technology projects.
The Better Choice Awards (BCA) 2025 is a key highlight in the lead-up to Vietnam Innovation Day that falls on October 1, an annual event expected to attract hundreds of innovative enterprises, research institutions, investment funds, and startups from both Vietnam and abroad.
The new line serves as a critical backup route, strategically complementing existing submarine cables and enhancing the resilience, proactivity, and security of Vietnam’s telecommunications infrastructure.
Vietnam is actively yet cautiously preparing for the construction of its first nuclear power plant in Ninh Thuan (now the south-central coastal province of Khanh Hoa). The resumption of the programme after years of suspension carries considerable significance for the nation’s development in a new era as it strives to gradually reduce and ultimately phase out coal-fired power to realise the Government’s commitment to Net Zero by 2050.
The government leader reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
With the launching of its two-tier local administration model, the city is incorporating technologies such as artificial intelligence (AI) and blockchain to enhance service delivery for citizens and businesses, aligning with the Politburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation.
Vietnam has issued many key policies to support semiconductor development, notably the Politburo’s Resolution 57 on science, technology, innovation, and digital transformation. Other initiatives include the Semiconductor Industry Development Strategy to 2030, with a vision to 2050, and the Human Resources Development Programme for the Semiconductor Industry.
Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.
Taking place on August 1–2, the event features more than 20,000 attendees and over 200 speakers from Vietnam, the h Korea, Singapore, the UAE, Hong Kong (China) and the US.
Dung directed the Ministry of Science and Technology to revise the national startup scheme, ensuring it clearly defines the scope and content, grounded on strong political and legal foundations, international best practices, and well-reasoned arguments for submission to the Government.
The two-day academic forum, themed “Resilience, Sustainability & Digital Transformation in a Changing World: Perspectives from Southeast Asia”, aims to share interdisciplinary research insights, focusing on adaptive capacity, sustainable development, and digital transformation amid evolving global and regional landscapes.
With such a rapid economic growth, Vietnam must diversify energy sources and nuclear power is a rational choice to ensure the national energy security, said Associate Professor Kei Koga from the Nanyang Technological University (Singapore).
Deputy Prime Minister Nguyen Chi Dung emphasised that Vietnam has a clear strategy and ambition in this field, and is rapidly emerging as a central hub and key link in the regional and global semiconductor value chains.
According to Cushman & Wakefield’s latest Asia-Pacific Data Centre Investment Landscape report, Vietnam now ranks second in the region for data centre investment returns, with a yield on cost (YoC) of 17.5–18.8%, just behind Singapore’s 21–23%.
Vietnam is taking drastic yet cautious steps in building a culture of nuclear safety and security, with the aim of having its first nuclear power plant operational by the end of 2030 and using this specific energy source effectively and sustainably.
Vietnam’s 5G strategy has been clearly outlined in national digital technology and infrastructure policies. A wide range of solutions is being vigorously implemented to achieve the target of an average internet speed of 100 Mbps by 2025 and full nationwide 5G coverage by 2030.
Illustrative image (Source: SGGP) 
