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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.
Vietnamese, RoK start-ups angle for capital ảnh 1At 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 atthe Global Demo Day held by the Vietnam Silicon Valley Accelerator (VSVA) andthe 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 theVSVA and millions of USD from foreign accelerators.

Vietnamese firms showcased solutions for payment services on smartphones, onlinemanagement for enterprises and automated hydroponic farming to improveproductivity.

Meanwhile, the RoK side focused on presenting smart warehouse technology forsmall and medium enterprises, driving risk assessment devices and moneytransfer technology.

According to VSVA Director Han Ngoc Tuan Linh, the event aimed to promotecooperation among start-ups from Vietnam and the East Asian country.

As capital provided by Vietnamese investors is limited, the Vietnamese start-upsshould work to attract investors from Singapore, the RoK and Malaysia, amongothers, he added.-VNA
VNA

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