Construction on HCM City innovative start-up centre begins
The Ho Chi Minh City Innovative Start-up Centre commenced its construction on October 1, which is expected to be a hub for start-ups amid the fourth Industrial Revolution.
Ho Chi Minh City (VNA) - The Ho Chi Minh City Innovative Start-up Centre commenced its construction on October 1, which is expected to be a hub for start-ups amid the fourth Industrial Revolution.
Located at No.123 Truong Dinh, Ward 7, District 3, the centre will have nine floors and three basements covering a total area of nearly 17,000 sq.m. Its total investment is over 300 billion VND (13 million USD).
Once operational in the second quarter of 2022, the centre will have functional areas for start-up events, exhibitions, seminars, a working space for start-ups and an open space for exchanges.
Over the past years, the city has issued a number of policies to complete its start-up ecosystem.
It is now home to over 438,000 newly-established enterprises, accounting for 32 percent of the country’s total, contributing to 54 percent of the economy and 67 percent of the total social investment.
The centre is expected to realise the project on supporting national start-up ecosystem till 2025 in line with the Prime Minister’s Decision No.884 dated May 19, 2016.
Chairman of the municipal People’s Committee Nguyen Thanh Phong asked the municipal Department of Science and Technoloꦦgy to promptly arrange the 🍌centre’s apparatus so that it could operate immediately following construction./.
The national fund for employment’s loan assistance of 2 billion VND (86,784 USD) will be distributed among winners of an ongoing startup contest for rural youths this year, according to organisers.
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Dr Pham Minh Hung from the University of Economics and Business under Vietnam National University, Hanoi, said the fixed-term contract mechanism is a correct step, liberating the entire system from traditional constraints which have long stood in the way of innovation.
The partnership will focus on studying and recommending LRT routes that connect the city’s transport network with urban development zones, industrial parks, and TOD areas. The research will cover Thu Dau Mot city and surrounding areas, with completion scheduled before August 15, 2025.
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In Vietnam, the voluntary blood donation movement was first launched on January 24, 1994. In 2008, the Prime Minister established the National Steering Committee for Voluntary Blood Donation.
Currently, 20 Vietnamese citizens remain in Iran, including embassy staff and personnel. All are safe, mentally stable, and in regular contact with the embassy.
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GVB Startup 2025 attracted the participation of nearly 150 individuals and organisations from across Vietnam. The event seeks to promote bold and ambitious startup ideas and projects, contributing to the future of global innovation, and supporting startups through the provision of resources, networking opportunities, and market insights.
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A veteran journalist of Argentina has praised the modern evolution of Vietnam’s press, which now serves a dual purpose: introducing Vietnam to the world while bringing global perspectives to domestic audiences.
The court announced that Quyet had submitted a written request to be tried in absentia, citing serious health issues. According to an official statement from Hospital 19/8, the defendant is suffering from multiple illnesses, experiencing fatigue and shortness of breath, with doctors warning of a “very high risk of death.”
A senior Party official highlighted the VNA’s consistent role over the past eight decades, noting that it remains a mainstream, uninterrupted, timely, accurate, and authoritative source of news that helps shape public opinion, strengthen public trust, and safeguard the ideological foundation of the Party.