A startup introduces business model to attract investment. (Photo: VNA)
Hanoi (VNA) – Ten excellent startups introduced their businessmodel to call for capital from 100 investors at the Demo Day 2018 organised inHanoi on February 1.
The annual event, jointly held by the Lotte Accelerator and the Vietnam SiliconValley (VSV) Accelerator, drew the attendance of leaders from the Ministry ofScience and Technology and many policy makers.
It offered opportunities for startups to receive investors and experts’response to complete their business models, said Deputy Minister of Science andTechnology Tran Van Tung.
The ten startups include Canets, Fresh Deli, Hue Packaging, True Juice,689Cloud, Turiple by Cores, Roborzoid, Handfree, Winme and Peko Peko. Theydefeat 100 competitors to join the Demo Day 2018. Earlier, they joined the VSVAccelerator’s four-month special training course to fine-tune their businessmodels and identify markets.
“Demo Day 2018” received supports from the project 844 on Supporting NationalInnovative Start-up Eco-system towards 2025. -VNA
The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on October 10 officially rolled out its one million USD startup support project ‘VPBank StartUp’ to aid the development of Vietnam’s start-up community.
Lotte Accelerator Corporation, an accelerator and venture capital firm under Lotte Group from the Republic of Korea, will pour at least 1 million USD into Vietnamese startups in the first five years.
The innovation and start-up festival Techfest wrapped up in Hanoi on November 15 with 29 investments worth more than 4.5 million USD committed for startups and 170 investment and business connections, according to Deputy Minister of Science and Technology Tran Van Tung.
Nguyen Thien Nhan, Secretary of the Ho Chi Minh City Party’s Committee, hopes for further cooperation with the US Massachusetts Institute of Technology (MIT) Sloan School of Management in promoting innovation and start-up spirit in the Vietnamese economic hub.
More than 300 enterprises have been certified as science-technology firms, along with 43 organisations recognised to operate in high technology area, according to the Ministry of Science and Technology.
Ho Chi Minh City’s Science and Technology Department plans to launch a municipal Science and Technology Development Fund while seeking to focus State science and technology organisations on activities relevant to the market and wean them off public funds in 2018.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.