Start-ups globally have been in a critical condition recently, as COVID-19 has forced many private equity firms to cut their investment. 

Le Toan Thang, deputy director of the National Start-up Support Centre, talks on assisting Vietnamese start-ups in the post-COVID-19 recovery phase.

Investment in Vietnamese start-ups is growing sharply with millions of dollars pledged in 2019 and the first two months of 2020, according to Singaporean venture capital firm Cento Ventures.

Overcoming human resources problems, understanding local cultures and finding reliable partners are needed for Vietnamese start-ups to “go global,” the CEO of Grab Financial Group Vietnam Nguyen Tuan Anh has said.

Việt Nam News talks to representatives of organisations and countries about start-up and innovation collaboration with Vietnam.

Deputy Prime Minister Vu Duc Dam has urged Vietnamese start-ups to come up with initiatives, make new technology-based products and not be afraid of risks.

A series of seminars and business-to-business matching events were held in Seoul and Busan port cities, the Republic of Korea (RoK) during November, within the framework of the Techfest Vietnam 2019.

Nguyen Viet Dung, director of HCM City's Department of Science and Technology, talks about the development of start-ups in the country and HCM City.

In the absence of suitable legal framework, Vietnamese start-ups are struggling to secure much-needed capital while investment funds have difficulties navigating the country’s numerous regulatory barriers, said fund managers and policy researchers.

A new year has come bringing with it, as usual, many new opportunities and challenges. Many entrepreneurs and researchers believe Vietnam will enjoy good growth this year, and they see good prospects for many sectors.