Việt Nam plans to raise VNĐ1.7 trillion (US$71.5 million) of investment from the private and foreign sectors to develop the national innovation centre (NIC).
The Government issued a decree on February 1creating more favourable conditions for the development of businesses operating in the field of science and technology.
Deputy Minister of Science and Technology Trần Văn Tùng talks to Tia Sáng (Ray of Light) Magazine about the support the Government has offered Vietnamese start-ups over the past four years.
Vietnamese and foreign start-up businesses have the same challenges and opportunities, as Việt Nam has an open policy for innovative foreign start-ups investing in the country.
Banking on solid economic growth, a young population and strong internet coverage, Việt Nam has been making efforts to become a start-up nation.
When Đặng Hoài Linh registered to take part in a start-up journey across Việt Nam, he never expected to walk away with a prize for his idea.
The story China wants to tell today is a scenario of smart cities with cashless payment, modern offices and high-quality labour forces. And an incubator called Dream Town is Hangzhou’s answer.