‘Runway To The World 2018’ was officially launched in January 2018 with the first cooperation project between SIHUB and its South Korean partner – Shinhan Future’s Lab. Three Vietnamese startup groups consisting of EightCups, Victoria Productions, and Myggum visited South Korea in March 2018 to experience the local market and seek collaboration opportunities. In July 2018, SIHUB held DEMO DAY to introduce products of six Malaysian and Singaporean startups, namely Teleme, TagLa, Build Easy, Telepod, 42 Race, and PostCo. In August 2018, in turn, SIHUB sent 3 Vietnamese startups of EyeQ Tech, Gcalls, and Boom Potty to Malaysia. In the following month, it continued to send 3 other startups, namely Ami, Logivan, and Cyfeer to Singapore. In the beginning of this December, the three Vietnamese startups called Remittance Hub, BePOS, and Up Up App will visit South Korea to study the local market there. It is expected that in 2019, SIHUB will form new alliance with … [Read more...] about Startup exchange opens great cooperation opportunities
Startup
Startup forum held for Vietnamese students in Czech
Illustrative image (Source: Internet) Prague (VNA) - A forum updating information related to startup, innovation, investment and business in Vietnam was held by the Startup Vietnam Foundation (SVF) and the Vietnamese Embassy in the Czech Republic on December 5 in Prague. The event attracted the participation of representative from the Vietnamese community, and nearly 100 Vietnamese young entrepreneurs and students working and studying in the republic. Speaking at the event, Pham Duy Hieu, Vice Chairman of the SVF said this is the first forum held by the foundation in the European country, with the aim of supporting the building of startup ecosystem, creating an opportunity to boost connection in the field. With their knowledge, understanding and open thinking, Vietnamese students in the Czech Republic and other countries can give new and creative ideas, thus building startup projects, Hieu stressed. The orgaisation of startup events like this in different countries will help … [Read more...] about Startup forum held for Vietnamese students in Czech
Vietnam’s business startup index rises 19 places
Vietnam’s business environment has improved over the past five years since the government cut red tape and took steps to raise national competitiveness. However, experts at a recent conference in Hanoi said the business climate had not yet reached its targets. Government Resolution 19 of 2014 aims to tackle difficulties for businesses and create favorable conditions for investors. The aim was to raise the country’s business environment to the same level as Singapore, Malaysia, Thailand and the Philippines. Efforts by Vietnam’s ministries, authorities and localities to simplify business registration have enabled businesses to enter the market in a transparent and legal manner. Business registration formalities have been merged into one procedure, reducing the time required to accomplish startup procedures by five days. The business registration fee has been reduced by 50 percent, while online business registration is free of charge. The value added tax (VAT) procedure … [Read more...] about Vietnam’s business startup index rises 19 places
Singapore venture capital firm eyes Vietnamese startups
Illustrative image (Photo VNA) Hanoi (VNA) – Singapore-based venture capital firm Cocoon Capital has launched a new 20 million USD fund targeting seed-stage startups in emerging economies such as Vietnam, Myanmar, the Philippines and Indonesia. The fund aims to invest in 25-30 trade deals in these Southeast Asian markets, with the biggest amounting to 727,000 USD. By limiting the number of investments each year, the firm can ensure it supports multiple young companies. The fund, which follows the firm’s first 7-million-USD fund launched in 2016, will focus on deep tech, fintech and medtech. Since 1996, Singapore has always been one of the biggest trade partners of Vietnam. At present, it is the second largest trade partner of Vietnam in ASEAN and eighth in the world. Two-way trade hit 8.3 billion USD in 2017, a year-on-year rise of 8.9 percent. Singapore’s direct investment in Vietnam has continuously increased in recent years. It is now the biggest investor of … [Read more...] about Singapore venture capital firm eyes Vietnamese startups
[email protected] Vietnam 1.0 picks startup Logivan for London event
Vietnamese logistic startup Logivan took over 11 other entrepreneurs from across Vietnam to win the audience vote at [email protected] Vietnam 1.0, which for the first time ever took place in Ho Chi Minh City on December 3. Witnessed by the Duke of York, Logivan will represent Vietnam to take part in [email protected] Global 3.0, at St. James’s Palace in London on December 12, 2018. “There are a number of organisations, including starting and scaling businesses, and we are one of those numbers, but we are trying to be different in the sense that we are trying to work with the businesses, grow them, and not seek to only invest in them but to enhance their prospects of growth. I am very impressed by what I have seen today, with the range of different ideas, and I think there is a lot more in Vietnam in the coming time,” Prince Andrew, the Duke of York, told VIR. [email protected] Vietnam 1.0 was presented by The Duke of York The Duke added that the most important thing was … [Read more...] about [email protected] Vietnam 1.0 picks startup Logivan for London event