South Korea’s second largest conglomerate SK Group has announced the fourth edition of its SK Startup Fellowship programme with US$265,000 in grants for 10 outstanding Vietnamese start-ups.
The Alibaba Entrepreneurs Fund, the Investment and Business Partners (IBP) and the Business Startup Support Centre (BSSC) have signed an MoU that promise to provide Vietnamese businesses and startups an opportunity to access investment funds from Alibaba Group as well...
The implementation of the programme is aimed at promoting the start-up ecosystem and conditions for Vietnamese start-ups to get access to the global market.
The Australian Government has committed A$4.9 million (US$3.53 million) of investment in Viet Nam''s venture fund Ascend Vietnam Ventures (AVV) to assist local startups, according to the Australian Embassy in Viet Nam.
VinaCapital Ventures, the technology investment platform of fund management company VinaCapital Group, announced it has invested in Hub Global JSC, a blockchain eco-platform that supports the development of promising Vietnamese start-ups creating blockchain solutions in various sectors.
More than 200 local and interntaional experts, investors, supporting agencies and leading organisations in the startup ecosystem took part in a discussion on sources of support for Vietnamese startups at an international seminar held on Friday in HCM City.
The developer of Bizzi, a software as a service (SaaS) that simplifies invoice processing, has successfully raised US$3 million during a pre-Series A round.
Foreign investment into Vietnamese startups is predicted to increase although the COVID-19 pandemic has left negative impacts on the economy, according to experts.
The investment capital into Vietnamese start-ups this year would see a breakthrough despite a year-on-year decrease of 48 per cent in 2020 to reach US$451 million.
The top 60 Vietnamese start-ups chosen from thousands of contestants competed at the semi-final round of the 2020 Viet Nam Start-up Wheel contest in HCM City on November 13.
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.
Innovative Vietnamese start-ups taking part in Techfest 2019 will have opportunities to connect with potential regional and global investors through a series of exciting events.
In the absence of suitable legal framework, Vietnamese start-ups are struggling to secure much-needed capital as investment funds have difficulties navigating the country’s numerous regulatory barriers, said fund managers and policy researchers.