Việt Nam has attracted US$529 million in venture capital from investors into the country''s young start-up ecosystem in 2024, despite challenges in the market.
Supportive policies under the National Assembly’s Resolution 98 that took effect in August last year, if implemented well, will promote the start-up ecosystem in HCM City to develop even more strongly, experts said.
MoIT Deputy Minister Hải was speaking at the Vietnam E-commerce Development conference, entitled Sustainable E-commerce Development, organised by the MoIT’s Department of E-commerce and Digital Economy on December 1.
Investors are under more pressure than ever to develop portfolios that are fit to tackle market volatility and embody their ethical values while meeting Viet Nam’s net zero commitment, speakers said at a conference on Wednesday.
The local banking sector will have more opportunities to improve its financial capacity as well as learn modern business models and management from UK partners thanks to UKVFTA.
In order to make 5G technology a part of digital transformation efforts and Industry 4.0 in Viet Nam, it is necessary not only to build telecoms network infrastructure but also develop a 5G mobile ecosystem.
The HCM City Department of Science and Technology is looking to attract more resources, especially from the business community, to foster innovation and develop its start-up ecosystem.