return icon

Over 1,000 organizations in Vietnam capable of supporting startups

Vietnam currently has over 1,000 organizations capable of supporting startups, including technology startups, with 202 coworking zones, 79 business incubators and 38 business promotion organizations.


Việt Nam hiện có hơn 1.000 tổ chức đủ năng lực hỗ trợ startup

The Government's strong promotion of the National Digital Transformation Program is a good opportunity for technology startups, especially digital technology, in Vietnam.

The information was revealed by Deputy Minister of Science and Technology Tran Van Tung at a recent seminar named "Cloud Native - An indispensable trend for Startups".

Tung said that in recent years, innovative start-ups in Vietnam have experienced exciting developments. The strong socio-economic development in Vietnam in the context of the fourth industrial revolution has strongly spread the spirit of start-ups and innovation in all fields.

The Vietnamese government has issued many policies to create an ecosystem for innovative startups. The Government's strong promotion of the National Digital Transformation Program is a good opportunity for technology startups, especially digital technology, in Vietnam.

The number of venture capital funds that consider Vietnam as a target market or have operations in Vietnam is currently 210.

“These numbers have continuously increased over the years, demonstrating the active participation of the ecosystem. I think that Vietnam's innovative start-ups will rise to be the leading startup hub of Asia," said Tung.

In the context of the Covid-19 pandemic, digital transformation plays an important role in socio-economic stability and development. “Although this is a difficult time, I believe this is also an opportunity for businesses, especially startups, to invest in technology to transform their businesses and serve and develop the community,” he added.

As an activity within the framework of TECHFEST 2021 and the Vietnam Digital Transformation Forum - Vietnam DX Summit 2021, at the seminar "Cloud Native - The inevitable trend for startups", experts provided useful information about Cloud Native, one of the important platforms contributing to the digital transformation of businesses and organizations.

Experts all agreed that the Cloud has many advantages such as saving on infrastructure costs, enhancing the ability to expand scale quickly, and the ability to access the global market. It is also one of the important platforms to ensure the success of technology startups.

For Cloud Native, this is the process of building services and applications that take advantage of benefits of cloud computing. The Cloud Native market is estimated to be valued at US$1,880 million by 2023 with an annual growth rate of 22.4%.

Experts say that Cloud Native application is no longer a technology concept but will become a trend in Vietnam and around the world to help businesses serve customers better. Cloud Native services are at the core of digital innovation and are key to advanced data analytics, mobile apps and chatbots.

Van Anh



Attractive sites in HCM City vandalised with graffiti

Multiple sites in HCM City, including bus stops, metro trains and the newly opened Thu Thiem 2 Bridge, have been vandalised with graffiti.

FDI poured into real estate sector doubles

Real estate sector attracted 3.5 billion USD in foreign direct investment (FDI) the first nine months of this year, accounting for mearly 19% of total FDI that the country lured in the period, coming second among sectors in terms of FDI attraction.

Gia Lai province has new Chairman

The Government has confirmed Mr. Truong Hai Long as new Chairman of the Gia Lai provincial People's Committee.

Investors dump shares in panic, VN-Index drops nearly 46 points

The VN-Index officially lost the 1,110-point mark, retreating to the bottom made in February 2021 in the first trading session of October on October 3.

First Vietnam monkeypox case returns from Dubai

The Ministry of Health confirmed on October 3 that a woman returning from Dubai has infected with the monkeypox virus, the first case recorded in Vietnam so far.

Coca-Cola injects US$136 million into Long An plant

Coca-Cola Beverages Vietnam Co., Ltd is poised to start development on a beverage factory with total investment capital exceeding US$136 million in Phu An Thanh Industrial Park of Ben Luc district in the southern province of Long An.

List of 48 websites showing signs of law violation announced

The Ministry of Information and Communications (MIC)’ Authority of Broadcasting and Electronic Information has announced a list of 48 websites showing signs of law violations as of the end of the third quarter.

Secretary of Hai Duong Provincial Party Committee expelled from Party

The Party Central Committee decided to expel Secretary of the Hai Duong Provincial Party Committee and Chairman of the provincial People’s Council Pham Xuan Thang from the Party during the first working day of its sixth plenum in Hanoi on October 3.


Hanoi seeks UNESCO's recognition for Mo Muong

Seven must-visit destinations in Vietnam for coffee connoisseur

From the 19th century until now, coffee has taken a journey to become an irreplaceable part of Vietnamese culture and life.

Petrol prices fall to over a year record low of VND21,000/litre

Petrol prices tumbled to the lowest level in more than a year in the latest adjustments made on October 3 by the Ministries of Industry and Trade and the Ministry of Finance.

Foreign ODA and concessional loans reach 15.5% of target

Disbursement of foreign official development assistance (ODA) and concessional loans has been slow, achieving only 15.48% of the target, the Ministry of Finance reported.

More foreign visitors to HCMC signals thriving tourist season

Roughly 100 French, American, German tourists traveled to Ho Chi Minh City on French Le Laperouse yacht of Ponant after the last visit in mid-November 2019 signaling a thriving tourist season.

First monkeypox infection detected in HCM City

The Ho Chi Minh City Department of Health has just announced the first reported case of monkeypox in Vietnam.


2.97 billion USD in FDI poured into HCM City in 9 months