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

 
 

Other News

.
Vietnam accounts for nearly half of brute-force attacks versus RDP
Vietnam accounts for nearly half of brute-force attacks versus RDP
SCI-TECH & ENVIRONMENTicon  08/12/2021 

Kaspersky detected more than 47 million remote desktop protocol (RDP) threats in Vietnam in the first half of 2021, accounting for nearly half of all cases in Southeast Asia.

CNN broadcast highlights sneakers made from coffee grounds
CNN broadcast highlights sneakers made from coffee grounds
SCI-TECH & ENVIRONMENTicon  08/12/2021 

Vietnamese sneakers made from discarded coffee grounds and plastic bottles have been introduced by CNN in their “Innovate” programme.

Strategy on developing digital economy & digital society submitted to gov’t
Strategy on developing digital economy & digital society submitted to gov’t
SCI-TECH & ENVIRONMENTicon  06/12/2021 

The Ministry of Information and Communications has submitted to the Government a draft Strategy for developing Vietnam’s digital economy and digital society, which may be approved this December. 

Student start-up uses UVC light to kill viruses
Student start-up uses UVC light to kill viruses
SCI-TECH & ENVIRONMENTicon  06/12/2021 

A group of students from Ly Tu Trong College (HCM City) came up with an idea to integrate UVC light in refrigeration units to eliminate viruses and bacteria, including SARS-CoV-2. 

Mondelez Kinh Do achieves 95% progress on sustainable packaging goals
Mondelez Kinh Do achieves 95% progress on sustainable packaging goals
SCI-TECH & ENVIRONMENTicon  06/12/2021 

Mondelez Kinh Do continues to make progress towards its ambitious commitments to reducing the environmental impact of packaging and tackling plastic waste.

HCMC records lowest temperature since beginning of 2021
HCMC records lowest temperature since beginning of 2021
SCI-TECH & ENVIRONMENTicon  05/12/2021 

Deputy Head of the Forecasting Division of the Hydro-meteorological Station in the Southern Region Le Dinh Quyet informed that HCMC recorded the lowest temperature of 22oC in the early morning of December 4 since the beginning of the year.

The business story of famous Vietnamese streamers
The business story of famous Vietnamese streamers
FEATUREicon  05/12/2021 

It is difficult to find success when doing business, and even streamers with good financial backgrounds are no exception.

Wildlife conservation: Risks and efforts
Wildlife conservation: Risks and efforts
SCI-TECH & ENVIRONMENTicon  04/12/2021 

According to the Wildlife Conservation Society (WCS), in the period from 2013-2017, Vietnam recorded 1,504 wildlife rule violations involving 1,461 suspects.

Major amazing astronomical phenomena to be observed this December
Major amazing astronomical phenomena to be observed this December
SCI-TECH & ENVIRONMENTicon  03/12/2021 

Astronomy lovers will have the unique chance to enjoy major amazing phenomena in December this year, according reports by the Hanoi Amateur Astronomy Society (HAS).

Vietnam must stay on the digital transformation path: Prime Minister
Vietnam must stay on the digital transformation path: Prime Minister
FEATUREicon  04/12/2021 

Prime Minister Pham Minh Chinh chaired the first meeting of the committee via a videoconference on November 30, 2021.

Scuba diver spent nearly two decades cleaning up the ocean
Scuba diver spent nearly two decades cleaning up the ocean
SCI-TECH & ENVIRONMENTicon  04/12/2021 

Scuba diver Nguyen Van Duc is dedicated to cleaning the ocean and he hopes his work will inspire others to do the same.

Marine plastic waste an urgent issue in coastal Vietnam
Marine plastic waste an urgent issue in coastal Vietnam
SCI-TECH & ENVIRONMENTicon  03/12/2021 

Vietnam needs to carry out practical measures to manage and reduce marine plastic waste to ensure sustainable development of the fishery industry, according to experts at a workshop held in Hanoi on Wednesday.

Female valedictorian discovers security vulnerabilities of US tech giant Oracle
Female valedictorian discovers security vulnerabilities of US tech giant Oracle
SCI-TECH & ENVIRONMENTicon  03/12/2021 

Before becoming valedictorian at the Academy of Cryptography Techniques, Le My Quynh had been been honored by a US tech group for her discovery of important security flaws.

A month after launch, Vietnam has yet to receive signal from NanoDragon satellite
A month after launch, Vietnam has yet to receive signal from NanoDragon satellite
SCI-TECH & ENVIRONMENTicon  02/12/2021 

Twenty-two days after its launch into orbit, the developer of the NanoDragon satellite has not received a signal.

Netflix denies purchase of phimmoi domain name
Netflix denies purchase of phimmoi domain name
SCI-TECH & ENVIRONMENTicon  03/12/2021 

Vietnamese users were surprised when they were redirected to Netflix.com when they tried to access phimmoi.net, a website that provides pirated movies.

Code of conduct on child protection in cyberspace to be issued
Code of conduct on child protection in cyberspace to be issued
SCI-TECH & ENVIRONMENTicon  02/12/2021 

The Code of Conduct on Protection of Children on Cyberspace is scheduled for issuance in the fourth quarter of 2021.

PM2.5 pollution still problematic across Vietnam
PM2.5 pollution still problematic across Vietnam
SCI-TECH & ENVIRONMENTicon  02/12/2021 

Though the average PM2.5 concentration improved slightly in 2020, all provinces and cities in Vietnam still had much higher levels than the WHO’s recommendation, according to data revealed at a workshop held virtually on Tuesday.

South Korean ICT firms to contribute to ‘Make in Vietnam’ strategy
South Korean ICT firms to contribute to ‘Make in Vietnam’ strategy
SCI-TECH & ENVIRONMENTicon  02/12/2021 

South Korean ICT firms have been encouraged to invest in Da Nang as Vietnam is prioritizing investment in hi-tech and innovation projects with a focus on R&D.

State Bank grants Mobile Money license to Viettel
State Bank grants Mobile Money license to Viettel
BUSINESSicon  01/12/2021 

The central bank received three applications for Mobile Money service and has licenced all of them - VNPT, MobiFone and Viettel.

Two of three international submarine fiber optic cables repaired
Two of three international submarine fiber optic cables repaired
SCI-TECH & ENVIRONMENTicon  30/11/2021 

Problems affecting the APG and AAE-1 submarine fiber optic cables, which have slowed Internet speed in Vietnam for months, have been fixed.

 
 
 
Leave your comment on an article

OR QUICK LOGIN