Sixth Vietnam Startup Wheel launched for entrepreneurs at all ages
The sixth Vietnam Startup Wheel in 2018 was launched on May 15 nationwide for all individuals, groups and startup business founders residing in Vietnam regardless of their age.
Startups CEO winners of 2016 and 2017 (Source: //enternews.vn)
HCM City (VNA) – The sixth Vietnam Startup Wheel in 2018 waslaunched on May 15 nationwide for all individuals, groups and startup businessfounders residing in Vietnam regardless of their age.
According to the organising board, contestants can submit their startupideas, products, services or technologies to the contest from now to the end ofMay. The final and awards ceremony will be held in August this year.
Truong Ly Hoang Phi, Director of the Ho Chi Minh City Business StartupSupport Centre said that with the expansion of participants to all ages and allthose residing in Vietnam instead of from 18-35 years old and Vietnamesecitizens as previous, the contest aims to create an international environmentfor studying with the involvement of startups from all countries, thus helpingdomestic startups challenge themselves with competition from domestic andforeign rivals.
Phi said that in the past, the annual contest has been the largestplayground for Vietnam’s startup community, while helping them conquer importanttargets in their development strategy, introduce their products to investorsand commercialise their products.
The contest aims to connect the startup ecosystem in the country, nurturestartups and encourage the support of partners for young enterprises.
Meanwhile, Ngo Minh Hai, Deputy Secretary of the Ho Chi Minh CommunistYouth Union’s municipal chapter and Vice President of the Vietnam YouthFederation of Ho Chi Minh City said one of the objectives of the contest isspreading the startup movement among youngsters.
Founded by Ho Chi Minh City Business Startup Support Centre and YoungBusinesspeople Association under the Vietnam Youth Federation of Ho Chi MinhCity, Startup Wheel was first launched in 2013 and has become one of the biggestevents for the startup community.
Last year, the contest drew more than 30,000 participants with 767 ideasand projects.-VNA
Prime Minister Nguyen Xuan Phuc has called on the International Finance Corporation (IFC) to support Vietnam in implementing the national startup programme, especially in projects owned by young people.
Young Vietnamese entrepreneurs must pay attention to six crucial steps in order to successfully establish a startup business, said CEO of Startup Vietnam Foundation (SVF) Pham Duy Hieu at a recent forum held in Hai Phong.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
Startups CEO winners of 2016 and 2017 (Source: //enternews.vn) 
