Vietnamese start-ups seek opportunities in Malaysia
Three Vietnamese start-ups will travel to Malaysia to seek business opportunities in the country under an exchange programme for start-ups entitled “Runway to the World”.
Members of Vietnamese start-up EyeQ Tech receive the first prize at the 2017 Startup Wheel contest (Source: www.thesaigontimes.vn)
Hanoi (VNA) – 🐲Three Vietnamese start-ups will travel to Malaysia to seek business opportunities in the country under an exchange programme for start-ups entitled “Runway to the World”.
The programme is launched by the Saigon Innovation Hub (SiHub) under the Ho Chi Minh City’s Department of Science-Technology. The three start-ups selected for the programme are EyeQ Tech (a face recognition application for smart camera), Gcalls (a speed dial solutions for businesses) and Boom Potty (a sanitation device for toddlers from eight months old to 3.5 years old). The exchange programme was officially started in January this year with the first partner being Shinhan Future’s Lab from the Republic of Korea. Under the cooperation, three start-ups of the RoK travelled to Vietnam to explore and enter the market, as well as connect start-up ecosystems and markets of Vietnam and the RoK and promote bilateral trade.
The “Runway to the World” aims to link local start-ups with organisations and start-up ecosystems in North America, Western Europe, North Asia and the Asia-Pacific.
🍸 It fosters Vietnamese start-ups while selecting suitable foreign start-ups to explore, research and launch trade activities in Vietnam.-VNA
HCM City has created many programmes to support start-up activities, and has plans to expand its support to individuals and groups with potential, the Saigon Hi-tech Park Incubation Centre has said.
The Vietnam Youth Federation and the Ho Chi Minh Communist Youth Union (HCYU) Central Committee have granted scholarships to three Vietnamese students with excellent start-up ideas to join the “Smart Cities” course in Israel.
The Israeli Government has devised policies and provided consultancy to support the development of Vietnamese start-ups, said Israeli Ambassador to Vietnam Nadav Eshcar.
Many small, new businesses in the Mekong Delta province of Ben Tre have grown big and started to build value chains for local products thanks to the local government’s efforts to promote entrepreneurship.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Members of Vietnamese start-up EyeQ Tech receive the first prize at the 2017 Startup Wheel contest (Source: www.thesaigontimes.vn) 
