The National Startup Festival 2022 took place in Hanoi on January 19, gathering policymakers; startup accelerators, mentors and advisers; investors, business leaders and representatives of international organisations.
The National Startup Festival 2022 honours outstanding projects last year. (Photo: VNA)
Hanoi (VNA) – The National Startup Festival 2022 took place in Hanoi onJanuary 19, gathering policymakers; startup accelerators, mentors and advisers;investors; business leaders and representatives of international organisations.
The 19th edition of the annual event was hosted by the Business Forum Magazine under theVietnam Chamber of Commerce and Industry (VCCI).
In hisopening remarks, VCCI President Pham Tan Cong said Vietnam, like many countriesaround the world, was facing various challenges caused by the uncertainties ofthe COVID-19 last year. Vietnam has suffered a tough blow from the pandemic as forthe first time in the history, the economy declined 6 percent in the thirdquarter of 2021, he said.
The resilienceof enterprises and rise of entrepreneurial spirit in Vietnam remained bright spotof the economy despite all the difficulties, he noted, adding that last year, about116,800 businesses were newly founded, 43,100 resumed operation, reflectingstrong efforts of the Vietnamese business community to restructure and adapt tothe COVID-19 and startup spirit of Vietnamese people.
In 2021,Vietnam ranked 44th out of 132 countries and economies in the GlobalInnovation Index (GII) and 59th out of 100 countries in startupecosystem. The country also came third in the list of the most active startupecosystem in Southeast Asia after Indonesia and Singapore./.
A seminar on introducing products of innovative start-ups to supermarkets and distribution channels took place in Hanoi on November 18. It was a bid to create a spillover effect contributing to further improving the efficiency of local production and business.
Karamba Security, an Israel-based security startup, has announced that it received additional 10 million USD in the series B round led by Vietnamese auto maker VinFast, a member of Vietnam’s VinGroup conglomerate.
Ten outstanding collectives and individuals were honoured as winners of the 2021 Ho Chi Minh City Innovation and Startup Awards (I-Star 2021) on December 14.
Otrafy, a startup that provides quality management and supply-chain software to the food industry, will represent Vietnam at the Startup World Cup next year after championing the National Innovative Technopreneur Contest on December 15.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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.
The National Startup Festival 2022 honours outstanding projects last year. (Photo: VNA)
