Vietnam’s startup ecosystem recorded a growth rate of 67.9%, significantly outperforming the global average of 17.5%. Regionally, Vietnam now ranks 5th in Southeast Asia and 10th in Asia.
Permanent Deputy Prime Minister Pham Gia Tuc hosted meetings with leaders from two major Chinese corporations, Texhong Group and TCL Group on August 26.
Experts believe that transparency, predictability of the law, and effective dispute resolution mechanisms will be crucial factors in strengthening investor confidence as Vietnam develops its International Financial Center (IFC).
Micro-enterprises saw the highest closure rate at approximately 22.7%, followed by small and medium-sized enterprises (SMEs) at 12.7%, and large enterprises at 4.9%.
The partnership expected to give students and teachers greater access to digital design tools while supporting the long-term development of a highly skilled digital workforce.
This capital support program is not limited to the innovative startup sector, but also to small and medium-sized enterprises (SMEs) and even large-scale corporations looking to borrow capital to expand their production and business operations.
The projects aiming to ease traffic congestion in the center of the central city, improve flood drainage and strengthen connectivity with its southern areas.