By the end of 2024, Vietnam’s startup ecosystem had grown to over 4,000 startups, including two unicorns and eleven endeavors valued at over $100 million.
Aus4Innovation is a ten-year (2018-2028) AUD33.5 million flagship program aimed at strengthening Vietnam’s innovation system to support inclusive and sustainable socio-economic development.
At the 11th Cambodia - Laos - Myanmar - Vietnam (CLMV) Summit on November 7, Prime Minister Pham Minh Chinh proposed some suggestions aimed at fostering a dynamic region of sustainable development.
At the 8th GMS Cooperation Summit opened in Kunming (China) on November 7, PM Pham Minh Chinh highlighted the corridor which would connect different stakeholders and sectors, with a focus on assisting the member countries to fix deficiencies in regulatory framework and technological/innovation capabilities.
The business community has witnessed positive policy shifts from regulatory bodies, with the government actively addressing outdated regulations and streamlining administrative procedures.