On Thursday, 29th August, the Hanoi Innovation Summit 2019 took place in Hanoi. This is a national and international scale forum, first organized in Hanoi by Schoolab Global Innovation Organization (France), under the auspices of Hanoi People’s Committee, Ministry of Planning and Invest.
Attending the Forum were expected to have over 3,000 delegates, on the side of Hanoi City, there was Hanoi Party Committee Secretary Hoang Trung Hai, Hanoi City People’s Committee Chairman Nguyen Duc Chung; Minister of Planning and Investment Nguyen Chi Dung, Embassies of several countries in Hanoi; more than 100 international and local speakers; domestic and foreign investors, technology corporations, and startups; representatives of a number of institutions, universities and research institutes in Hanoi.
Among many honorable speakers, CEEC Board Member and Eurocham Vice-Chairman, Mr Minh Hai Nguyen, gave a speech during which he highly appreciated the innovative spirit of the Vietnamese Government when taking solid steps, thereby creating confidence for European investors. From that, we can see that the capital market for startup in Vietnam is very potential and can create profits.
However, the startup ecosystem of Vietnam is still new, so many startup projects still lack legal experience to connect to investment funds. Therefore, Vietnam needs new investor networks to support more actively as well as impart experience for startup projects.
The Vietnamese government needs more specific activities when creating a platform for startups to connect directly with investors to make it more convenient. Promote tax incentives for startup investment, Mr. Nguyen Hai Minh made recommendations.
Hanoi Innovation Summit is organized with the hope of promoting and promoting the awareness and spirit of creative start-ups to the community, especially the students, young people and intellectuals in Vietnam and Hanoi City, simultaneously implementing the role of connecting domestic and international resources to promote start-up activities and lead the creative startup ecosystem is “flourishing”.