Leaders of the Hanoi HCYU Committee and the Hanoi chapter of the Vietnam Youth Federation launch the Youth Month 2020 on February 29. VietChallenge 2020 was also kicked off at this event (Photo: nhandan.vn)
Hanoi (VNA) – The 6th edition ofVietChallenge, a competition for Vietnamese startups around the world, waslaunched in Hanoi on February 29.
The competition is organised by the Hanoi committee ofthe Ho Chi Minh Communist Youth Union (HCYU), the Hanoi chapter of the Vietnam YouthFederation, the Association of Vietnamese Students and Professionals in the US,and the Office of Project 844 on supporting the national startup and innovationecosystem until 2025.
Secretary of the Hanoi HCYU committee NguyenNgoc Viet said since the first edition in 2015, VietChallenge has attracted 800startup projects from 21 countries. Its total prizes have amounted to 180,000 USD.
At the launching ceremony, the committee also introduced Jóng Ventures, a crowdfunding platform, to startupsand small- and medium-sized enterprises.
Several documents were also signed at the event, includingan MoU on supporting startups of young Hanoians among the municipal HCYU committee, the Office of Project 844, and the National Startup Support Centre, alongwith an investment contract for a crowdfunding platform between Jóng Venturesand HLH Holding Co. Ltd.
Organisers hope that this programme will prove usefulfor assisting young people to develop startups and connect with investors, thuscontributing to the startup and innovation ecosystem in Vietnam./.
Vietnamese startups needs more support institutions and policies to reach their goals, said President of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc on December 2.
Like many other Asian countries, Vietnam is racing its regional counterparts to spur economic innovation with artificial intelligence (AI). Experts say voice recognition technology, AI, blockchain and big data will be major trends in 2020.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
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Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
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This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
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The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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.
Leaders of the Hanoi HCYU Committee and the Hanoi chapter of the Vietnam Youth Federation launch the Youth Month 2020 on February 29. VietChallenge 2020 was also kicked off at this event (Photo: nhandan.vn) 
