Log in
Hanoi

Hanoi gives priority to innovative start-ups

Hanoi gathers the best conditions to become the country’s start-up hub.

Hanoi gives priority to promoting entrepreneurship and innovative start-ups, which are among the city’s strategic development goals in the 2018 – 2020 period, according to Nguyen Doan Toan, vice chairman of the Hanoi People’s Committee. 
 
Illustrative photo.
Illustrative photo.
Toan lauded the organization of Hanoi’s Start-up Day 2018, which is expected to support the formation of an innovative start-up ecosystem and facilitate a comprehensive development of start-up community. 

The move would utilize Hanoi’s existing advantage and transform the city into Vietnam’s start-up hub, Toan said at the launch of the event on November 6. 

According to Toan, Hanoi’s start-up community has been growing strongly with over 22,000 enterprises established in the first ten months this year.

As of present, Hanoi has a total of 252,000 operational enterprises. The capital is on track to fulfill the target of having 400,000 enterprises by 2020, Toan added. 

Toan stated that the combination of knowledge, innovation and highly qualified human resources from research institutions and universities is the foundation to promote the development of start-ups. 

Toan expressed his belief that more start-up ideas would become great business successes in the future, thanks to the huge potential of the start-up community and the support from local government and society. 

Tran Ngoc Nam, deputy director of the municipal Department of Planning and Investment, said Hanoi is on the final stage of developing a support project for innovative start-ups in the city. 

The project is scheduled to be approved by the Hanoi People’s Council in early 2019, providing numerous solutions to facilitate the development of innovative start-ups in Hanoi, Nam added. 
Reactions:
Share:
Trending
Most Viewed
Hanoi gears up for a vibrant 2026 Countdown

Hanoi gears up for a vibrant 2026 Countdown

With the energy of thousands gathering in Hanoi downtown, the Countdown 2026 promises to be an unforgettable way for people to welcome the New Year.

Hanoi launches AI-powered traffic control center for traffic violations

Hanoi launches AI-powered traffic control center for traffic violations

The system automatically detects common violations, significantly reducing the need for traffic police to be deployed directly on the streets while improving accuracy and transparency in traffic management.

Hanoi plans 10,000-hectare urban megacity with world-class stadium

Hanoi plans 10,000-hectare urban megacity with world-class stadium

The stadium’s design draws inspiration from Dong Son bronze drums and the Lac bird motif, symbolizing Vietnam’s aspiration to rise.

Hanoi greenlights Olympic sports city and Red River boulevard to drive next growth phase

Hanoi greenlights Olympic sports city and Red River boulevard to drive next growth phase

The approval of two landmark projects underscores Hanoi’s push to unlock new growth engines, reshape its urban structure and accelerate its ambition to become a green, smart and globally connected capital.

Hanoi targets 1,200 supporting industry firms by 2030

Hanoi targets 1,200 supporting industry firms by 2030

The city aims to enhance the competitiveness of the capital’s industrial sector by tightening cooperation with Vietnamese enterprises and multinational corporations operating in Vietnam.

Red River Boulevards shape Hanoi’s new growth axis

Red River Boulevards shape Hanoi’s new growth axis

The creation of a landscape boulevard can help Hanoi reconnect with its historic identity shaped by water and restore the river-based character that defined the city for centuries.

Hanoi moves to strengthen urban order and civility

Hanoi moves to strengthen urban order and civility

These include expanding public communication efforts, reorganizing and upgrading streets and sidewalks, maintaining a clean and orderly urban environment and carrying out strict inspections to address violations.

Hanoi honors 87 entities and buildings for using green energy

Hanoi honors 87 entities and buildings for using green energy

Enterprises adopted highly automated technologies in line with Industry 4.0 standards and all businesses in industrial parks, clusters, rural industries and craft villages will keep applying energy-efficient measures.