Hanoi launches start-up ecosystem portal

Wednesday, 2017-10-11 11:40:44
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Chairman Nguyen Duc Chung (middle) and other delegates at the launching ceremony for the portal
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NDO - The Hanoi municipal People's Committee in coordination with VPBank held a launching ceremony for the city's start-up ecosystem portal and a large-scale co-working space in support of the start-up community at the VPBank building on Lang Ha Street, Hanoi on October 10.

The StartupCity.vn portal is built with the aim of creating an online platform to connect start-up business opportunities in a simple and systematic manner. The portal will also serve as a useful tool for investors to seek investment opportunities in Vietnam.

In addition, through StartupCity, start-up enterprises can present their projects and call for investment while exploring new business opportunities and following technology tendencies and issues of concern.

The start-up ecosystem portal, which is automatic and free of charge, is developed under the guidance of experts from Israel, a nation famous for its successful start-up nation model.

"StartupCity.vn is a vivid example of how local government could contribute to the speed development of the technology industry of the country. StartupCity.vn will help attract international businesses, connect capital with start-up demands, create new jobs, encourage creative ideas and improve economic value for the ecosystem," Nguyen Duc Chung, Chairman of Hanoi municipal People's Committee said at the launching ceremony.

At the ceremony, a large-scale co-working space for use by the start-up community, named UP@VPBank, was launched at the 21st floor, VPBank building on 89 Lang Ha Street, marking the establishment of a leading large-scale co-working space in Vietnam.

The co-working space is expected to provide enterprises with the most high-class office space in Vietnam at reasonable costs. In addition, at UP@VPBank, start-ups and innovation enterprises will have opportunities to meet, work and connect directly with investors and supporting services.

So far, 130 enterprises have registered to work at the co-working space and 63 have received funds from VPBank.

VPBank has pledged to spend at least US$1 million to implement solutions in support of the start-up community in 2017-2018.