At the press conference held in Hanoi on July 5, Vice President of the Vietnam Youth’s Union Nguyen Thi Thu Van said that the contest responds to the youth startup scheme during 2019-2022 to encourage initiatives for local tourism development, while luring public attraction to the youths’ innovation in the tourism sector.

At the press conference on July 5.

Twenty best individuals or groups selected into the semi-final round will receive consultancy to complete their products in two weeks before sending them to the organising board via Youtube links. After that, the five most excellent initiatives will enter the finale, which will take place on August 28-29.

The champion will receive VND 200 million (US$8,585) in cash, and have a chance to study startup models in Israel.

The organising board will present one second prize, one third prize, and two consolidation prizes, each worth VND100 million, VND50 million and VND 10 million, respectively.

Over 50 green startup ideas honoured

The Vietnam Women's Union collaborated with the Vietnam Climate Innovation Centre (VCIC) to organise a ceremony in Hanoi, on June 24, to honour 51 creative ideas at the third Proof-of Concept (PoC) competition under the theme "Women and the future of green economy".

Saigon Innovation Hub joins ASEAN startup programme

The Saigon Innovation Hub (SIHUB) has been appointed by the government of Malaysia as the only representative of Vietnam to join the ASEAN startup programme.

Tourism-hotel transaction platform wins startup contest

The BedLinker.com project – an online platform for tourism-hotel service transactions, has surpassed nine outstanding projects nationwide to win an innovative tourism startup competition at its final round in Hanoi on June 18.

Facilitating Vietnamese startups to gain success

Eighteen investment funds pledged a combined US$425 million to invest in Vietnamese startups in the next three years at the Vietnam Ventures Summit 2019 recently held in Hanoi. In addition, the presence of more than 100 foreign capital funds at the event showed the attractiveness of Vietnam's business environment and startup ecosystem for international investors.

Vietnamese startup launches social network site for travellers

Vietnamese online travel agent and startup Hahalolo launched the first social travel site in Vietnam in Ho Chi Minh City on June 10. 

Source: NDO