Sam Potolicchio, director of Global and Custom Education at McCourt School of Public Policy at Georgetown University 92 per cent of the Vietnamese youth consider starting a business a desirable career opportunity. How would you assess the Vietnamese youth’s readiness for entrepreneurship? 92 per cent is an amazing show of entrepreneur spirit and I believe much of this can be traced back to the young population – and all these young people carry with themselves the dynamism, flexibility, and daring that is so important in setting up their own business. This number also makes me think that young Vietnamese people are particularly bold and brave in their thinking. For many, opening a business seems like an insurmountable challenge: they see tasks to do, requirements to fulfil – and all the difficulties can sometimes overshadow the gains. Vietnamese people, on the other hand, dare to leave their comfort zones and explore the wilds beyond to actively seek out … [Read more...] about Trappings of a successful startup entrepreneur
Startups entrepreneur
Sixty-eight excellent young startup entrepreneurs honoured
Scene at the award ceremony (Photo: VOV) Hanoi (VNA) – Sixty-eight businesspeople were honoured as excellent young startup entrepreneurs of 2018 at an award ceremony held in Hanoi on August 27. The top ten among those were also announced, including Do Thi Hoai, chairwoman of the executive board of Vietnam CHC Development JSC (Hanoi); Nguyen Thi Vu Hien, director of Thang Long gas trade & development JSC (Thai Nguyen); and Duong Long Thanh, director of Thang Loi real estate JSC (HCM City). These 68 businesspeople were chosen from hundreds of nominees across the country through three rounds of selection. In 2017, together they generated 2.865 trillion VND (123.19 million USD) in revenue and 147 billion VND (6.32 million USD) in profit, contributed 91 billion VND (3.91 million USD) to the State budget, and created 4,100 jobs. The figures for the top ten entrepreneurs were respectively 1.231 trillion VND (52.93 million USD), 75 billion VND (3.22 million USD), 55 billion VND … [Read more...] about Sixty-eight excellent young startup entrepreneurs honoured
Startups in Vietnam should be pushed to take risks
Nguyen Dang Quang, a Vietnamese education expert and CEO of Michael Academy of Intelligence A few years ago, I left my job as a senior manager in a prestigious state-owned company and struck out on my own. It was a lifelong dream. I took a co-working space in an inner part of Hanoi, where I could rent a small work desk at a reasonable price. It was spacious enough for several startups to band together for work, and much cheaper than renting a workplace on their own. My former colleagues didn’t even bother to hide their worried looks when they visited me at work. They saw a place full of 20-something, with tattoos and jeans and pullovers and laptops. It just wasn’t me, they said. Some even said I was crazy to be in such a place. That was three years ago. To this day, my associates and I remain steadfast on the road we chose, our will still unbroken. Vietnam’s startup culture seems to have become its zeitgeist in the last few years. Forums, policymakers, … [Read more...] about Startups in Vietnam should be pushed to take risks
Vietnam’s startups should be pushed to take risks
A few years ago, I left my job as a senior manager in a prestigious state-owned company and struck out on my own. It was a lifelong dream. I took a co-working space in an inner part of Hanoi, where I could rent a small work desk at a reasonable price. It was spacious enough for several startups to band together for work, and much cheaper than renting a workplace on their own. My colleagues didn’t even bother to hide their worried looks when they visited me at work. They saw a place full of 20-something, with tattoos and jeans and pullovers and laptops. It just wasn’t me, they said. Some even said I was crazy to be in such a place. That was three years ago. To this day, my associates and I remain steadfast on the road we chose, our will still unbroken. Vietnam’s startup culture seems to have become its zeitgeist in the last few years. Forums, policymakers, entrepreneurs, scholars... they all talk about startups and the so-called Fourth Industrial Revolution. For a … [Read more...] about Vietnam’s startups should be pushed to take risks
HCMC opens forum to connect local startups with overseas partners
HCMC opens forum to connect local startups with overseas partnersBy Chi Thinh Nguyen Thien Nhan, Secretary of the HCMC Party Committee, speaks at the “Connecting Vietnamese Startups at Home and Abroad” Forum on June 26 - PHOTO: CHI THINH HCMC – The HCMC government opened a special forum today, June 26 to connect local startups with partners abroad, including among startups themselves and with investment funds, major corporations and potential investors. The two-day forum, titled “Connecting Vietnamese startups at home and abroad,” is jointly organized by the HCMC government and the Ministry of Foreign Affairs. The forum is a reciprocal event of a similar forum connecting startups in Vietnam and the U.S., which was successfully held in San Francisco in December by these two organizers. Nguyen Thien Nhan, secretary of the HCMC Party Committee, placed strong emphasis on enhancing entrepreneurship, especially in science and technology areas, and … [Read more...] about HCMC opens forum to connect local startups with overseas partners