HCM City fosters innovative start-ups

(VOVWORLD) - The Ho Chi Minh City People’s Committee has initiated a project to develop an innovative start-up ecosystem in the next 5 years, with a target of 1,000 new start-ups. 
HCM City fosters innovative start-ups  - ảnh 1A seminar connecting supporters with start-ups in HCM city (Photo: Baotintuc) 

HCM City hopes this ecosystem will help businesses boost their productivity and sharpen their competitive edge until the city is producing 45-50% of the gross regional domestic product (GRDP).

The project plans to improve the capacity of 3,000 start-ups, assist 1,000 projects, and help 100 start-ups access venture capital by 2025.



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