US Ambassador to Vietnam Ted Osius presents first prize to Lam Nguyen and Pauline Tran (Photo: vtc.vn)
Hanoi (VNA) - US Ambassador to Vietnam Ted Osius prese📖nted awards for start-up projects in Hanoi on August 31.
“The Ambassador’s Entrepreneurship Challenge” was launched by the US Embassy to encourage Vietnamese youngsters’ startup spirit and develop the startup ecosystem in Vietnam.
The first prize went to the UKYS project, an app for iPhone/iPad users to create shirts.
It is the brainchild of Lam Nguyen and Pauline Tran. With the app, customers don’t need to go to a tailor, but can use their device to measure their body and send the data to the UKYS centre. The shirts will be shipped to the customers’ home.
Second prize went to Ella Study project and third place went to RoboFarm.-VNA
The United States venture capital firm 500 Startups announced an investment fund of 10 million USD for Vietnamese start-ups at American Innovation Roadshow in HCM City on March 8.
US President Barack Obama discussed the status of the TPP trade agreement and Vietnam’s entrepreneurial growth during a talk with 100 young businesspeople in Ho Chi Minh City on May 24.
As many as 100 excellent businesses in various fields nationwide were honoured with a Young Startup Entrepreneur Award 2016 at a ceremony in Hanoi on June 4.
The start-up culture in Vietnam has taken off since last year, with more young people eager to start businesses as the Government and local organisations have offered more favourable conditions.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
US Ambassador to Vietnam Ted Osius presents first prize to Lam Nguyen and Pauline Tran (Photo: vtc.vn)
