• Sun. Apr 21st, 2024

1. “Creative Startup Center in Ho Chi Minh City Nearing Completion: What to Expect from the Public Service Unit”

BySamantha Nguyen

Apr 3, 2024
This Year, the Creative Startup Center in Ho Chi Minh City is in Operation

The Creative Startup Center building in Ho Chi Minh City is almost 90% complete and set to launch in the third or fourth quarter of the year. This information was shared by Ms. Phan Thi Quy Truc, Deputy Head of the Technology Management and Technology Market Department at a conference on promoting innovative startup activities in the city on April 3.

The building, located at 123 Truong Dinh, District 3, has been under construction for over three years. It consists of 11 floors, with eight above ground and three underground. The lower floors will house state-supported activities for creative startups, while the upper floors are intended to attract private sector participation in developing the startup ecosystem in the city.

According to Ms. Truc, the Creative Startup Center is a public service unit managed by the Ho Chi Minh City government. It serves as a focal point for connecting and organizing activities as well as providing support services for the innovative startup ecosystem. The center is considered a hub that drives the formation of a network to support creative startup activities in various sectors connected to Ho Chi Minh City.

The center’s space and operating model are designed to be open and accessible to the community and businesses, allowing them to easily access information related to Ho Chi Minh City’s startup ecosystem. The center is also responsible for operating the online platform (HOIP), which centralizes the ecosystem’s data system for businesses and startups to register and participate in the city’s support policies.

Despite progress made in supporting innovative startups in Ho Chi Minh City, there are still shortcomings in the domestic ecosystem, such as low-quality state support policies, lack of risk investment mechanisms, and complicated administrative procedures. These challenges highlight the need for continued attention and coordination with the startup community to enhance effectiveness and efficiency.

In conclusion, efforts are being made to improve

By Samantha Nguyen

As a content writer at newsskio.com, I weave words to craft compelling narratives that captivate readers and bring stories to life. With a keen eye for detail and a passion for storytelling, I strive to create engaging and informative content that resonates with our audience. Whether I'm delving into the latest news trends or exploring unique angles on various topics, my goal is to deliver quality content that informs, entertains, and inspires. Join me on this journey as we uncover the news stories that matter most.

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