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Innovation: The inevitable path of local businesses

(HTV) - Creative startups are the inevitable path for businesses to adapt to economic fluctuations and fierce competition.

Việt NamViệt Nam04/08/2025

Not only for startups, local businesses if they know how to reposition their values can also go far and enter the big playground. This is the opinion emphasized by many experts in the Southeast region at the Workshop "Strategic Repositioning - Local Businesses Entering the Creative Startup Space of Ho Chi Minh City".

Đổi mới sáng tạo: Con đường tất yếu của doanh nghiệp địa phương - Ảnh 1.

Experts say that if local businesses know how to reposition their values, they can reach far and participate deeply in the creative startup ecosystem of Ho Chi Minh City.

With an ecosystem value of 5.22 billion USD, Ho Chi Minh City currently ranks 2nd in Southeast Asia in terms of startup ecosystem index, among the top 200 emerging ecosystems globally. The city currently gathers more than 2,000 startups, 180 investment funds, 45 incubators and 97 universities and colleges. Every year, Ho Chi Minh City organizes more than 500 innovation events and 80 startup competitions, accounting for 65% of the country's investment capital and number of deals.

Ho Chi Minh City currently ranks 2nd in Southeast Asia in terms of startup ecosystem index (Illustration: Dong Dong Saigon)

Dare to connect, dare to innovate and dare to reposition yourself

Mr. Nguyen Minh Hieu - Deputy Director of the Ho Chi Minh City Center for Creative Entrepreneurship - said that the workshop will open the first step for businesses to proactively reposition their values, and at the same time enter a new journey associated with the creative, innovative, open and interconnected startup ecosystem.

Đổi mới sáng tạo: Con đường tất yếu của doanh nghiệp địa phương - Ảnh 2.

Ms. Nguyen Xuan Bich Thoai - Deputy Director of Vietnam Federation of Commerce and Industry, Ba Ria - Vung Tau branch

Ms. Nguyen Xuan Bich Thoai - Deputy Director of the Vietnam Federation of Commerce and Industry , Ba Ria - Vung Tau branch, commented that for businesses, the most important thing is to connect and build a strong startup ecosystem. In that ecosystem, businesses work together, cooperate with each other, creating effective connections to promote the development of all fields.

Đổi mới sáng tạo: Con đường tất yếu của doanh nghiệp địa phương - Ảnh 3.

Experts say that to take advantage of the Ho Chi Minh City startup ecosystem, local businesses need to proactively innovate, connect and reposition to adapt to the market.

According to experts and businesses, the startup ecosystem in Ho Chi Minh City is expanding. But for those values to truly spread, the most important thing is still proactive change from the business side. Dare to connect, dare to innovate and dare to reposition yourself - that is how local businesses stand firm in the face of market fluctuations.

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Source: https://htv.com.vn/doi-moi-sang-tao-con-duong-tat-yeu-cua-doanh-nghiep-dia-phuong-222250804121544987.htm


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