Bringing Ho Chi Minh City's investment and creative startup environment on par with Singapore

(NLDO) – Ho Chi Minh City aims to build an investment and creative startup environment like Singapore, so that investors do not have to go abroad to start a business.

This is the sharing of Mr. Lam Dinh Thang, Mr. Lam Dinh Thang was appointed to hold the position of Director of the Department of Science and Technology of Ho Chi Minh City, at the talk show "Startup and Investment", organized by the UEH School of Technology and Design (CTD) in collaboration with the UEH Institute of Innovation (UII) and the Center for Technology Incubation and Innovation Support (ISC), on May 24.

According to Mr. Thang, in the story of promoting startups and innovation, the participation of investors, schools, banks and the state is needed. Regarding state management agencies, Ho Chi Minh City is making efforts to improve the investment, business and startup environment. How can the investment and creative startup environment of Ho Chi Minh City be like Singapore? Then, investors will choose to invest in the city, not need to go to Singapore to start a business.

As a speaker of the talk show, Mr. Thuy Mai - Chairman of RainScales, Member of the Board of Directors of FreightVerify Inc, and member of GOOSE Investment Fund, said that to start a business successfully, the importance of building a sustainable business model is the core factor - besides capital. It is necessary to prepare a team of staff ready to expand and connect with a global investor network right from the early stages of the startup.

Experts share their experiences to start a successful business

With over 40 years of experience running businesses in many countries, Mr. Thuy Mai shares his journey of founding 3 technology companies and expanding operations in 7 countries. Among them, the most successful is DiCentral - a technology startup originating in Vietnam that has expanded to the global market.

"Vietnam is facing a great opportunity to rise on the global startup map. But to do that, startups need to change their mindset - not just stopping at solving domestic problems, but thinking about creating global value, applying new trends such as AI, automation and sustainable development to lead the game" - Mr. Thuy Mai said.

The talkshow "Startup and Investment" is an event within the framework of the CTD Learning & Sharing academic program series - an academic initiative of the UEH School of Technology and Design (CTD) to promote knowledge sharing, connecting experts, businesses and the community.

Thereby enhancing research capacity for the community and creating practical values ​​for sustainable development.

Mr. Thuy Mai is one of the famous experts in the startup and investment community, sharing at the event.

Associate Professor Dr. Bui Quang Hung - Vice President of Ho Chi Minh City University of Economics (UEH), said that the role of startups and investment is not only in economic growth but also as a catalyst to promote the connection between subjects in the innovation ecosystem. In which, universities, as units in the public sector, play the role of connecting knowledge, policy and community.

Regarding the investment and startup environment in Ho Chi Minh City, StartupBlink's 2025 Global Innovation Ecosystem Rankings has just recorded Ho Chi Minh City for the first time in the top 5 leading innovation ecosystems in Southeast Asia and moved up one place to 110th place in the world .

StartupBlink Ranking is a globally reputable assessment tool, measuring the startup ecosystem based on many criteria. Ho Chi Minh City has been ranked globally for 4 consecutive years, especially in the Fintech field with high growth rate and is currently in the global Top 30 in Blockchain - 2nd in Southeast Asia...

Source: https://nld.com.vn/dua-moi-truong-dau-tu-va-khoi-nghiep-sang-tao-cua-tp-hcm-sanh-ngang-singapore-196250524144854331.htm