

With 33 domestic and international incubation centers, Ho Chi Minh City is perfectly confident about proper backup for the new innovative startup ecosystem here. These centers are an ideal place for startups to materialize their business ideas quickly and cheap.
The Ho Chi Minh City Innovation and Startup Awards 2021 (I-Star 2021) after 5 months launching has entered the final stage with 40 projects to seek the most effective, practical innovative startup models and solutions, boosting general startup activities in the city.
Welcoming the positive results from startup activities lately, Ho Chi Minh City (HCMC) Department of Science and Technology is now finishing the final draft for the project ‘Helping to Develop Innovative Startup Ecosystems in HCMC from 2021-2025’. This program is supposed to increase both productivity and competitiveness of businesses in the city.
In the past few years, several organizations in Ho Chi Minh City (HCMC) have joined hand to promote startup activities in the community by offering friendly working space, necessary capital, and sensible advice to those in need, in hope of creating more useful products for both domestic and international markets.
To boost activities in the field of smart energy, the Saigon Hi-tech Park Incubation Center (SHTP-IC) has just cooperated with the non-profit organization New Energy Nexus Southeast Asia to launch the program New Energy Nexus Vietnam to seek feasible solutions and products for startup projects.