Deputy Prime Minister Vu Duc Dam with startup community: "The country needs to become richer by new technologies"

Cập nhật: 13/08/2015 15:58
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"If I could come back to time when I was at the same age as the startup community members in Vietnam, I would be very jealous. To be honest, I really admired your talent", Deputy Prime Minister Vu Duc Dam shared in the meetings with startup community in Vietnam.”

Deputy Prime Minister Vu Duc Dam with startup community: "The country needs to become richer by new technologies"

In the afternoon of 12/8, at the headquarters of the Government Office, Deputy Prime Minister Vu Duc Dam and leaders of many ministries such as Ministry of Science & Technology, Ministry of Planning and Investment, Ministry of Finance, Ministry of Information and Communication, State Capital Investment Corporation ... had a friendly meeting with the Vietnam startup community.

 

Deputy Prime Minister Vu Duc Dam and Deputy Minister of Science and Technology Tran Van Tung

Young entrepreneurs face many ... barriers

At the meeting, representatives of young entrepreneurs in Vietnam has raised many existing problems due to the mechanism and regulation as well as the difficulties and challenges encountered in the process of starting a business. There have been many opinions and candid contributions indicating the specific aspects of the administrative procedures for the licensing of investment, especially for investors using foreign capital, tax issues, competition...

Mr. Do Hoai Nam, President and CEO of Emotiv Systems, who made major contributions to the introduction of the Emotiv Systems measuring human emotions, said in Vietnam, starting a business is an inconsistent activity yet, had particular success. Many of young entrepreneurs have just enter the market but already had certain success in their careers related to technology.

In the conversation, Mr. Trinh Quoc Tuan, a single father, from the love of his children after his wife’s unfortunate death had conceived the startup Babyme, said: "When I founded the company, and called foreign investors, their concern was that the Vietnam Investment Law is quite limited. Finally, they have to come to Singapore to open new companies then open a branch in Vietnam. Finally, everything earned in Vietnam will be poured on the company in Singapore ".

 

Mr. Nguyen Van Tuan, Director of Zamba division of VCCorp Ltd. also said the technology business in Vietnam faced many difficulties involved in foreign investment.

"For example, in Vietnam, previously there is no business license for estate broker. We wanted to add it to comply with the regulation yet business license of foreign investment took 6 months to 1 year to be valid. It is such a lengthy wait. The Ministry of Planning and Investment reviews the scale related to foreign investment so that foreign invested e-commerce are not allowed to open retail outlets in Vietnam. This is very difficult to implement ... "Tuan shared.

"The country needs to become richer by new technologies"

Answered the concerns of the entrepreneurs about the unanswered difficulties, timely support to problems related to regulations, policies, business environment, Deputy Prime Minister Vu Duc Dam has directed government portals to open a door to receive the comments, questions of businesses, including entrepreneurs, and submit to the state agency for answers, timely feedback.

At the meeting, Deputy Prime Minister Vu Duc Dam has appreciated the startup community as forces dared to dream and implement his dream.

 

Deputy Prime Minister Vu Duc Dam "envy" with Vietnam startup community

"You may fail but it is already a success as your and your predecessors’ unsuccessful experience contributed to the success of those who go after. I wanted us to work together to connect, create pervasiveness in our community, "Deputy Prime Minister Vu Duc Dam shared.

He also expressed a sincere way: "If I could come back to time when I was at the same age as the startup community members in Vietnam, I would be very jealous. To be honest, I really admired your talent. You started out with the new technology, we should be proud of that and connect with each other more closely. Vietnam needs to get richer not by natural resources, by playing the stock anymore ... but by the new technology. "

According to Deputy Prime Minister, the field of science and technology has always been the Government's priority and incentives to promote strong growth in the future, because this is such an important sector for the development of the country.

"So, in this context, businesses which want to thrive, should promote the creation of new initiatives, new modern technology. The big enterprises, who has succeeded in the marketplace should connect and support the newcomers who is now entering the market ", Deputy Prime Minister emphasized.

Also in today's meeting, Deputy Minister of Planning and Investment Dang Huy Dong affirmed, the Ministry set ready to receive the comments and will respond immediately to issues related to the investment environment, business license.

Representative from the Ministry of Science and Technology, said the Ministry is developing "entrepreneurship ecosystem" projects which is expected to submit to the Government for approval in September. It will include mechanisms, specific policies for young entrepreneurs engaged in the ecosystem.

Compiled from: Vietnamnet, Trí Thức Trẻ/K14