The government aims for women-owned businesses to make up 30% of all enterprises in Vietnam by 2030, according to a decision recently signed by Prime Minister Pham Minh Chinh.

Many start-up models of rural women have increased value of local products while creating jobs for local residents.

Under Decision No. 2415/QD-TTg approving a project to support women's start-ups for 2026-2035 dated October 31, the government will provide support for 75,000 women-owned enterprises, cooperatives and business households, helping them access preferential credit, and start-up and innovation funds.

According to the project, 25,000 women-owned business households will be guided to register to convert into enterprises.

Besides, the project will support 8,000 women-owned start-ups and cooperatives to restructure, consolidate, and enhance the capacity of their members.

To meet the targets, the project sets out solutions, including promoting the entrepreneurial spirit and business aspirations among women; developing and connecting components in the ecosystem that supports women-led startups; supporting women to participate in sustainable business models, digital transformation, green transformation; consolidating mechanisms and policies for women-led startups, and enhancing international cooperation to attract and diversify resources for them.

Project beneficiaries include all women who want to start a business, especially disadvantaged women and single mums; disabled women; women in households with disabled persons; ethnic minority women; retired female athletes; women who have completed their prison sentences; HIV affected women; women who are victims of domestic violence and human trafficking; elderly female workers returning from industrial parks/export processing zones; women returning after working abroad; and women who migrate for free labour.

PM applauds youth entrepreneurship at National Startup Day for Students

Prime Minister Pham Minh Chinh has called for a robust ecosystem to nurture entrepreneurship and innovation among students, declaring that the strength of the nation lies in its youth.

Startup and innovation worshop attracts nearly 40,000 teachers and students in Bac Giang

BAC GIANG - Vietnam National University of Agriculture (VNUA) on 14 March cooperated with the Department of Education and Training of Bac Giang province to launch a workshop themed "Startup and innovation journey from high school" under both direct format in Yen Dung No.1 High School (Bac Giang city) and online format, attracting nearly 40,000 teachers and students from high schools across the province to participate.

Promoting sustainable development of innovative startups

According to statistics, Vietnam has around 3,800 innovative startups, primarily concentrated in major cities. Two companies are valued at over 1 billion USD each, 11 exceed 100 million USD each, and several are nearing “unicorn” status. Overall, most innovative startups in Vietnam are in the early stages of their development lifecycle.

HCM City ranks third in Southeast Asia for startup ecosystem value: report

Ho Chi Minh City ranks third in Southeast Asia in terms of startup ecosystem value, with an economic impact of 5.22 billion USD, according to Startup Genome Global Startup Ecosystem Report, released at the Saigon Summit recently held in the city.