The event aims to connect successful entrepreneurs with German alumni who wish to do business in Vietnam (Photo: VNA)
NDO/VNA – German development agency GIZ on February 26 hosted a virtual event called “Innovate for Impact” to attract new business ideas from German alumni who are interested in applying them in Vietnam.
Part of the 12-month project “Business Ideas for Development”, the event aimed to connect successful entrepreneurs with German alumni who wish to do business in Vietnam this year.
It will be followed by a start-up training course “Business Ideas for Development” (BID Vietnam 2.0). The three most outstanding impact start-up ideas will go through to the next rounds – start-up consultation and start-up acceleration – which will take place in March 2023.
BID, a component of the GIZ’s Programme Migration and Diaspora (PMD), provides knowledge and consultation for German alumni to translate their innovative ideas and what they had learnt in their country into reality for sustainable development goals in Vietnam.
Pham Ngoc Linh from GIZ said the in the first year, BID supported more than 20 German alumni and provided training for five startups with the most sustainable impact ideas in the fields of agriculture, tourism and environment.
Four had received 5,000 EUR (about 5,640 USD) each in funding to establish their business, develop brands and conduct trial production, Linh said.
- Vietnamese, German start-ups meet at AsiaBerlin Summit 2021
- Ministry implements project to improve students’ awareness of startup
- Siemens CEO urges German firms to invest in Vietnam
- Vietnamese alumni in Australia Over AU 6 307 donated for human trafficking victims
- Month-long German Film Festival 2020 to kick off in Vietnam
- German firms maintain positive view over economic expectations in Vietnam
- Construction starts on HCM City Centre for Innovative Start-ups
- Twelve excellent German films screened at KinoFest film festival
- Vietnamese, German businesses told to make use of EVFTA