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The National Startup Index Report presents a comprehensive analysis of the development trends of startups, which are new types of businesses focused on science and technology. This report was announced during a ceremony to present the National Startup Promotion Index Framework Report and launch the Startup Research Institute on April 17. Developed by the Institute for Entrepreneurship Research, part of the National Startup Association, this report will be published annually to compare Vietnam’s startup ecosystem to those of other countries in the region and the world.

Deputy Minister of Science and Technology Hoang Minh emphasized the importance of businesses in applying science, technology, and innovation to drive socio-economic development, especially in the face of the 4.0 technological revolution. The Ministry of Science and Technology supports innovative startups by providing standards for goods, determining competitiveness, assisting with intellectual property, and offering access to capital, technology, and information for production and business.

The report aims to build a knowledge and innovation economy, enhance competitiveness, and foster entrepreneurial spirit among youth. Associate Professor Dr. Nguyen An Thinh, Deputy Director of the Institute for Startup Research, emphasized that this report is divided into five parts analyzing global startup trends

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