Start-ups offer great potential

by VTV418 November 2015 Last updated at 11:32 AM

(Photo illustrated: cnet.com)
(Photo illustrated: cnet.com)

VTV.vn - There are currently about 500 thousand businesses in Vietnam. But the Vietnam Chamber of Commerce and Industry believes Vietnam needs to have 2 million enterprises by 2020.

This target may be difficult to achieve, despite the number of new start-ups established in recent years. Start-ups do not necessarily refer to small and medium-sized enterprises. Uber is now valued at 50 billion USD just a year after its establishment.

With this start-up model, the long-term target of 5 million enterprises can be achieved. With this potential great potential, several Vietnamese start-ups could in the coming time make a major impact internationally.

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