Their total registered capital increased by 17% compared to the same period last year. Hanoi's local authorities plan to invest nearly 12.9 million USD in innovative start-up enterprises. They plan to eventually select the most highly qualified businesses to help the capital develop.
Hanoi will be launching a Start-up Incubation Program in September. The program, which lasts for 5 years, aims to seek start-ups with potential and will provide them with capital, training, and market access.
