Legal framework for start-up fund raising needs improvement

by VTV420 April 2016 Last updated at 08:02 AM

VTV.vn - While start-up funding for new business ventures via crowd-sourcing is something of a norm in other countries, Vietnam is lagging behind the popular concept due to an inadequate legal framework.

Nguyen Khanh Duong is the founder of Comicola, Vietnam’s most successful crowd-funding platforms. Dương was able to raise 800 million VND for his self-produced comic after establishing a crowd-funding platform. The money was then used to publish his graphic novel series The Holy Dragon Imperator. Like all kick-starter crowd-sourced systems, contributors receive benefits based on the amount of mone

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