Trick is to make VN startups competitive: experts

Many young people, including those who’ve studied abroad and returned home to establish their own businesses, shared useful ideas on startups at a conference held last week in HCM City. Nguyễn Trọng Nhân, director of Fablab Sài Gòn, said that starting a business means working for oneself and looking for new values, and these lessons need to be learnt from successful start-ups. Young people are attracted by recent Government policies encouraging startups. However, while establishing a startup is fairly easy, making it internationally competitive needs support and advice from experienced experts, Nhân said. Trần Bảo Trân, managing director of Sea Media Ltd Co, a former student in Switzerland, said there were three challenges that overseas students faced when coming back home to start a business – finding investors, enthusiastic employees and a conducive investment environment.

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