Start-ups discuss ways to overcome COVID-19

Jul 29th at 08:51
29-07-2020 08:51:46+07:00

Start-ups discuss ways to overcome COVID-19

The complicated development of the COVID-19 pandemic in Viet Nam as well as around the world has had a large influence among enterprises, especially start-ups.

V-Startup collaborated with Thien Loc Communication JSC to organise the Viet Nam Business Partnership Matching Day 2020 in Ha Noi on Tuesday.

The event is an activity in the mission of developing markets for innovative start-ups under the Government’s Project 844 to support an innovative national start-up eco-system.

The activity is organised to provide an overview of Viet Nam's post social distancing and pandemic economic situation, and policies to support the Government's economic recovery, providing opportunities for businesses development, especially creative start-ups.

Another important purpose of the event is to create a connection between investors and young businesses.

It brought together representatives of State ministries and departments, as well as leading economic experts and investors.

The seminar sought to create a multifaceted ecosystem, connecting innovative start-ups to find solutions, jointly develop and recover the economy.

A representative from the Ha Noi Department of Planning and Investment said that the department had actively supported SMEs and start-ups through activities such as training, domestic and international seminars and conferences, start-up festivals and business matching events.

Experts at the meeting agreed customers’ habits have been changing due to the COVID-19 pandemic.

Previously, customers went out to markets and supermarkets to buy things. But the pandemic had made them shop online more.

Therefore, experts recommended enterprises push online marketing besides traditional methods.

Experts also said that enterprises should invest more in technology. As the pandemic is returning to the central city of Da Nang, experts noted that businesses should check their budget and expenses carefully. Online marketing is a channel that businesses should pay more attention to.

Enterprises are advised to learn more about online marketing so they can attract customers through images and videos as well as to survive fierce competitiveness.

Experts also advised enterprises to develop scenarios to respond to different development stages of COVID-19.

Meanwhile, some representatives from the enterprise side expressed wishes that they wanted the State agencies and relevant organisations to accelerate communications at the communal level so that more people could access information.

They also said that people’s knowledge of technology should be improved. 

bizhub



NEWS SAME CATEGORY

FDI to VN sees increase in July

Viet Nam attracted US$3.15 billion worth of foreign direct investment (FDI) and capital for share purchases from July 1 to July 20, representing a rise of 79.8 per...

HCM City helps firms hard-hit by COVID-19 avoid bankruptcy

Secretary of the HCM City Party Committee Nguyen Thien Nhan has told local agencies to help local businesses affected by COVID-19 maintain production and avoid...

New Zealand ties reach new level

With Vietnam and New Zealand lifting their comprehensive partnership to a strategic one, a wide door is to open for both nations to further cement their trade and...

65% Japanese firms in Vietnam face revenue decrease

Around 90% of respondents taking part in a survey said they are affected by travel restrictions between Vietnam and Japan.

Trade momentum makes comeback with new orders

Despite numerous difficulties ahead, Vietnam’s trade landscape is gradually gaining momentum thanks to piecemeal reopening of markets worldwide, promising a...

Canadian firms eye on investment opportunities in Can Tho

More and more Canadian businesses are eager to explore investment opportunities in the Mekong Delta city of Can Tho, especially in the spheres of hi-tech...

Vietnam Jan-Jul FDI inflows drop 4.08% y/y to $10.12 bln: govt

Vietnam received $10.12 billion in foreign direct investment (FDI) in the first seven months of the year, down 4.08% from a year earlier, the Ministry of Planning...

JCB, Shopee unveil Southeast Asia collaboration

E-commerce platform Shopee has announced a tie-up with JCB International Company Ltd (JCBI) that will offer online merchants and shoppers enhanced payment options.

Pandemic forces firms to restruture

The heavy impacts of the COVID-19 pandemic on the domestic and global economies were requiring firms to reshape their production and business strategies as well as...

Law should be changed to better protect online consumers

While more and more Vietnamese people are turning to e-commerce, the current consumer protection law does not properly cover online shoppers.


MOST READ


Back To Top