TAILIEUCHUNG - Solutions for startup ecosystem development in Vietnam

The article provides an overview on the roles and characteristics of creative startups and their ecosystem as well as an analysis of their current situation in Vietnam, then discusses the impact of key elements on the development of the national startup ecosystem, such as the government policy and the legal framework, market access, human resources, sponsorship and funding. | Solutions for Startup Ecosystem Development in Vietnam Nguyen Thu Thuy1 1 Foreign Trade University. Email Received on 30 September 2018. Revised on 15 October 2018. Accepted on 12 December 2018. Abstract The article provides an overview on the roles and characteristics of creative startups and their ecosystem as well as an analysis of their current situation in Vietnam then discusses the impact of key elements on the development of the national startup ecosystem such as the government policy and the legal framework market access human resources sponsorship and funding. The article also puts forward several solutions for the development of the startup ecosystem in Vietnam. Keywords Startups startup ecosystem key elements Vietnam. Subject classification Economics 1. Introduction The policy of creative startup encouragement is one of the most outstanding policies in Vietnam recently. 2016 was chosen to be the year of the national startup while the Government approved the plan on Supporting the national innovative startup ecosystem until 2025 of the Ministry of Science and Technology resolutions and policies supporting startups have been issued which made Vietnam s startup ecosystem more attractive to foreign investors. There is an emergence of coworking spaces and programmes for startups and startups are tending to go global - reaching to the world. As a result some startups have been recognised honoured and received huge investments 4 . Despite the improvement in the business environment compared to the previous periods the Global Entrepreneurship Monitoring GEM Vietnam Report 2015 2016 by the Vietnam Chamber of Commerce and Industry VCCI showed some indicators that remained weak and needed improving. Compared to other ASEAN countries none of Vietnam s indicators is better than those of the Philippines Indonesia Thailand and Malaysia. Moreover eight indicators of Vietnam are even lower than those of the four countries. Unless solutions to improve .

• Kinh tế học
• Startup ecosystem
• Key elements
• Startup ecosystem development
• Government policy
• Legal framework
• Market access
• Human resources
• Corporate social responsibility
• Small and medium enterprises (SMEs)
• Startup performance
• The Mekong Delta Region
• Local economic growth
• Policy tool
• Innovative entrepreneurship
• Industrial Revolution 4
• Innovative startup ecosystem
• Ecosystem structure
• Economic growth and restructuring
• Dynamics of the domestic market
• Business support services
• Angel investment
• Financial investments
• Capital lifecycle
• Appropriate ecosystem
• Early stage firms
• Accessing capital sources
• Handbooks of hospitality human resources management
• Hospitality human resources management
• Acquiring human resources
• Retaining human resources
• Human resources management
• Human resource management’s role
• Managing human resources
• Lecture Managing human resources
• Quality staff
• Human resources policies
• Human resources policy
• Procedures activities
• Planning training programs
• Human resources terms
• Leadership and development of leadership human resources
• Development of leadership human resources
• Development human resources
• Human resources Vietnam
• State owned enterprises
• The hospitality industry
• Hospitality managers
• Human resources activities
• Human resources responsibilities
• Employee on boarding
• Orientation programs
• Evaluating training programs
• Delivering training programs
• Employee recruitment
• Compensation programs
• Compensation management
• Performance management
• Performance appraisal
• Employee health
• Employee safety
• Critical issues
• Unionization process
• Evolving hospitality organizations
• Organizational change
• Developing human resources
• Critical human resource issues
• Human capital development
• HR practitioner’s view