Paving the way for Vietnamese startups to enter the 'Big Sea'

Choosing to develop in foreign markets is not too ambitious for startups because of One IBC^® - a company specializing in investment consulting and establishing international businesses - that can support startup platforms in Vietnam.

According to a report by the global startup community support organization - Start-up Genome, startups with international business relationships and ideas will grow in revenue higher than businesses with domestic vision only.

Start-ups flourished from project 844

The project "Supporting the national innovation startup ecosystem until 2025" (Project 844) issued by the Prime Minister over a period of 7 years has brought a lot of positive support to the start-up community. The number of investment funds participating in activities in Vietnam has also increased sharply by about 60% and is evenly distributed among countries. In 2021, Vietnam was a country with a very high number of investors, domiciled second place only after Singapore. It is forecasted that investment capital in Vietnamese startups in 2022 can reach 2 billion USD.

Start-ups flourished from project 844

Back then, the Vietnamese startup community mainly followed the model of copying technology and bringing it to the domestic market or developing suitable solutions from the project and platform of large corporations. However, from 2019 onwards, this trend has changed, the community welcomes unicorn startups as independent businesses who actually have their own products, markets, and customers.

Vietnamese startups are young people with good ideas and big ambition, but besides the lack of capital, they also face many difficulties in groping step by step to carry out important stages such as research and development (R&D) or expand the market, especially startups that do not have a specific strategy because they do not understand the importance of market expansion and how it affects them... These startups need to bring products and business platforms to the world rather than restricting the scope of domestic competition.

Cross-border startups

Different from previous periods of economic structural change, the Fourth Industrial Revolution with the rise of digital means has opened up opportunities to change lives in many aspects, from the way we work., learning, communication, entertainment of each individual.

Technologies that support workplace virtualization and remote contracting are becoming increasingly popular. This is a pivotal period when most people around the world must learn to adapt to digital experiences, whether working from home, learning online or shopping online.

Joining the investment council at Shark Tank season 5, Shark Le Hung Anh always aims at a solution to help Vietnamese startups take advantage of resources from the international market to be a springboard for success and reach out to the world. He said that many products of Vietnamese startups have great potential from processed foods, agricultural products, and tourism, but they have not been promoted in marketing, promotion and sales to the international market. .

Supplementing with a suitable offshore investment consulting strategy will help the success rate of startup projects be higher and the development ability will be faster. Looking at the situation of Vietnam's outward investment objectively, with the dominance of domestic companies and increasing competition from foreign competitors, many generations of Vietnamese startups have formed their own capital. The idea of ​​growing the company on a global scale very early on. Besides, they also focus on building a solid core technology foundation to gain certain competitive advantages.

Vietnamese startups soon have suitable foreign business idea

To be successful in the international market, start-ups need to quickly grasp trends, have a suitable foreign business idea as well as have a thorough preparation in terms of both potential and understanding of market characteristics. major target market in the region and the world.

One IBC^® accompanies Vietnamese startups to the world

One IBC^® has some features in common with Vietnamese technology startups when it was also a business oriented to technology development and strong digital transformation. Especially with the experience in consulting the establishment of foreign businesses, One IBC^® will be the bridge to help start-ups not be surprised when they go to the "big sea" for the first time.

The resources that can be used when doing business in the international market can be followed: Policy to support startups in good technology; Quick company establishment policy, clear and clear regulations; Strong support for IPO and divestment activities of enterprises; Learn new technology platforms from the startup community in advanced countries.

The "father" of One IBC^®, Shark Le Hung Anh, was a start-up more than a decade ago, so he understands what problems entrepreneurs are lacking and weak. With experience and a good understanding of the situation of overseas investment of Vietnamese enterprises, Mr. Le Hung Anh founded One IBC^® with the desire that Vietnamese enterprises themselves support Vietnamese startups to gain advantages on the way to reaching out to Vietnam. out to the world.

One IBC^®'s motto is committed to providing solutions in establishing the most suitable business structure, ensuring compliance with all legal regulations of the host country and international law. The costs are optimally designed for the customer.