Objectives of Supporting Student Startups by 2025 in Vietnam

Objectives of Supporting Student Startups by 2025 in Vietnam

Pursuant to Subsection 2, Section 1 of Decision 1665/QD-TTg in 2017 approving the Scheme "Supporting Student Startups by 2025":

I. SCHEME OBJECTIVES

1. General Objective

To promote the entrepreneurial spirit of students and equip them with knowledge and skills on entrepreneurship during their studies at schools. To create a favorable environment to support students in forming and realizing their startup ideas and projects, contributing to creating jobs for students after graduation.

2. Specific Objectives

a) Objectives by 2020:

- 100% of universities, academies, colleges, and vocational schools have plans to implement support activities for student startups;

- At least 90% of students from universities, academies, colleges, vocational schools, high schools, and vocational education and continuing education centers are informed, educated to raise awareness, and equipped with knowledge and skills on entrepreneurship before graduation;

- 100% of universities, academies, and 50% of colleges and vocational schools have at least 02 student startup ideas or projects supported for investment from appropriate funding sources or connected with businesses and venture capital funds.

b) Objectives by 2025:

- Continue to promote information dissemination, education to raise awareness, and equip knowledge and skills on entrepreneurship for students;

- Strengthen facilities for student support centers in universities, academies, colleges, and vocational schools;

- 100% of universities, academies, and 70% of colleges and vocational schools have at least 05 student startup ideas or projects supported for investment from appropriate funding sources or connected with businesses and venture capital funds.

Therefore, according to the above provisions, the objectives of supporting student startups by 2025 are as follows:

[1] Continue to promote information dissemination, education to raise awareness, and equip knowledge and skills on entrepreneurship for students.

[2] Strengthen facilities for student support centers in universities, academies, colleges, and vocational schools.

[3] 100% of universities, academies, and 70% of colleges and vocational schools have at least 05 student startup ideas or projects supported for investment from appropriate funding sources or connected with businesses and venture capital funds.

Objectives of Supporting Student Startups by 2025 in Vietnam (Image from the Internet)

esides students, who else is supported in starting a business in Vietnam?​

Pursuant to Section 2 of Decision 1665/QD-TTg in 2017:

TARGETS AND SCOPE OF APPLICATION

1. Targets

- Students studying at universities, academies, colleges, vocational schools, high schools, and vocational education and continuing education centers nationwide;

- Staff, lecturers, teachers, and individuals supporting students at universities, academies, colleges, vocational schools, and career guidance teachers at high schools and vocational education and continuing education centers nationwide.

2. Scope

- Universities, academies, colleges, vocational schools, high schools, and vocational education and continuing education centers nationwide;

- Businesses, investment funds, investors, and organizations and individuals both domestic and international;

- Ministries, central and local authorities, the Vietnam Chamber of Commerce and Industry, the Central Committee of the Ho Chi Minh Communist Youth Union, and related agencies and organizations.

Therefore, besides students, the targets for startup support by 2025 include staff, lecturers, teachers, and individuals supporting students at universities, academies, colleges, vocational schools, and career guidance teachers at high schools and vocational education and continuing education centers nationwide.

What are regulations on support for the training for students startups by 2025 in Vietnam?

Pursuant to Subsection 2, Section 3 of Decision 1665/QD-TTg in 2017:

- Support entrepreneurship training:

+ Form a team of staff to provide counseling and support student startups at universities, academies, colleges, and vocational schools nationwide and organize training courses to enhance the competency of this team; encourage individuals with knowledge and experience in entrepreneurship to volunteer in counseling and supporting students at schools;

+ Organize training courses on basic entrepreneurship knowledge for staff and career guidance teachers at high schools and vocational education and continuing education centers;

+ Compile and publish a set of materials providing entrepreneurial knowledge and skills for students, training materials for staff counseling and supporting student startups, and materials for training career guidance teachers;

+ Organize training courses, exchange programs, and international experience exchange workshops for students and staff counseling and supporting student startups at schools;

+ Encourage universities, academies, colleges, and vocational schools to develop startup modules and integrate them into the training programs either as compulsory or elective courses to suit practical needs;

+ Increase the organization of internship and experiential activities at businesses to provide opportunities for students to engage in business operations.