On April 18, 2022, International University (VNU-HCM) signed a Memorandum of Understanding with the Business Startup Support Centre (BSSC), a non-profit organization dedicated to making it possible for young people to start their own businesses.

This Memorandum of Understanding aims to promote each party’s capabilities by utilizing and exploiting the potential of facilities, people, and expertise in entrepreneurship activities for students and the Vietnamese startup community. This memorandum, in particular, assists not just International University and the Business Startup Support Centre, but also all Vietnamese youth and students. 

Following the agreement, the two parties will work together to plan an innovation program that takes into account both content and skills. Then, the two parties will begin to collaborate to provide social media and communication assistance for Startup projects and events, such as event co-organization. Representatives from both parties will also be honored guests at Startup activities/events arranged in collaboration.

This Memorandum of Understanding on collaboration serves as the foundation for International University and the Business Startup Support Center’s cooperation relationship, allowing the two organizations to support each other in the process of executing startup support activities in the near future.

The People’s Committee of Ho Chi Minh City founded the BSSC, Business Startup Support Center, with the purpose of assisting young Vietnamese people in achieving their business aspirations. Over the course of seven years in the startup industry, BSSC has approached over 4,000 projects and business models through Startup competitions, Investment Funds, and Business Incubation Programs. BSSC also manages the Youth Startup Support Fund with a VND 100 billion budget. This is the capital source for the startup community in Ho Chi Minh City’s support funding. Many projects have been successfully supported by the Foundation, including TCS Artemisia Incense, G.A.P Institute, Tin Toc, Asian Golden, and others.