HO CHI MINH CITY / LONDON (IT BOLTWISE) – Young entrepreneurs from Ho Chi Minh City have achieved impressive success in the national competition for startup projects for rural youth. The innovative projects, which focus on agricultural development and the use of technology, received both first and second prizes. These awards highlight the growing importance of technology and entrepreneurship in Vietnam’s rural development.
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The national competition for startup projects for rural youth in Vietnam recently recognized the innovative ideas of young entrepreneurs from Ho Chi Minh City. The first prize went to the Ca Men project, represented by Nguyen Duc Nhat Thuan. This project specializes in providing local specialties in frozen packaging and now successfully exports to countries such as the USA, Canada, Australia and Great Britain.
The Ca Men project started as a small shop and has grown into a thriving business generating tens of billions of VND in sales. This success story shows how local resources and traditional products can achieve international success through the use of modern technology and innovative business models.
The second prize was awarded to two projects: one on the application of biotechnology and automation in the organic production of Cordyceps, represented by Tran Tai, and another in the field of experiential agritourism, presented by Nguyen Huu Nhon from Lam Dong. Both projects demonstrate how technology and creative approaches can contribute to supporting the rural economy.
In addition to the awards, some winning projects received financial support and advice to further develop their business ideas. This support is crucial to promote the innovative power of young entrepreneurs and to establish sustainable business models in rural areas.
The competition shows that integrating science and technology into agricultural development not only increases productivity but also contributes to the preservation of national culture. The winning projects are evidence of the potential of young Vietnamese to contribute to the country’s economic development through entrepreneurship and innovation.
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