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Speaking at the event, First Secretary of the Ho Chi Minh Communist Youth Union (HCYU) Central Committee Le Quoc Phong, who is also President of the Vietnamese Students Association, highlighted the significance of the center’s formation, expressing his belief that the center will promote support for youths’ startup in the future.

He expected that through the center, youths nationwide will have opportunities to learn experience and receive assistance from entrepreneurs for their startup plans.

The center will provide advice and support, and connect youths’ ideas for setting up shop, focusing on managing investment capital and loans of the VYU and HCYU Central Committees, and cooperating with ministries, sectors and organizations in implementing ideas related to startup and creativeness of young people.

It will also act a bridge to connect youths with enterprises and organizations, which will help them develop business ideas.

Earlier the same day, the VYU Central Committee and UBer BV Company signed an agreement on cooperation in organizing the program UberEXCHANGE - Smart startup, which aims to provide information and experience concerning management, law, communications, policy-making, and product development, for startup businesses of Vietnamese youths.

Source: VNA