ROA Invention Lab Inc. signed a three-player MoU to conduct eight-star accreditation for Vietnam’s entry into the RISING X program, along with Ho Chi Minh’s start-up hub SIHUB and Nemo Partners ICG under the Ministry of Science and ICT of Vietnam.
ROA Invention Lab Inc. and SIHUB will introduce Korea’s promising start-up in Vietnam through this agreement and plan to explore ways to grow in Vietnam’s local market. The eight start-up teams finally selected in RISING X in October this year will stay in Ho Chi Minh for a week and will hold meetings with local investors in Vietnam, lectures on local market experts, and collaboration with local start-ups. And culture, and get practical help for local advancement. On October 10, a local demonstration day will be held at the SIHUB Innovation Center, where local VCs in Vietnam, institutional employees and start-ups are attending.
HUYNH KIM TUOC (Director of SIHUB) said that the agreement promises to be an opportunity to start up exchanges between Vietnam and Korea and to introduce Korea’s excellent technology to Vietnam and to develop it together.
Kim Jin-young, CEO of ROA Invention Lab Inc., said he hopes Korea’s promising start-up will be a stepping-stone for business opportunities not only in Korea but also in Asia, a growing Asian country.
The RISING X program is a global accler rating program of ROA Invention Lab Inc., Which is sponsored by the Ministry of Science and ICT and sponsored by the NIPA-sponsored “K-Global Accelerator Support Program.” RISING X supports the advancement of the global market by finding promising artificial intelligence start-ups targeting Thailand and Vietnam, which are emerging as emerging Asian countries.