Startups are young companies that develop unique products or services. COVID-19 negatively impacted Vietnam's economy through job losses and reduced GDP growth. A survey found most Vietnamese view startups positively as a solution to economic problems during the pandemic. Startups provide benefits like job creation, competition, and innovation, but face challenges like funding and competition. The document proposes preparations, clear goals, and digitalization as solutions for startups. It concludes that collaboration between individuals and government can promote startups and help economic development.
Startups are young companies that develop unique products or services. COVID-19 negatively impacted Vietnam's economy through job losses and reduced GDP growth. A survey found most Vietnamese view startups positively as a solution to economic problems during the pandemic. Startups provide benefits like job creation, competition, and innovation, but face challenges like funding and competition. The document proposes preparations, clear goals, and digitalization as solutions for startups. It concludes that collaboration between individuals and government can promote startups and help economic development.
Startups are young companies that develop unique products or services. COVID-19 negatively impacted Vietnam's economy through job losses and reduced GDP growth. A survey found most Vietnamese view startups positively as a solution to economic problems during the pandemic. Startups provide benefits like job creation, competition, and innovation, but face challenges like funding and competition. The document proposes preparations, clear goals, and digitalization as solutions for startups. It concludes that collaboration between individuals and government can promote startups and help economic development.
economy Comments Main content Positive Negative Introduction 1. Definition - Startups are young companies founded to develop a unique product or service. - Aims to create an entirely new template.” 2. Effects of COVID-19 on Vietnam’s economy - Mid-April 2020, nearly 5 million people have lost their jobs. - Vietnam’s GDP growth hit Mention the source roughly 3.82 percent in the first so we know that it quarter, the lowest since 2010. is reliable - More than 2/3 (66.9%) of Vietnamese participants reporting a reduction in their family income. => “Startup is a viable solution to reinvigorate the national economy during COVID-19 and benefits it in the long run.” Methodolog 1. Survey - Carrying out a y - Total participants: 168 survey is always a Vietnamese citizens of all ages. good idea to back up your point, yet we don’t know what you are trying to prove here as it was never mentioned - Result: + 94,6% rated the level of social interest in startups as beyond average + 91% thought of the startup - Solution to model as a necessary solution to improve the the pandemic economy in the pandemic, not to the pandemic - There was no + 69% know about the startup conclusion made at model through TV shows, the end so the following this is social media with survey seems quite 67,3%. unneccessary + 146/168 respondents claimed to have watched ‘Shark Tank’ => 92,5% assess ‘Shark Tank’ as a relatively effective way to promote startup trend and pave the way for startups’ development. 2. Interview - Show the interview video instead of just the pictures
- Participants: 2 different What are their
entrepreneurs that belongs to 2 qualifications? Why different age groups did you choose them?
- Results: - You only
+ In terms of benefits => interviewed 2 authenticate common benefits people yet you + Through the interview came to a with a grown-up businessman conclusion for all => authenticate problems that entrepreneurs most startups confront => don’t you think that’s a little biased? Features 1. Benefits This part proves that - Economically you have done your + Advancing employment patterns researches carefully + Injecting competition yet not all of us => Enhancing productivity know much about + Accelerating structural change business so you - Socially should explain it in a +Spurring innovation and way that everyone - How is this a revolutionary technology could understand social effect? + Breaking away from tradition, and not just business - Give examples reducing dependence on obsolete experts. systems - Individually + Personalization + Versatility + Flexibility 2. Problems - Ineffective plan - Fierce competition - Overregulated economy - Demand to keep up with industrial trends and changes 3. COVID-19 impact You have already - Positive: mentioned COVID- + Stimulate creativity, devising 19 impact before new ideas + Introduce (or upscale) radical innovations + Induce persistent changes - Negative + 3,000 businesses have closed in Sources? the first two months of 2020 + 70% of start-ups have had to terminate contracts of full-time employees + 72% of startups saw their revenue declined Solution 1. Preparation I can see that you - Join startup seminars/ worked hard on this workshops/curriculum project as your to gain theoretical knowledge unstandings about - Equip themselves with a great the topic is really deal of hands-on experience detailed. 2. Aim - Truly understand what you are doing to draw out a clear path for your business - Have products that are meaningful for the society 3. Method - Organize competitions: + Propose ideas and go through challenges to win the chance to gain investment from the government. Help startups coping with financial -issues - Digitize your business model - Create apps, websites - Example: Grab app - It was clever of you to use this example to back up your point Conclusion - Our findings advance our thesis Overall: All of the members, especially statement Hồng Anh and Hà Anh, presented really - To minimize existing problems well and this is a very unique topic that can and promote the startup trend, easily intrigued the audience. However, individuals and government some part of the presentation was still should join hands in utilizing the unclear, like the survey, you should include model to develop the economy. why you carried it out and conclude the results.