Ho Chi Minh City, March 17 -- A new pilot policy scheme designed to promote the commercialisation of research outcomes and intellectual property with funding from the State budget is expected to address long-standing bottlenecks and help bridge the gap between research and real-world application in Ho Chi Minh City. In recent years, the city has achieved notable progress in supporting innovation and startups. Since 2016, the Ho Chi Minh City Innovation and Startup Centre has assisted more than 500 startup projects, around 150 of which have begun commercialising their products and generating economic value. However, only about 20% of these projects have managed to connect with venture capital funds or major enterprises, largely due to the ...