Green business competition launched 09/05/2011

The British Council has launched an eco-friendly business competition for entrepreneurs.

Up to six cash prizes worth VND720 million will be awarded to those shortlisted. There are two prize categories – start-ups (worth VND100 million [US$4,800] each) and step-ups (for existing projects), worth VND140 million each.

A similar competition has been launched in other Asia Pacific countries including Australia, China, Japan, Indonesia, South Korea and Thailand.

Entries, which should be submitted by July 3, have to clearly address some of the biggest environmental challenges facing local urban communities, and solutions to those problems. These include waste reduction and efficiency, environmental transport and travel, energy reduction, water efficiency and sustainable design.

Robin Rickard, the British Council Viet Nam director, said Viet Nam was a fast-moving dynamic and truly entrepreneurial country. However, he said it was also one of the countries most at risk from climate change.

"We know from our experience of working with young people that this scenario has prompted huge concern for the environment," he said. "Against this backdrop we are convinced that Viet Nam will be well represented among the future's eco entrepreneurs and we want to help."

The competition is co-organised by the British Council and Lloyd's Register Quality Assurance,

For more information, go to

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