Creative Young Entrepreneur 2026 showcases five young businesses

The Creative Young Entrepreneur (CYE) competition concluded in Hanoi on October 16, highlighting five innovative young businesses. AirX Carbon secured first place with its Netzero Pallet product line, which utilizes bio-based materials to reduce reliance on wood and plastic in logistics. The company's product is already available in six markets: Vietnam, Singapore, Japan, South Korea, Australia, and the US.

IBAS came in second, showcasing a microbial technology that enables shrimp farming partners to produce biomass directly at farming sites, eliminating the need for transportation. The company currently works with over 200 farming households across 130 hectares. Blue Ocean Community achieved third place for its ecosystem that connects Vietnamese professionals with remote employment opportunities in international markets, offering learning communities, mentorship, and recruitment services.

Ngu Thuyen Hueritage received honorable mention for its experiential tourism business on the Huong River in Hue city, which combines sightseeing, dining, cultural performances, and local insights. The business began operations in 2025 and has generated 2.1 million views on Meta Business Suite. Real Bean Coffee won the Breakthrough Product Award for its Fine Robusta coffee development model, which directly connects production with end markets, working with over 200 farming households.

The CYE 2026 competition focused on businesses that had moved beyond the idea stage and were validating their models in the market. Organizers noted that the diverse range of industries and innovative business models displayed by the top five entrepreneurs demonstrated an experimental mindset and adaptability.