BK-Holdings — Hanoi University of Science and Technology's Public University Tech-Transfer Company

In March 2008, Hanoi University of Science and Technology (HUST) received government approval to establish BK-Holdings, described by the university and Vietnamese press as one of the first university-run business entities of its kind in Vietnam.

BK-Holdings coordinates a network reported by HUST as spanning 25 training and research institutions and around 150 research groups, managing on the order of 400 projects a year, to move HUST research toward industrial application.

The clearest documented transaction is a 2010 licensing agreement transferring HUST's tricolour compact-fluorescent-powder technology to Rạng Đông Light Source for VND 6.8 billion (~US$296,000). BK-Holdings has since diversified into venture support: its BK Fund raised close to VND 20 billion ahead of a January 2021 launch, and the group reports having supported more than 100 startups and 500 mentors since inception.

Vietnamese press coverage as recently as 2018 described BK-Holdings as 'a rarity even now' among Vietnamese universities, attributing the slow spread of the model partly to universities' limited capital for spinning out equipment and facilities.