Over US$4.6 billion poured into Vietnamese startups in past decade
Technological innovation has become an important factor driving Vietnam's sustainable economic development amid the uncertain global economic issues.
Technological innovation has become an important factor driving Vietnam's sustainable economic development amid the uncertain global economic issues.
Check out the latest news about Vietnam.
Vietnam, along with Indonesia and Singapore, remains a golden triangle for startup development in Southeast Asia.
The Vietnamese Government recognizes that tech startups are the new engines of growth for the country.
E-commerce accounts for less than 5% of retail in Vietnam, meanwhile, it is one-third in China. That means the country's growth potential is huge.
Ascend Vietnam Ventures has exceeded its US$50 million target for its flagship early-stage venture capital fund, AVV Alpha.
Vietnam remained third in Southeast Asia, behind Singapore and Indonesia, in terms of the number of investments and amount of funding for startups.