Vietnamese Startups

2023 is predicted to be a challenging year for Vietnamese startups, but it is also an opportunity for those who will recalibrate their business models in a slower but sustainable direction.

A number of supportive policies over the past years have enabled Vietnam to create room for domestic startups to grow, especially in areas where Vietnam is on par with other countries.

With users in more than 130 countries, VNG aims to reach 320 million customers globally in 2023.

Of the 50 selected startups, 25 are based in Hanoi and will begin the program in November.

This year's event brought together more than 100 pitchings from leading startups from 19 countries on five continents to call for investment.

The Vietnamese Government has issued many mechanisms and policies to attract foreign-invested enterprises, including foreign tech startups.