vietnam and south korea sign mou to boost innovative startup development

Vietnam and South Korea sign MoU to boost innovative startup development

According to an MoU signed on July 3 between the Ministry of Science and Technology of Vietnam (MoST) and the Ministry of Small- and Medium-sized Enterprises and Startups of South Korea (MSS), both parties will enhance cooperation on the development of an innovative startup ecosystem.
funding halves for vietnamese tech startups in first half of 2024

Funding halves for Vietnamese tech startups in first half of 2024

Total funding into Vietnam tech startups dropped 52.7 per cent to $46.5 million in the first half of 2024, compared with $98.5 million in the first half of 2023, according to a report by Tracxn, a leading global SaaS-based market intelligence platform.
justmarkets wins double at 2024 uf awards

JustMarkets wins double at 2024 UF Awards

The 2024 iFX Expo International was held in Limassol, Cyprus between June 18-20, bringing together global brands, C-level professionals, startups, and fintech innovators to exchange experiences.
saas startups offer chance to scale up

SaaS startups offer chance to scale up

Vietnamese software-as-a-service startups are receiving funding to expand service offerings, from omnichannel to customer support and sales management.
ai models simplifying the teacher student dynamic

AI models simplifying the teacher-student dynamic

Vietnamese edtech startups are embracing investment in AI technology to sharpen their competitive edge, while also being mindful of the various barriers to break down.
climate tech startups grab unique opening

Climate tech startups grab unique opening

Vietnam’s climate tech startups have garnered significant interest from venture capital funds, with their potential to contribute to Vietnam’s commitment to achieve net-zero emissions by 2050.
innovative entrepreneurship for a high income vietnam

Innovative entrepreneurship for a high-income Vietnam

Vietnam has experienced one of the fastest growth episodes over the past 30 years. Sustaining it will require strong productivity increases. Productivity growth can be achieved by the entry and growth of innovative startups. Vietnam’s startups, however, face major obstacles such as limited contributions from the research sector, talent acquisition difficulties, and fragmented support policies.
japanese see potential with startup initiatives

Japanese see potential with startup initiatives

Amid slow capital flow into frontier financial markets, Japanese funding continues to flow into local startups to strengthen market footprint.
529 million funneled into vietnams startup ecosystem in 2023

$529 million funneled into Vietnam’s startup ecosystem in 2023

The total capital invested in Vietnamese tech startups amounted to $529 million in 2023, marking a 17 per cent decrease from the previous year, according to the Vietnam Innovation & Tech Report 2024.
vietnamese startups bag 357 million in first quarter of 2024

Vietnamese startups bag $35.7 million in first quarter of 2024

Vietnam's tech ecosystem received total funding of $35.7 million in the first quarter of 2024, according to a report released by Tracxn Technologies on April 2.
indonesia expands startups access to financing

Indonesia expands startups’ access to financing

Indonesia’s Cooperatives and Small and Medium Enterprises Ministry has continued to exert efforts to expand access to financing and investment to the country’s startup companies, Minister Teten Masduki said on March 27.
generative ai revolution powered by asia pacific startups

Generative AI revolution powered by Asia-Pacific startups

Startups have consistently been at the cutting edge of innovation, and in the age of generative AI, they are poised to harness this technology to transform customer experiences and the way we work.
innovation startups eager for further supporting policies

Innovation startups eager for further supporting policies

While innovation startups and businesses seek supporting policies to further develop, more moves are nevertheless being planned. Pham Hong Quat, director general of the National Agency for Technology Entrepreneurship and Commercialisation Development under the Ministry of Science and Technology, discussed with VIR’s Bich Thuy what these moves entail.
citi uniquely positioned to bring a global network across vietnam

Citi uniquely positioned to bring a global network across Vietnam

There are various barriers in terms of liquidity and the funding ecosystem for startups in the region. Udhay Furtado, co-head of Asia Equity Capital Markets at Citi, talked to VIR’s Linh Le about Asia’s capital market performance and emphasises Vietnam’s attractiveness.
innovation for future communities

Innovation for future communities

Official development assistance can act as the playing field for nations. Vietnam is no exception, having benefited from such assistance over the years in the building of many structures and systems up and down the country. Now, the Korea International Cooperation Agency, which launched the Creative Technology Solution programme several years ago with the idea of attracting entrepreneurs and startups to work on solving complex developmental challenges, offers new examples of innovators in the development cooperation space and how they meet evolving challenges for Vietnam’s future.