$529 million funneled into Vietnam’s 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.
Legal system development can help innovative startups

Legal system development can help innovative startups

The innovation ecosystem in Vietnam has experienced strong developments in recent years thanks to special attention from Party and state leaders. The country’s investment sources for innovative startups have continued to increase.
Vietnam attends Global Entrepreneurship Congress 2023

Vietnam attends Global Entrepreneurship Congress 2023

A Vietnamese delegation led by Minister of Science and Technology Huynh Thanh Dat has attended the Global Entrepreneurship Congress 2023 in Melbourne.
Vietnamese startups raise $855 million in 2022

Vietnamese startups raise $855 million in 2022

Vietnamese startups secured $855 million in fresh funding in 2022, which is only one-third compared to the value in 2021, according to a recent report by Nextrans.
Startup ecosystem requires helping hand

Startup ecosystem requires helping hand

Big passion for establishing businesses with novel ideas from many Vietnamese people is creating a vivid startup ecosystem for the country. However, the community is longing for more favourable conditions for it to grow further.
Ascend Vietnam Ventures surpasses $50 million target

Ascend Vietnam Ventures surpasses $50 million target

Ascend Vietnam Ventures announced that it has exceeded its $50 million target for its flagship early-stage venture capital fund, AVV Alpha.
Utilising business angels to grow the startup ecosystem

Utilising business angels to grow the startup ecosystem

Vietnam’s great changes in legal framework on investment have significantly increased the country’s attraction to foreign capital inflows.
Action plan trio to boost Innovation

Action plan trio to boost Innovation

With growing interest among domestic and international venture capital funds, the Vietnamese government is now making the first concrete moves to unlock the resources for the development of a startup ecosystem, opening up a new chapter for the market.