TL;DR: Startups in Vietnam News, November 2026: Rankings, Funding Gaps and How to Enter
Startups in Vietnam news, November, 2026 shows you a market that climbed to #50 globally and #5 in Southeast Asia. If you act now, you can still gain an early foothold before the terms get set.
- The Vietnamese startup ecosystem is growing fast. It counts 4,000+ startups, 208 VC funds, 1,400+ support organizations and two unicorns. Vietnam jumped eight places in StartupBlink's index since 2023.
- Funding is the bottleneck. StartupBlink tracks only 971 startups, with about $273.78 million in total funding, or roughly $282,000 each. About three in four Vietnamese startups stay invisible to global investors.
- Sectors with government backing attract the most money. AI, agritech, green tech and the creative economy benefit from Resolution 57 and the cultural industries strategy. Techcoop's $70M Series A and Filum AI's $1M round show where money flows.
- Asian investors lead Vietnam venture capital. Korean, Japanese and Singaporean funds write the larger cheques. European VCs are scarce.
- The author's playbook: Violetta Bonenkamp (Mean CEO, founder of CADChain and Fe/male Switch) advises the following:
- Pick one policy-backed sector.
- Map investors before customers.
- Build no-code prototypes.
- Protect your IP early.
- Get listed on global databases.
To see how fast things move, compare this edition with the October 2026 Vietnam update and the regional startup funding statistics. Then shortlist one sector this week and line up five customer interviews. The founders who test ideas in Vietnam in 2026 will set the terms for 2030.
Check out other fresh startup news and trends that you might like:
Startups in New Zealand News | November, 2026 (STARTUP EDITION)
Startups in Vietnam news for November 2026 tells one clear story: Vietnam has moved from a “maybe later” market to a serious contender in Southeast Asia, and founders who keep postponing their research are already late. The country now counts over 4,000 startups, more than 1,400 support organizations and over 200 venture capital funds. It also climbed to 50th place globally and 5th in Southeast Asia in the StartupBlink 2026 Global Startup Ecosystem Index. I am Violetta Bonenkamp, also known as Mean CEO. I run CADChain, a deeptech company focused on IP protection for CAD files, and Fe/male Switch, a game-based startup incubator, so I read these numbers as a European founder who builds things and asks, “Where is the real opportunity, and where is the hype?”
This article is my analysis of where the Vietnamese startup ecosystem stands in late 2026. It covers the statistics that matter, the sectors attracting capital, the policy shifts behind the growth, the investors to know and the companies to watch. You will also get a step-by-step guide for entering the market, a list of mistakes I see founders make when they approach emerging ecosystems, and my blunt take on what the headlines leave out. Let’s break it down.
What is happening with startups in Vietnam in November 2026?
The short answer: Vietnam’s startup ecosystem is entering what local ecosystem builders call a new phase of growth. In a September 2026 interview series, TNGlobal’s Discover Vietnam Tech report on the new growth phase of Vietnam’s startup ecosystem described a market shaped by three forces: rising investment in artificial intelligence and deep tech, a shift toward green technologies, and a creative economy built around Vietnamese cultural heritage.
Here is the snapshot every founder should keep on one screen:
- 4,000+ startups by the end of 2024, according to Vietnam’s Ministry of Science and Technology (MoST).
- 2 unicorns (startups worth over $1 billion) and 11 companies worth over $100 million.
- 1,400+ support organizations, including 202 co-working spaces, 35 business accelerators and 79 incubators.
- 208 venture capital funds active in the ecosystem.
- About 170 universities and colleges running startup activities.
- 20+ startup centers set up at local and national levels.
- Rank #50 globally and #5 in Southeast Asia in StartupBlink’s 2026 index.
- +67.9% ecosystem growth in 2026, according to StartupBlink’s scoring.
Those numbers look strong on paper. The interesting part starts when you compare them with each other, so let’s do that next.
Which Vietnam startup statistics actually matter for founders?
Raw counts make nice slides. Ratios and gaps tell you where to act. I pulled the figures from VnEconomy’s analysis of the sustained success of Vietnam’s startup ecosystem and the StartupBlink Vietnam startup ecosystem profile, then ran some simple math.
The ranking climb is fast
- 2023: 58th globally
- 2024: 56th globally
- 2026: 50th globally, 5th in Southeast Asia
That is EIGHT places in three years. Rankings move slowly at this level because every country in the index is also building. Climbing eight spots means Vietnam is outpacing peers, and investors notice momentum long before they notice absolute size.
The shocking gap: 4,000 startups versus 971 tracked
Government data counts over 4,000 startups. StartupBlink tracks 971 with visible global footprints and reports total startup funding of over $273.78 million. Divide that funding by 971 and you get roughly $282,000 per tracked startup. Methodologies differ, so treat this as a signal and avoid treating it as an audit. The signal is clear anyway: roughly three out of four Vietnamese startups are INVISIBLE to international databases, and the capital that does flow is still thin per company.
Here is another uncomfortable comparison. Back in 2019, according to Vietcetera’s report on government and investor support for Vietnam’s growing startup ecosystem, Vietnamese-owned startups raised $246 million. The ecosystem has grown in headcount, support organizations and global rank since then, yet the tracked funding figure sits in a similar range. For founders, this means competition for capital is fierce, and the startups that win are the ones with visible traction, international readiness and clean paperwork.
Support density is high, capital density is lower
- 1 support organization for every ~3 startups (1,400 vs 4,000)
- 1 VC fund for every ~19 startups (208 vs 4,000)
- 114 incubators and accelerators combined (79 + 35)
- ~23 startups per university engaged in startup activities (4,000 vs 170)
My read: Vietnam has built plenty of scaffolding around founders. Mentoring, events and co-working are easy to find. Cheques remain the bottleneck. That matches what I have seen in Europe for years, where founders collect accelerator certificates while their bank accounts stay empty.
Historical context: Vietnam already punched above its weight
In the first half of 2020, a Do Ventures report found Vietnam took 16% of total tech startup investment in Southeast Asia, ranking third behind Singapore (37%) and Indonesia (30%). The Vietnam tech investment report 2023 by the National Center for Startups (NIC) also cites Google, Temasek and Bain & Company data projecting 31% digital economy growth between 2022 and 2025, the highest in Southeast Asia. On top of that, at the Vietnam Venture Summit 2022, 41 VCs pledged $1.5 billion for Vietnamese startups for 2023 to 2025, with investors from Korea, Japan, Singapore, Indonesia, the US and Vietnam.
Which sectors are attracting startups and investors in Vietnam?
Sector choice decides how hard your fundraising will be. Here are the areas with the strongest pull in late 2026, with real examples.
1. Artificial intelligence and deep tech
AI is the headline sector. In March 2025, local AI startup Filum AI raised $1 million from Nextrans, VinVentures, TheVentures and strategic partners. CEO Tran Van Vien said: “As AI becomes an irreversible global trend, we hope this deal will unlock greater collaboration opportunities not only in funding but also in strategy and technology, helping Vietnam become a leading AI hub in the region.” VinVentures, the corporate venture arm of Vingroup, focuses on AI and data, semiconductors, cloud computing, robotics and battery technology, with portfolio names such as VinAI, VinBrain and Filum.ai.
2. Agritech and green technologies
The biggest early deal of 2025 came from agriculture. In February 2025, agritech startup Techcoop raised $70 million in a Series A led by TNB Aura from Singapore and Ascend Vietnam Ventures. A $70 million Series A is huge for any market, and it shows that investors see Vietnam’s agricultural backbone as a tech opportunity. Electric mobility also belongs here: Dat Bike, the electric motorbike maker, has secured $41.9 million in funding, according to Failory’s list of the top 100 Vietnam startups to watch in 2026.
3. Creative economy and cultural industries
Vietnam’s cultural industries strategy is now strongly encouraged by the government. That opens doors for startups working at the intersection of heritage, tourism, digital content and creativity. As someone who builds a game-based incubator, I find this sector underrated. Games, interactive storytelling and edtech built on local culture travel well across borders, and they need far less capital than hardware.
4. Fintech, e-commerce and payments
This is the mature sector. VNLIFE, the e-commerce and payments company, leads Failory’s list with $550 million in total funding. Older names like VNG, Tiki and VNPay helped put Vietnam on the regional map. Fintech is crowded now, so newcomers need a sharp niche.
5. Healthtech, proptech and SaaS
- Gene Solutions offers accessible genetic testing for reproductive health and early cancer detection using next-generation sequencing.
- Meey Land Group builds AI tools to speed up real estate transactions and increase asset liquidity.
- KiotViet, Coc Coc and Pharmacity appear among the top-ranked names on StartupBlink’s ranking of top startups in Vietnam, which lists 713 companies ranked by investment, team size and web traffic.
What government policies are shaping Vietnam’s startup ecosystem?
Policy in Vietnam has shifted from broad encouragement to targeted, resource-backed initiatives. If you come from Europe, think of it as the difference between a ministry press release and an actual budget line.
- Resolution 57-NQ/TW (December 22, 2024): positions science, technology and national digital change as the foundation for double-digit economic growth.
- Politburo resolutions (May 2025): a set of breakthrough resolutions designed to move the economy from management to service, and from protectionism to competition and creativity.
- Cultural industries strategy: encourages startups combining heritage, tourism and digital content.
- Ho Chi Minh City startup plan: a target of 1,000 startup projects by 2025, helping 3,000 businesses improve their capacity for new products and 100 access venture capital.
My European lens here: when a government ties technology to a double-digit GDP target, procurement, grants and pilot programs follow. Founders who learn how public programs work in Vietnam get early customers and credibility. I have taken CADChain through national and EU-level grant programs, and the lesson travels: public money comes with paperwork, and the founders who prepare that paperwork early move faster.
Who is investing in startups in Vietnam?
Knowing the investor map saves months of cold emails. Here are names that appear repeatedly in the 2025 and 2026 data, many of them featured in JDI Group’s guide to the top VC funding firms for startups in Vietnam in 2026.
- VinVentures: corporate VC of Vingroup, early to growth stage, deep tech focus.
- Touchstone Partners: one of the most active early-stage firms, focused on climate, agriculture, education, healthcare and inclusive digital products.
- Pegasus Tech Ventures: Silicon Valley firm with a corporate partner network across Japan, the US and Europe, and founder of the Startup World Cup competition.
- 500 Global (formerly 500 Startups Vietnam): seed-stage investor in ELSA, Trusting Social, Axie Infinity and Base.vn. See the 500 Startups Vietnam company page on LinkedIn.
- Ascend Vietnam Ventures and TNB Aura: co-led Techcoop’s $70 million Series A.
- Nextrans and TheVentures: Korean-backed investors active in Vietnamese AI deals.
- Genesia Ventures: Japanese early-stage investor active in the region.
Notice the pattern: Korean, Japanese and Singaporean money dominates the foreign side. European VCs are thin on the ground. For European founders, that is both a gap and a FOMO signal. The investors who will set the terms in Vietnam over the next five years are already there, and they are mostly Asian.
What does a European serial entrepreneur see in Vietnam that headlines miss?
I have run startups in parallel for years, gone through programs like Yes!Delft, Y Combinator Startup School and Microsoft for Startups, and represented CADChain as one of 12 startups selected by the OECD for the Global Blockchain Policy Forum. Here are my honest takes on Vietnam, including a few that may sting.
Take 1: Vietnam has an IP problem waiting to happen
Deep tech, AI, semiconductors and creative content all live or die on intellectual property. When thousands of young companies build fast, IP hygiene usually comes last. I built CADChain because engineers and designers lose ownership of their files every day without noticing. My principle is simple: protection and compliance should be invisible, built into the tools people already use. Vietnamese startups that bake IP protection into their workflow from day one will look far more investable to foreign funds doing due diligence.
Take 2: The 1,400 support organizations need skin in the game
One support organization for every three startups sounds generous. My experience says many support programs produce certificates and very few customers. I designed Fe/male Switch around the idea that gamification without skin in the game is useless. Founders need tasks tied to real outcomes: a signed letter of intent, a validated experiment, a working prototype. If you join a Vietnamese incubator, judge it by the deals and customer conversations it produces, and ignore the number of workshops.
Take 3: No-code and AI are Vietnam’s secret weapon for capital-light growth
With roughly $282,000 in tracked funding per visible startup, Vietnamese founders cannot burn money on large engineering teams before they prove demand. My rule: default to no-code until you hit a hard wall. I built an entire educational role-playing game and incubator with no-code tools. Vietnamese founders, with strong technical talent and low costs, can combine no-code prototyping with AI agents acting as a mini-team for research, content and process work. That is how small teams compete with well-funded regional rivals.
Take 4: Women founders are an untapped pipeline
The data on Vietnam’s ecosystem says little about gender, and that silence is telling. I treat diversity as a systems problem. Women are capable and motivated; what they need is infrastructure: networks, capital access, IP knowledge and a safe place to practice pitching and negotiating before real money is at stake. With 170 universities running startup activities, Vietnam has the perfect channel to build that pipeline. Whoever does it first will find founders other investors overlooked.
Take 5: The creative economy is the sleeper sector
Everyone chases AI. Fewer people notice that Vietnam’s cultural heritage, gaming talent and digital content skills could produce globally exportable products at a fraction of deep tech costs. Play and narrative are serious cognitive tools for adults. I see a big opening for Vietnamese edtech and game studios that blend local stories with global learning needs.
How can foreign founders enter the Vietnamese startup ecosystem? A step-by-step guide
Treat market entry like a strategic game. The goal is to collect information, assets and relationships faster than competitors, with small and cheap tests. Here is the playbook I would follow.
- Pick one sector with policy tailwind. AI, agritech, green tech and the creative economy all have government backing under Resolution 57 and the cultural industries strategy.
- Map the investors before you map the customers. Study portfolios of VinVentures, Touchstone Partners, 500 Global and Ascend Vietnam Ventures to see which problems they already fund.
- Choose your city with intent. Ho Chi Minh City has the densest startup scene and its own startup targets. Hanoi sits closer to national policymakers.
- Run five customer interviews remotely first. Use LinkedIn, local founder groups and university networks before booking a flight.
- Build a no-code prototype. Validate the core mechanic with local users before hiring developers.
- Secure your IP early. Register trademarks and document ownership of code, designs and files before you share them with partners.
- Find a local co-founder or partner. Language, regulation and relationships move faster with someone on the ground.
- Join one accelerator, carefully selected. Out of 35 accelerators and 79 incubators, pick the one with the strongest investor connections in your sector.
- Apply to regional competitions. The Startup World Cup and summits like the Vietnam Venture Summit put you in front of dozens of funds in one room.
- Get listed on global databases. Create profiles on StartupBlink, Crunchbase and similar platforms so foreign investors can find you.
What mistakes should founders avoid when building startups in Vietnam?
I have watched founders repeat the same errors in Europe, Asia and the US. These are the ones that hurt most in an emerging ecosystem like Vietnam.
- Staying invisible. If 3 out of 4 startups do not appear in global databases, foreign investors cannot find them. Build a public footprint.
- Collecting programs instead of customers. Accelerator logos impress nobody without revenue or validated demand.
- Ignoring IP until a dispute appears. Fixing ownership problems during due diligence can kill a round.
- Copying Silicon Valley playbooks blindly. Vietnamese consumer behavior, payment habits and regulation differ. Use contextual playbooks.
- Hiring a full tech team too early. With limited capital per startup, every month of runway counts.
- Chasing crowded fintech niches. VNLIFE and VNPay already own large parts of payments. Find underserved verticals.
- Treating the government as background noise. Resolutions with growth targets bring pilots, grants and procurement deals.
- Pitching only to local funds. Korean, Japanese and Singaporean investors are writing the larger cheques.
- Thinking only domestic. Vietnam’s population lets you test locally, then expand. Plan the regional step from day one.
Is Vietnam a better bet than Singapore or Indonesia for startups?
It depends on your stage and model. Here is how I would frame the choice:
- Singapore: best for headquarters, legal structure and regional fundraising. High costs, fierce competition for talent.
- Indonesia: the largest consumer market in Southeast Asia, with deep VC activity and big scale potential.
- Vietnam: strong technical talent, lower costs, fast ranking growth, government backing for tech and a population large enough to test products locally before going international.
Many founders combine them: a Singapore holding entity, a Vietnam product and engineering base, and Indonesia as the first expansion market. As a parallel entrepreneur, I like setups where knowledge, infrastructure and networks get reused across markets instead of starting from zero each time.
Frequently asked questions about startups in Vietnam
How many startups are in Vietnam?
Vietnam had over 4,000 startups by the end of 2024, according to the Ministry of Science and Technology. StartupBlink tracks 971 of them with a visible global footprint.
Where does Vietnam rank among global startup ecosystems?
Vietnam ranks 50th globally and 5th in Southeast Asia in StartupBlink’s 2026 Global Startup Ecosystem Index, up from 58th in 2023 and 56th in 2024.
How many unicorns does Vietnam have?
Vietnam had two unicorns and eleven startups worth over $100 million by the end of 2024.
Which sectors are growing fastest in Vietnam?
Artificial intelligence, deep tech, agritech, green technologies and the creative economy lead in 2026, with fintech and e-commerce as the mature base.
What challenges do Vietnamese startups face?
An overview shared on Scribd’s document on the Vietnamese start-ups ecosystem lists slow reforms, funding access and a fragmented ecosystem as the main barriers, particularly in e-commerce and logistics. I would add weak IP hygiene and low international visibility.
What should entrepreneurs do next about Vietnam?
The Startups in Vietnam news for November 2026 shows a country climbing global rankings fast, backed by government resolutions that tie technology to double-digit growth, with over 4,000 startups and more than 200 VC funds. It also shows a capital gap, a visibility gap and an IP risk that most headlines skip. Those gaps are exactly where founders, freelancers and investors can find an edge.
Here are your next steps:
- This week: read the TNGlobal series and the StartupBlink Vietnam profile, then shortlist one sector.
- This month: run five remote customer interviews and map three investors whose portfolios match your idea.
- This quarter: build a no-code prototype, secure your IP and apply to one accelerator or competition with real investor access.
My final word as Mean CEO: “Education must be experiential and slightly uncomfortable.” The same applies to markets. Reading about Vietnam is safe. Testing an idea there, with real users and real investors, is slightly uncomfortable, and that discomfort is where you learn faster than everyone still watching from the sidelines. The founders who move in 2026 will set the terms for 2030.
People Also Ask:
What is the startup scene in Vietnam?
Startups in Vietnam are young, fast-growing companies built around new business models or technology. Most are based in Ho Chi Minh City, Hanoi and Da Nang. The ecosystem has grown quickly over the past decade, helped by a young, tech-savvy population, high smartphone use and rising interest from local and foreign investors. Recent reports count around 5,500 startups in operation, with about $3.2 billion raised in funding.
What are the top startups in Vietnam?
The best-known names are VNG (gaming and the Zalo messaging app), MoMo (e-wallet), VNLife/VNPay (digital payments) and Sky Mavis (maker of Axie Infinity). All four have reached unicorn status. Other well-funded names include Tiki and Sendo (e-commerce), Giao Hang Nhanh (logistics), Be Group (ride-hailing), Kyber Network (crypto), ELSA (English learning) and Base.vn (business software).
Is $1000 USD a lot in Vietnam?
Yes, for most people. $1,000 converts to roughly 25, 26 million VND, several times the average monthly income of around 8 million VND. A single person can live comfortably on $1,000 a month in most Vietnamese cities, covering rent for a modern apartment, food, transport and leisure. In central Ho Chi Minh City or Hanoi, the same amount pays for a modest but pleasant lifestyle. Western-style housing and imported goods will push costs higher.
Is it true that 90% of startups fail?
The 90% figure is widely cited and works as a rough long-term estimate across global studies. About 10% of startups fail within the first year. The failure rate climbs over time, and most failures happen between years two and five. Common reasons include running out of cash, building something with no real market need, weak teams and strong competition. Vietnamese startups face similar odds, and gaps in late-stage funding can make survival harder.
What is the #1 cause of death in Vietnam?
According to the World Health Organization, stroke is the leading single cause of death in Vietnam. Cardiovascular diseases as a group, including stroke and heart disease, account for the largest share of deaths. Noncommunicable diseases such as heart disease, cancer, chronic lung disease and diabetes together cause roughly 80% of all deaths in the country. These are linked to high blood pressure, smoking, alcohol use and diet.
How many startups are there in Vietnam?
Recent reports put the number at around 5,500 startups. They have raised about $3.2 billion in combined funding. Broader business activity is also high: Vietnam recorded more than 195,000 newly registered businesses in 2025. This points to a market open to new business models.
Which industries attract the most startups in Vietnam?
Fintech is the largest sector, with e-wallets, digital banking and payment apps drawing the most investment. E-commerce, logistics, edtech, healthtech, gaming, proptech, agritech and software for small businesses also attract strong interest. A growing middle class and widespread online shopping shape which sectors get funded.
How do startups in Vietnam get funding?
Early-stage founders often rely on personal savings, family and angel investors. Accelerators and incubators such as Zone Startups Vietnam, VIISA and Startup Vietnam Foundation provide mentoring and seed capital. Larger rounds come from venture capital firms like Do Ventures, ThinkZone Ventures, 500 Global, Golden Gate Ventures and Quest Ventures. Investors from Singapore, Japan, South Korea and the US also back Vietnamese startups. Government programs such as Project 844 add training and other support.
Can foreigners start a business in Vietnam?
Yes. Foreigners can set up a 100% foreign-owned company in most sectors, usually as a limited liability company. The process requires an Investment Registration Certificate (IRC), an Enterprise Registration Certificate (ERC), a registered office address and sometimes proof of capital. Some industries, such as telecommunications and media, have ownership limits or need extra licenses. Many foreign founders hire local law firms or consultants to handle the paperwork, which can take one to three months.
What challenges do startups in Vietnam face?
Founders deal with complicated administrative procedures and unclear rules for newer sectors like crypto and fintech. Late-stage funding has been limited since venture investment slowed after 2022. Hiring senior tech talent is competitive, and exits through IPOs or acquisitions remain rare. Many startups register holding companies in Singapore to attract foreign investors, which adds cost and paperwork.
FAQ on Startups in Vietnam in 2026
Why do Vietnam startup counts vary so much between sources?
Each source measures differently. MoST counts innovative startups, StartupBlink profiles 971 with global footprints and ranks 713, and broader databases list over 16,000 companies, often including older or inactive firms. In pitch decks and market reports, always name your source and methodology so investors trust your sizing. Explore StartupBlink's ranked list of top Vietnamese startups
Is Vietnam's early-2026 funding slowdown a red flag for founders?
Not necessarily. Mega-deals skew Southeast Asian totals, and Singapore captured about 96.6% of regional funding, so Vietnam's numbers look small by comparison. Vietnam still shows early-stage momentum and growing debt financing. Founders should model revenue-based financing or venture debt alongside equity rounds. See where startup capital flows by region in 2026
Why do many Vietnamese founders set up Singapore holding companies?
Later-stage funding is scarce locally, and many foreign VCs prefer Singapore law, familiar share structures and easier exits. A Singapore holding company with a Vietnamese operating subsidiary often makes fundraising smoother. Get tax and foreign-ownership advice before restructuring, because doing it after a term sheet is slow and expensive. Read the October 2026 Vietnam startup news on holding structures
What can founders learn from Hanoi's must-watch startups?
Hanoi startups show how to price for local budgets and adapt global tech to Vietnamese conditions. SoBanHang sells payment and inventory tools to micro-businesses from $5 a month. VinAI trains autonomous driving systems on Asian traffic, and Nano Technologies offers earned-wage access. Copy their hyper-local focus. Discover Hanoi's top startups to watch in 2026
Which Ho Chi Minh City startups should investors keep on their radar?
Ho Chi Minh City combines consumer scale with infrastructure plays. Pharmacity runs digitally enabled pharmacy retail, and VNG spans gaming, e-commerce and social media. MindX trains coders to close the talent gap, and Ventuso builds private cellular networks for industry. Track hiring, partnerships and follow-on rounds as traction signals. Check out Ho Chi Minh City's must-watch startups
How can Vietnamese startups use LinkedIn to attract foreign investors?
Korean, Japanese and Singaporean VCs usually check founders online before replying. Publish English updates on traction, customer wins and product milestones. Keep founder profiles complete and engage with partners at your target funds. Consistent posting builds the credibility that local accelerator certificates rarely provide to overseas investors. Master LinkedIn for startups in 2026
Does VinVentures only invest in Vietnamese startups?
No. Vingroup's corporate VC arm also backs international deep tech firms such as StoreDot, ProLogium and Autobrains, alongside VinAI, VinBrain and Filum.ai. Foreign founders in batteries, semiconductors or robotics can pitch it as a strategic investor that offers access to Vingroup's industrial and mobility ecosystem. Review VinVentures and other top VC firms in Vietnam
What does Zone Startups Vietnam look for in applicants?
Zone Startups Vietnam screens hundreds of companies each year but onboards only 12 to 15 into its non-cohort program. It then invests selectively after due diligence. It favors highly scalable B2B technology and certain consumer sectors. Apply with clear B2B traction and a follow-on funding plan. Read the NIC Vietnam innovation and tech investment report
How has Vietnam's startup ecosystem evolved since 2016?
Since 2016, the ecosystem grew to around 3,000 startups, mostly in fintech, foodtech and e-commerce, with significant foreign investment. It passed 4,000 by 2024 as the focus shifted toward AI, agritech and green tech. New entrants should avoid saturated early-wave categories and build where policy and capital are heading. Read an overview of the Vietnamese start-ups ecosystem
Where can founders compare Vietnam with other Asia-Pacific startup markets?
Monthly country digests help you benchmark Vietnam against Thailand, Indonesia, Singapore and other markets on funding, sectors and policy. Review them regularly and note which business models succeed in neighboring markets. Then adapt proven playbooks for your regional expansion before committing budget to a second country. Browse the June 2026 startup news and trends digest
