startup news

Update news startup news

Da Nang enters global Top 1,000 startup ecosystems for first time

Da Nang has made its debut in the world’s Top 1,000 startup ecosystems, a milestone that underscores the city’s accelerating innovation agenda, according to StartupBlink’s 2024 global ranking.

Vietnam opens doors to global startups under new national strategy

Vietnam is inviting foreign startups to establish operations in the country and grow into unicorns in the near future.

From startup icons to scandal: When 'Sharks' turn predatory

The “Shark” metaphor - once synonymous with sharp business instincts - is now being redefined as Vietnam’s high-profile startup investors face serious legal charges.

Mistakes in business strategy lead beer pub to shut down after one year

Injecting billions of dong into a beer pub to catch up with new trends, an owner failed after just one year. The costly lesson: not every new business model fits every market.

Programme launched to foster university-based startups in Vietnam

UniVentures aims to connect the innovation ecosystems of Singapore and Vietnam, helping startup founders from Vietnamese universities access mentorship, markets and investors.

Green startups struggle despite growing push for sustainability

To foster meaningful growth, Vietnam needs targeted policies to support green innovation, including financial incentives, training programmes and public awareness campaigns.

PM approves 2026–2035 project in support of women-led startups

The government aims for women-owned businesses to make up 30% of all enterprises in Vietnam by 2030, according to a decision recently signed by Prime Minister Pham Minh Chinh.

Hanoi cafés shut down after a decade of success

Over 50,000 F&B outlets shut down across Vietnam in 2025. Hanoi cafés are closing amid high rents and shrinking customer traffic.

After losing VND1 billion, cafe owner realizes fatal mistake

After investing nearly VND1 billion, the owner of a cafe had to shut it down. The failure led to the realization of a major mistake that had cost him everything.

Vietnam urged to build strategic, long-term venture capital vision

Experts warn Vietnam against expecting quick returns from public venture capital funds.

Vietnamese AI app earns global spotlight amid generative AI boom

Sensor Tower highlights the rise of AI Hay as Vietnam’s first and largest generative AI Q&A network.

AntEx aftermath: Shark Binh shares leadership mindset for startups

After public uproar over AntEx, the entrepreneur goes live to discuss the role of leadership in challenging times, drawing from 24 years of experience and personal setbacks.

Vietnamese woman builds sustainable mushroom empire from scratch

After nearly five years in education, Chau Thi Nuong launched a closed-loop mushroom farm that now generates annual profits in the hundreds of thousands of dollars.

Why a designer’s fashion startup didn’t make it: case study in inexperience

Driven by passion but lacking experience, Nguyen Ngoc Anh’s dream of starting a fashion business vanished along with nearly VND1 billion in capital.

From pandemic loss to global export: 9X revives family lantern craft

After losing everything during COVID-19, a young man returns home to build a lantern business with over $82,000 in annual revenue.

Lecturer’s startup sparked by seeing burning leaves in a pineapple field

Few people would imagine that the entrepreneurial journey of a university lecturer began with the image of pineapple leaves withering and burning in a field.

Vietnamese startups use AI to serve millions worldwide

With generative AI, firms like Gamota and Katalon are scaling globally, breaking language and time zone barriers.

Sidewalk coffee startups face harsh reality

Sidewalks on many Hanoi streets once buzzed with the takeaway coffee trend. But shortly after, harsh realities left many disillusioned.

Forbes names two Vietnamese startups among Asia’s top 100 to watch

The two startups were recognized for their technological innovation and rapid growth in Vietnam's startup ecosystem.

Most Vietnamese startups fail within five years

Only 10% of startups survive beyond five years, with just 3% thriving, as most struggle with capital and talent shortages.