Update news startups

HCMC has lately issued various consistent policies to boost innovative startup activities and formed strong connections with global startup communities, helping many startup projects to reap profound benefits.

Vietnamese entrepreneurs need to prepare for the funding winter

Vietnamese entrepreneurs have to think for the long term as raising funds for startups has become more challenging in recent years.

Vietnam represents attractive spot for startups: Bloomberg

In 2021, Vietnam drew a record US$2.6 billion through 233 private deals, up from US$700 million via 140 deals the year prior, according to a Google, Temasek Holdings Pte., and Bain & Co. report.

VinaCapital Ventures pours 1 million USD into agritech startup

VinaCapital Ventures, a technology-focused venture capital fund of the Ho Chi Minh City-based VinaCaptial Group, has announced an investment of 1 million USD into Koina, an agritech startup founded in Vietnam.

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.

Vietnam joins “golden triangle of startups” in Southeast Asia: Hongkong newspaper

Lianhe Zaobao newspaper in Hong Kong (China) has run an article analysing Vietnam’s advantages that make the country the third pillar of the "golden triangle of startups" in Southeast Asia, together with Indonesia and Singapore.

Startups seek the knowledge to flourish

With the venture capital market in 2022 deemed generally gloomy with total investment and number of deals falling globally, more work is to be carried out for new companies in Vietnam to survive.

Investment for creative startups to reach US$5 billion in 2023 – 2025

As many as 39 investment funds committed to invest 1.5 billion USD for creative startups in Vietnam in 2023 – 2025, lifting the total investment for the field in the period to 5 billion USD.

Joggers need better online social network

Despite encouraging achievements, development of a domestic social network for Vietnamese joggers has been below expectations.

Connecting the hearts of Vietnam lovers

Starting from the idea of helping people travel to new a land in a convenient, safe and unique way, a group of young Vietnamese and UK people gathered together to create Tubudd

Google for Startups match 50 Vietnamese startups startups with mentors

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

Entrepreneurs blaze a trail in the city

Die-hard entrepreneurs are re-inventing themselves to solve business problems and find their niches in Ho Chi Minh City.

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.

Proptech startup Propzy suddenly ceases operation

As of June 2022, Propzy had raised 33 million USD, but the real estate technology platform has announced to stop operation.

Singapore startups attracted to Vietnam market: Strait Times

The country’s tech-savvy population and burgeoning middle class are making it an attractive market for Singaporean companies.

Vietnam's innovation start-up ecosystem investment forecasted to hit $2 billion

The information is researched, collected and aggregated from official research sources combined with statistics.

Vietnamese startups rally support to go global

The chance to disrupt the market – paired with confidence, optimism, and financial reward among other reasons – has drawn both home-grown and international startup entrepreneurs to Vietnam.

Indicators ripe for wave of tech startup successes

Venture capital investment flows into Vietnam, particularly from Singapore, are on track to surpass the previous level, propelled by the country’s buoyant tech startup scene.

Vietnamese startups attract millions of US dollars

The total venture capital raised by startups in Vietnam in 2021 reached a record high of over US$ 1.5 billion, and capital continued to rise in 2022.

E-commerce enabler OnPoint raises $50 million from Singapore fund

OnPoint has successfully raised $50 million in a series B fund-raising round from SeaTown Private Capital Master Fund managed by SeaTown Holdings International, an indirect wholly-owned subsidiary of Singapore’s Temasek Holdings.