- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news venture fund
The startup plans to use the new funds to further develop its products and expand across the country.
The success of startups depends on the support of the community so they can grow and become unicorns.
The startup ecosystem has been developing very strongly over the last 15 years, but no other unicorn startup has appeared, except VNG, which was valued at $1 billion in 2014.
VietNamNet Bridge - More large-scale investment funds are being set up, and the value of investment deals is increasing, especially in technology startups.
Startup funds only reserve 10 percent of their capital in agriculture, a field which bears high risks.
VietNamNet Bridge - Few venture funds have been set up in Vietnam, and few startups have successfully called for capital from the funds.
VietNamNet Bridge - Vietnamese startups complain that they still find it difficult to get capital from angel and venture investors even though many investment funds have been established.
Investors now all wish to pour money into the high technology sector, which means more and bigger opportunities for high technology start-ups.