This is the first report to provide a comprehensive, multi-dimensional map on the innovative startup ecosystem with emphasis on 11 prominent sectors: FMCG, Retail, Education, Finance, Healthcare, Martech & Salestech, Logistics & Supply Chain, Sustainable Investment, Agriculture, Travel & Tourism, and Blockchain & Crypto.

Vietnam is emerging as one of the dynamic economies and development hubs for innovative start-ups in the Asia-Pacific region.

According to the annual report  of DO Ventures and Cento Ventures, the Vietnamese startup ecosystem has jumped from the 5th position to the 3rd position among the top 6 ASEAN economies, just behind Indonesia and Singapore. The growth is reflected in both the capital poured into the market and the number of active investors and start-up investment funds.

The Vietnam Open Innovation Landscape Report 2022 shows that Covid-19 was a catalyst promoting strong growth of unique business models. The pandemic created a major shift in consumer and business behavior.

E-commerce (E-commerce), financial technology (Fintech), health technology (Medtech), educational technology (Edtech), online media, and digital solutions for businesses are expected to create a breakthrough in investment attraction.

The report shows that investment in the technology sector in Vietnam has recovered after a turbulent year. The number of transactions in the first nine months of 2021 increased to the highest level in the past five years, reaching 108 deals. 

Meanwhile, the total investment capital in the market in this period was US$604 million. Payment and retail are still two key areas that many investors are interested in. The capital poured into emerging fields such as education, healthcare and business automation also rose significantly compared to 2020, in which the health sector received a record high amount of capital.

Trong Dat