Four Vietnamese startups have been named in the latest version of the “Forbes Asia 100 to Watch” list.

For many startups, the COVID-19 pandemic has been a nightmare. However, the pandemic has also opened up a number of new opportunities for those prepared to innovate.

Vietnamese startups active on the ELSA Speak learning platform will get an aid package worth $200,000 to improve their English proficiency under a cooperation deal.

This year continues to witness a wave of investments in Vietnamese startups, with millions of dollars of money announced.

Vietnam’s startup ecosystem could develop strongly over the next five years with venture capital and government assistance, Eddie Thai, general partner of the venture capital firm 500 Startups Vietnam,