Vietnam's Startup Ecosystem

2019 updated - Are you a startup looking to invest in Vietnam? It’s best to know Vietnam startup ecosystem before jumping in. We have listed some key recommendations to help you save time on searching.

Reports
    2017 - EN - An overview of doing business in Vietnam
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Articles 
    2018 - EN - Start-up Ecosystem in Vietnam
    2018 - EN - Investment in Vietnamese startups triples in 2018
    2018 - EN - Vietnam, destination for foreign startups 
    2018 - EN - Top 10 Reasons to Invest in Vietnam
    2019 - EN - Investors pour US$900 million into Vietnam’s start-ups in 2018
    2019 - EN - Top startup trends in Vietnam confirm hi-tech bias

Startups
    Local    
        VI - Momo (Fintech) - raised 133.8M
        EN - Yeah1 Network (Digital Media) raised 100M
        EN - Leflair (high fashion E-commerce) raised 11.8M
        VI - Tiki (E-commerce) raised 62.5M
        VI - Sendo (E-commerce) raised 51M
        VI - Topica (Education, Information Tech) raised 50M
        EN - Coccoc (Search Engine) raised 14M
        EN - Vntrip (Travel bookings) raised 13M
        EN - Gotit (Artificial Intelligence) raised 12.5M
        EN - Appota (Digital Entertainment)  raised 10M
        EN - Luxstay (Travel bookings) raised 6M

    International
        EN - Wework (Co-working space) - raised 12.8B
        EN - Grab (Logistics) - raised 8.8B
        EN - Lazada (E-commerce) - raised 2.6B
        EN - SEA (Foody.vn, Shopee, Airpay, Garena - Mobile Payment, E-commerce) raised 2.6B
        EN - KLook (Travel bookings) - raised 521.5M
        VI - Go-Viet (Go-Jek - Logistics) - raised 500M
        EN - Lalamove  (Logistics) - raised 300M
        EN - Traveloka (Travel bookings) - raised 238M
        EN - KKday (Travel bookings) - raised 22M

Aggregators
        EN – AngelList
        EN – Crunchbase
        
Exits
        EN - Uber Southeast Asia -  2.28B by Grab
        EN - Foody - 64M by SEA Group
        EN - Fivimart - 42.8M by VinGroup
        EN - Zalora (E-commerce) 10M by Central Group
        EN - Giaohangtietkiem - undisclosed by SEA Group
        EN - Batdongsan.com - undisclosed by PropertyGuru
        EN - atadi - undisclosed by Vntrip
        EN - Foodpanda - undisclosed by Vietnammm
        EN - Redder - undisclosed by Dentsu Aegis
        EN - Tappy.co - undisclosed by Weeby.co
        EN - MuaTicket.vn - undisclosed by Ticketbox.vn
        EN - NganLuong - undisclosed by MOL
        EN - 123mua - undisclosed by Sendo

Investors
        EN - Sony Vu (Angel)
        EN - James Chan (Angel)
        EN - Vietnam Angel Network (Angel)
        EN - Angel For Us (Angel)
        EN - Saigon Hi-Tech Park (Incubation Center)
        EN - 5Desire (Incubator)
        EN - BSSC (Incubator)
        VI - Ho Chi Minh City University of Technology - Technology Business (Incubator)
        EN - Egg (Accelerator)
        EN - Viisa (Accelerator)
        EN - Zone Startups (Accelerator)
        EN - Topica (Accelerator)
        EN - ThinkZone (Accelerator)
        EN - Founder Institute (Pre-seed Accelerator) 
        EN - Hatch (Incubator/ Accelerator/ Seed)
        EN - Lotus Impact (Seed)
        EN - 500 Startups (Seed)
        EN - ESP Capital (Pre-seed/ Seed)
        EN - Cyber Agent Capital (Seed, Series A/B)
        VI - FPT Ventures (Seed, Series A) 
        EN - Prosperous Vietnam Investment (PVNI)  (Seed, Series A)
        EN - Golden Gate Venture (Seed, Series A, and Bridge rounds)
        EN - Inspire Ventures
        EN - VinaCapital
        EN - Dragon Capital
        EN - Mekong Capital
        EN - IDG Venture
        EN - CyberAgent Ventures (CAV)
        EN - DFJ VinaCapital
        EN - Kusto Vietnam    
        EN - TransCosmos
    
Coworking Spaces
        EN - Wework (Ho Chi Minh City)
        EN - Replus (Ho Chi Minh City)
        EN - Regus (Hanoi, Ho Chi Minh City)
        VI - Goffice (Ho Chi Minh City)
        EN - Esmart (Ho Chi Minh City)
        EN - 5SOffice (Hanoi, Ho Chi Minh City)
        EN - GreenOffice (Hanoi, Ho Chi Minh City)
        EN - CentralOffice (Ho Chi Minh City)
        EN - Circo (Ho Chi Minh City)
        EN - Dreamplex (Ho Chi Minh City)
        EN - Hanoi Hub (Hanoi)
        EN - Toong (Hanoi, Ho Chi Minh City)
        EN - Up Co-working Space (Hanoi, Ho Chi Minh City)
        EN - 5Desires (Hanoi)
        EN - Moonwork (Ho Chi Minh City)
        EN - Big Work (Ho Chi Minh City)
    
Government Agencies
        EN - FIRST (Government Project for Science, Technology and Research)
  EN - NATECD (National Agency for Technology, Entrepreneurship and Commercialization Development)
        EN - IPP (Vietnam – Finland Innovation Partnership Programme)
        EN - Vietnam Silicon Valley (Silicon Valley Ecosystem in Vietnam)
        EN - NATIF (National Technology Innovation Fund)
        EN - Mekong Business Initiative - MBI/ADB
            
Associations & Communities
        EN - VYE (Viet Youth Entrepreneurs)
        EN - Startup Vietnam
        VI  - Flagship Startup Club

Media
        EN - Tech In Asia
        EN - Vietnam Briefing
        EN - The Saigon Times
        EN - Vietnam News
        EN - Vietnam Economic News
        EN - Vietnam Business TV
        EN - Vietnam Economic Times
        EN - Vietnam Business Magazine
        EN - FBNC
        VI - Forbes Vietnam
        VI - CafeF
    
Blogs
        EN - V-startup
        VI - Leonina Entrepreneur 
        VI - Bloggerkhoinghiep
        VI - Kinhtetaichinh
Events
        EN - Hatch! Fair
        EN - Tech Fest
        EN - Mobile Day (Tech Event)
        EN - VYE Bootcamp (Viet Youth Start-ups event)
        EN - Vietnam Tech Conference
        EN - Startup and Angels
        EN - Startup Weekend
        EN - Startup Vietnam Conference
        EN - Startup Grind
        EN - Vietnam Digital Economy Forum
        EN - Vietnam Startup Wheel
        VI - Google for Entrepreneurs Week

Online Communities
        EN - Launch (Facebook group)
        EN - Start-Up Founders & Entrepreneurs in Vietnam (Facebook group)
        EN - Vietnamese American Entrepreneur Network 
        VI - Startup and Collaboration (Facebook group)
        VI - Vietnam Start-up Club (Facebook group)

Technical Infrastructures
        EN - Hoalac HiTech Service Center
        EN - Saigon Silicon Valley (Government Agency)
        VI - Information Technology Park - Vietnam National University 

Visa
        EN – Vietnam Business Visa

Incorporation
        EN - Complete Guide to Company Registration in Vietnam


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