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

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

Still need more advice? Contact us and let us know your concerns

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