Vietnam to serve as a ‘launchpad’ to the rest of Asia, says VC expert

Vietnam’s start-up ecosystem often draws comparison with that of Indonesia and China some years back, but investors in the market face different opportunities and exit options, say VC experts.
Ho Chi Minh City
Ho Chi Minh City

Venture investors are eyeing Vietnam as the latest destination for their capital. Vietnamese start-ups raised a record $1.4 billion across 165 deals last year, according to Vietnam’s National Innovation Centre (NIC). The year finished up from $894 million and 126 deals in 2019 – an indication that dealmaking in the market has regained momentum following a small Covid-19-induced dip in 2020.

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