Vietnam ranked third most active startup ecosystem in ASEAN

Việt Nam jumped from fifth to third in the list of most active start-up ecosystems in the six largest ASEAN economies in only two years. The change was from the first half of 2017 to the corresponding period of 2019, with the country trailing only Indonesia and Singapore.

According to the Vietnam Tech Investment Report released recently by Singapore-based venture capital firm Cento Ventures and Việt Nam’s early stage venture fund ESP Capital, the amount of invested capital and the number of technology deals done in the country have grown six-fold in the period.

Keep reading…