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Update news Startup
There are about 3,800 start-ups in Vietnam at present, including 11 valued at over US$100 million and three at more than $1 billion each, according to the National Agency for Technology Entrepreneurship and Commercialisation Development.
Only 20 percent of innovative startups have launched products and services in the international market. In terms of the Commodity Market Reforms Index, Vietnam ranks above Mongolia only.
Following the footsteps of ancestors, the Southern region has proven to be a sacred land with extraordinary people for many generations.
A project involving a unibody carbon fiber bicycle 3D printed with industrial-grade carbon fiber, developed by Le Diep Kieu Trang, former CEO of Facebook Vietnam, and her husband has stopped operation.
E-commerce start-ups are becoming more and more popular and are considered relatively safe in the fields of innovative start-ups in Vietnam today.
AI (Artificial Intelligence) in Vietnam is becoming increasingly popular.
According to the Ministry of Science and Technology (MST), together with Singapore and Indonesia, Vietnam has affirmed its position as part of the ‘golden startup triangle’ in Southeast Asia.
In January-September 2022, investment in technology in Vietnam decreased slightly compared with 2021, which was in line with the trend in the global venture capital market.
The 2022 Government AI Readiness Index report shows that Vietnam ranks 55th globally and sixth among 10 ASEAN countries in terms of readiness for artificial intelligence (AI).
A startup festival (Techfest) for the south-central and Central Highlands regions will take place in Khanh Hoa province on August 19-20, heard a press conference in Nha Trang city on August 16.
The startup AirCity wants to digitize the leasing of 100,000 buildings and apartments in Southeast Asian cities after it reaches success in Vietnam.
The next unicorn technology startups in Asia Pacific may come from Vietnam, as the foundation for a solid ecosystem to support these businesses is underway, according to the Asian Development Bank (ADB).
Calling itself a technology firm, iMotorbike has been rejected by the investors on the Shark Tank TV Show because of the technology content in its products.
E-commerce accounts for less than 5% of retail in Vietnam, meanwhile, it is one-third in China. That means the country's growth potential is huge.
IoT Dai Viet, a technology startup, has left a big impression on the Shark Tank TV Show.
Vietnam has one of the newest and most dynamic start-up scenes in Asia, and it has emerged as a hub for start-ups, according to the recently released Emerging Giants in Asia Pacific report.
Having been operational for two years, Velaboost has developed 29 types of products and sold 24,500 tech accessories.
Though selling eggs at VND8,000 each, the founder of the startup says the eggs are not expensive and that he is not afraid of competition with big businesses.
Owning many cosmetic products made in Vietnam and showing impressive sales achievements, Nerman has successfully persuaded ‘sharks’ to invest in it.
IMWI was once offered investment capital of $300,000 in exchange for 5 percent of shares, plus a promise to help obtain the right to settle down in the US, but it decided to stay in Vietnam to manufacture robotic arms.