VietNamNet Bridge - Many Vietnamese university students plan to give up studying and develop businesses of their own, even though they are still living on their parents’ money.

VietNamNet Bridge - Vietnam still lacks a complete ecosystem for startups to develop successfully, analysts say.

VietNamNet Bridge - Many technology startups have received funds worth tens of billions of dong after their first calls for capital.

Vietnamese startups often become a foreign-invested enterprise (FIE) after successfully raising funds from foreign investors. Coc Coc, Vntrip, Huy Vietnam, The KAfe and Wrap & Roll are just a few of them.

VietNamNet Bridge - Vietnamese startups have attracted big infusions of cash and have great potential, but only a few of them have reaped fruit. 

VietNamNet Bridge - While Hanoi has proposed a trial policy to develop into a large entrepreneurial center, HCM City has drawn up five projects to realize the ambition of becoming Vietnam’s Silicon Valley.

VietNamNet Bridge - Analysts believe that HCM City will make a profitable investment by pumping VND1 trillion into startups, because the benefits in the future will be even higher.

VietNamNet Bridge - More than 60 percent of startups fail and 70 percent fail in the first year of operation. 

VietNamNet Bridge - The idea of setting up a stock market specifically for startups was first raised at a workshop held in HCM City last week which discussed solutions for startups to seek capital.

VietNamNet Bridge - Momo, Tiki and many other technology startups still can call for millions of dollars worth of capital, even though they continuously take losses. Why?

VietNamNet Bridge - Successfully calling for tens of millions of dollars from the world’s large investment funds, Vietnamese startups did well in the Year of a Goat.

VietNamNet Bridge - Vietnamese startups have become more and more attractive to angel investors, seed-funds and series A-funds, both domestic and foreign.

VietNamNet Bridge - Young Vietnamese entrepreneurs have to register their businesses in foreign countries, as they operate in an unclear domestic business environment.

 VietNamNet Bridge – Vietnam is witnessing the movement of Viet Kieu returning to the homeland to develop their life’s works. Many of them are from Russia.