Startup

Update news Startup

Measures suggested to boost startup access to capital

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.

Why have Vietnam’s startups remained less attractive?

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.

Ho Chi Minh City, promised land of startup "unicorns"

Following the footsteps of ancestors, the Southern region has proven to be a sacred land with extraordinary people for many generations.

$20 million, 3D-printed bike project stops operation in Vietnam

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.

Innovative start-ups in the e-commerce sector

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.

Vietnamese are becoming more involved in AI solutions

AI (Artificial Intelligence) in Vietnam is becoming increasingly popular.

Vietnam affirms position in ‘golden startup triangle’ in SE Asia

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.

Vietnam has golden opportunity to develop tech unicorns

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.

Vietnam makes great strides in AI usage

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).

Startup festival to be held in Khanh Hoa this week

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.

Vietnam’s house-leasing startup dreams of becoming unicorn

The startup AirCity wants to digitize the leasing of 100,000 buildings and apartments in Southeast Asian cities after it reaches success in Vietnam.

Next new unicorn startups in Asia Pacific could be 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).

Foreign startup seeking capital is turned down by Vietnamese 'sharks' on Shark Tank

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.

Vietnam among Asia’s most dynamic start-up scenes: Report

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.

Software developed by startup can controls factory operations via smartphones

IoT Dai Viet, a technology startup, has left a big impression on the Shark Tank TV Show.

Vietnam has one of Asia’s most dynamic start-up scenes: report

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.

VN startup fills market need for chargers, headphones

Having been operational for two years, Velaboost has developed 29 types of products and sold 24,500 tech accessories.

Learning from Japan, Vietnam’s startup sells special eggs priced at VND8,000 each

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.

Men-cosmetics’ startup raises millions of dollars from ‘sharks’

Owning many cosmetic products made in Vietnam and showing impressive sales achievements, Nerman has successfully persuaded ‘sharks’ to invest in it.

VN startup refuses opportunity in US, stays in homeland

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.