The recent vigorous growth of startups in Vietnam has attracted domestic and foreign investors, but insiders recommended more efforts be made to facilitate startups’ access to funding from investors so that they can live up to potential.

Driven by his unwavering belief in the potential of the smart home industry, CEO Nguyen Manh Toan set his sights on this promising domain.

The development of a separate decree on innovation and innovative start-ups is underway with an aim to leverage innovative start-up firms to a new height.

The wave of innovative start-ups in Vietnam has developed at “dizzying” speeds, attracting the attention of many domestic and foreign investors, said a seminar, entitled 'Investment Policies for Start-ups' in Hanoi, heard Monday.

Ten large international funds and 30 startup projects met in Da Nang several days ago. The municipal authorities hope the city will be an attractive destination for investors and startups.

The Da Nang Venture and Angel Summit (DAVAS) 2024 kicked off in the central city on May 31, aiming to create a chance for startup projects to access investors and investment funds.

Supportive policies under the National Assembly’s Resolution 98 that took effect in August last year, if implemented well, will promote the start-up ecosystem in HCM City to develop even more strongly, experts said.

The AI race is gaining momentum as it is anticipated to bring about significant behavioural changes, not only for individuals but also for businesses.

The total capital invested in Vietnamese tech startups amounted to $529 million in 2023, marking a 17 per cent decrease from the previous year.

Vietnam maintains the third position in the number of investment capital and deals of startups in Southeast Asia.

Vietnam currently ranks third in terms of capital mobilized in the first quarter of this year among Southeast Asian (SEA) countries.

A number of ‘Make in Vietnam’ startups, such as DeltaX robotics, Aircity face recognition, and Vbee conversation platform, have been shortlisted under the Qualcomm-funded incubation program.

Many technology talents have been returning to Vietnam after studying abroad, helping fuel not only domestic electronics supply chains but also the fast-growing digital economy.

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

The project “Coffuel - Innovative solution in recycling industrial by-products to create a sustainable energy supply” recently won first prize in the Start-up Competition 2023 – the first of its kind organised by the Hanoi Youth Union.

The development of the innovation startup ecosystem aims to foster a conducive environment for businesses to emerge and thrive, thereby creating exceptional value.

Attracting investments in ‘seemingly crazy’ ideas is rather challenging, yet this risk is the typical characteristic of any innovative startups in Vietnam.

Despite the difficulties of the world economy, Earable Neuroscience can attract investment. The secret lies in the product's application of exclusive core technology and its ability to meet the needs of the sleep tech device market.

Vietnam is taking advantage of investment opportunities in innovation and startups, heard the Vietnam Venture Summit held by the National Innovation Centre (NIC) and the Golden Gate Ventures on October 30.