This year, Vietnam’s startup ecosystem is still considered one of Southeast Asia’s most attractive destinations for venture capital funds.
An estimated $262 million in venture capital (VC) have been invested into Vietnamese startups in the second quarter of 2022.
The value and volume of the above deals decreased slightly compared to the previous quarter. Still, with investment recovering after the Covid-19 pandemic, business activities in Vietnam are expected to have many positive prospects in the last two quarters of the year.
Investors have mainly focused on a few startups in E-commerce, Edtech, and Fintech with diversified investment rounds from Seed to Series B. Vietnamese startups are expected to attract more investment capital later this year.
A collection of reports shows that the total venture capital investment in Vietnamese creative startups in 2021 will reach a record level of more than $1.4 billion. This number is three times higher than in 2020 ($451 million) and 1.5 times higher than the figure of $874 million in 2019. In addition to the four tech unicorns are startups valued at over $1 billion. The number of companies valued at several hundred million dollars is also growing strongly.