The strong Start-Up development in the country could be linked to a few key areas:
As a result of all these initiatives, Vietnam wants to have 10 Unicorns by 2030.
The signs are encouraging, especially with the development within E-Commerce and FinTech. Here are some stats to highlight this:
And it shows that Vietnamese take the chances with Start-ups and foreign investors showing an interest in investing in Vietnam. And both might lead to a continuously growth in Vietnam.
In October RSP International co-hosted the first ever event of Start It Up Vietnam in HCMC, and as part of the event we did some research about the Start-Up scene in Vietnam. We have summarised all findings of this secondary research in one paper, which we offer now for free. You can download this report below.
In that paper the following areas are covered:
Please feel free to contact us for any questions you have. And of course, please share your thoughts in the comment sections. Above all, we want to hear your experience and thoughts.
RSP International can also help you with your business and even new start-up initiatives. This could be consultancy for strategic direction, assisting with process documentation you might require or branding for your business. You can find more about our services here. Or just contact us directly.