Viet Nam has become an ideal eco-system for both domestic and foreign start-ups, and the effects are showing, with start-ups mushrooming all over the place. Viet Nam News’s Thu Ngan spoke to fund managers and executives at successful start-ups and...
The start-up environment in Viet Nam still faced many difficulties, especially investment policies and issues related to divestment, loans and venture capital, making investors cautious.
Vietnamese start-ups were invested in to the tune of US$900 million in 2018, tripling the previous year’s investment, according to a report recently released by Topica Founder Institute (TFI), a start-up accelerator programme in Viet Nam and Thailand.
Singapore-based Northstar Group has invested US$50 million in Topica Edtech Group, a technology education company headquartered in Ha Noi with more than 1,700 employees.
Up to US$291 million was poured into Vietnamese start-ups last year, a year-on-year increase of 42 per cent, according to a recent report by Topica Founder Institute (TFI).
The three best teams won sponsor packages from Facebook (FbStart) worth $80,000 each at the TOPICA AI Edtech Asia Hackathon 2017, the largest artificial intelligence contest in Southeast Asia.
The Topica Founder Institute (TFI) held its fifth anniversary ceremony this week, reviewing its contributions to the start-up community over the past half-decade.
Eight out of 14 start-ups of the Topica Founder Institute (TFI)
introduced their products and called for investment at the Topica
Founder Showcase 2016, held in Ha Noi on Wednesday.
"Any economic crisis can be considered as a storm. People who desire to
set up a business choose to stay in a safe place to avoid the storm.
They do not recklessly start to build something new that may be swept
away," said...