The startup world in South-East Asia (SEA) is booming, much like
the rest of the world. E-commerce, online travel services and
transport are well known, with fintech and e-health following
on.
Currently, Vietnam has approximately 3,000 start-ups, making it
the third largest startup ecosystem in Asia. The sectors where
these start-ups are developing include fintech, food tech,
healthcare and e-commerce. Tech sources say 3,000 more
start-ups are operating driven by young entrepreneurs, modern
education, access to global information, improved VC ecosystems,
local tech skills and middle-class growth. For example, 70% of
Vietnam’s population is under 35. Vietnam’s tech
skills, especially IT engineers is a key strength.
