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Vietnam Innovation & Tech Investment Report 2024

Click here to view full report
  • In 2023, Vietnamese tech startups received a total investment of $529M, which represents a 17% drop from the previous year. This statistic points to a sustained trend impacted by challenging worldwide economic conditions.

  • Despite its own 17% decrease, Vietnam’s VC funding exhibited impressive resilience, standing out amidst a global environment where total VC funding dropped by 35%.

  • In Southeast Asia, Vietnam maintained its third position in deal count and reclaimed the third spot in deal value, with Singapore leading in both aspects, closely followed by Indonesia.

  • Healthcare and Education saw record-high investments, with impressive jumps of 391% and 107% respectively.

  • In 2023, nearly 100 investors backed Vietnamese startups, with Singapore leading as the most active investor in Vietnam’s tech sector, followed closely by Vietnam in second place.

 

 

 

 

 

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