Top 10 articles to understand Vietnam’s tech and startup scene

Tech in Asia writes about news all over the region, but there’s one market that deserves more attention these days: Vietnam. Indeed, the country is emerging as one of Southeast Asia’s most promising startup hubs, and some investors see it as the next place to be after Indonesia.

That’s not surprising, given how Vietnam was the third-most active ecosystem among the six largest ASEAN nations, according to a 2019 Cento Ventures-led report on the country’s tech investments. These big checks have elevated Vietnam’s status as the next hot market for tech investors and startups. For all the details, read our reporting on Vietnam.

Vietnam has bragging rights for producing one of the region’s first unicorns: internet firm VNG. But it’s also the breeding ground of many more companies that should be on your radar, such as e-wallet MoMo, fintech firm VNLife, and logistics player Scommerce.

As the country’s tech ecosystem reaches a turning point, we have selected 10 of our most popular articles about Vietnam so you can catch up and understand what’s coming next.

1️⃣ 50 rising startups in Vietnam

Using our own data, we have compiled a list of 50 rising startups in the country. You will surely recognize a few names on this list (which we update monthly), such as digital payments firm VNPay, online marketplace Tiki, or even Sky Mavis, the company behind the popular Axie Infinity game.

2️⃣ Meet the 15 top-funded startups and tech companies in Vietnam

This article is based on information from Tech in Asia’s comprehensive database of fundraising deals. While funding is an imperfect proxy, it can give a good sense of which sectors tech investors are focusing on. Fintech companies and marketplaces top the list, which we constantly update.

3️⃣ A David vs. Goliath battle in Vietnam’s B2B ecommerce sector

Startups and conglomerates alike are racing to capture a massive opportunity: digitalizing the country’s cửa hàng tạp hoá or mom and pop stores. One such contender is Telio, a startup backed by GGV Capital, Tiger Global Management, and Sequoia India.