Even as a slew of healthtech startups in Vietnam has amassed capital from investors to expand their operations, it will take a while for them to carve out the right recipe for success as consumers are still biased towards traditional healthcare.
“Healthtech in Vietnam continues to be a work-in-progress. To fully realize its potential, there needs to be an inclusive architecture to facilitate a wide range of integrated services, and that’s something I think will happen in the next 3-5 years,” said Trung Hoang, head of VinaCapital Ventures, Vietnam’s largest homegrown VC fund.