Vietnam's startups bag $750m funding in first 10 months of the year

Vietnam's startups bag $750m funding in first 10 months of the year

Photo by chuttersnap on Unsplash

Vietnamese startups bagged $750 million in funding across 29 deals in the first ten months of this year, the country’s science and technology minister said on Wednesday.

“The growing scale of investment shows the potential to create new unicorns in Vietnam,” said Chu Ngoc Anh, Minister of Science and Technology, at Techfest 2019, an annual government-backed event that seeks to connect Vietnamese startups with potential investors.

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