Vietnamese startups close over 60 deals in 2015

Vietnamese startups close over 60 deals in 2015

The startup landscape in Vietnam saw 67 investments last year, representing a whopping 130 per cent increase over 2014, said a report by a local incubator, Topica Founder Institute (TFI). However, majority of the deals were undisclosed.

“67 is the number that we have data, or information with trusted sources, both announced and undisclosed. There could be more deals,” the incubator said. The volume of investments has kept growing over the past five years, from only 10 transactions in 2011.

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