Vietnamese startups receive $291m funding in 2017 led by handful of big deals

A client counts Vietnamese dong banknotes at a bank in Vinh Yen city, Vietnam, August 19, 2015. REUTERS/Kham

Vietnamese startups raised $290 million in 2017, 42 per cent higher than $205 million last year, on the back of a couple of bigger ticket-sized deals including investments into gourmet media platform Foody Corporation and e-commerce player Tiki, according to data collated by Hanoi-based edtech group and accelerator Topica Founder Institute (TFI).

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