Facts and Figures
Vietnam
- Population
- 98.9 million (2023)
- Capital
- Hanoi
- Major Cities
- Ho Chi Minh City, Da Nang, Can Tho, Hai Phong
- GDP per Capita
- 4,346 USD (2023)
- Average Age
- 32.9 years (2024)
- Main Industries
- textiles, telecommunications, furniture, tourism
The startup ecosystem in Vietnam
Vietnam’s startup ecosystem continues to grow in the major cities and expand into second-tier cities, generating a broader range of startups targeting local markets. Organizations are specializing in verticals and providing support for corporate innovation. Multiple cities now host incubators, accelerators, and mentorship programs, creating a strong foundation for further ecosystem growth. A national government program supports innovation and access to international markets. While there is a healthy flow of domestic and international investment, gaps remain in funding for early-stage startups and women founders