Foreign investors eye Vietnamese startups despite funding slowdown

[HO CHI MINH CITY] In recent times, early-stage tech investor VinaCapital Ventures has not only had to field pitches from Vietnamese startups.

Funds from all over the world – including Korea, America, Russia and the Middle East – have been contacting the firm, wanting to understand the local landscape and how they can get in on investment opportunities.

“Vietnam has developed a lot in terms of complexity,” said Hoang Duc Trung, partner at local fund VinaCapital Ventures. Hoang said a combination of strong economic growth, an educated workforce and latent technological potential has spurred foreign investors to circle the market.