Tech funding in Vietnam dips in H1 2020 after bumper 2019
Singapore
WHILE 2019 was a blockbuster year for tech deals in Vietnam, funding in the first half of 2020 saw a drop as travel restrictions and uncertainties in global financial markets disrupted deal-making activities.
Despite this, Vietnam remains a hotspot for startup investments. The number of investors entering the country has been on an upward trend since 2014 and the Covid-19 pandemic has thrown up opportunities in education, healthcare and financial services, a report by venture capital firm Do Ventures found.
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