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Tech funding in Vietnam dips in H1 2020 after bumper 2019

Claudia Chong
Published Wed, Sep 30, 2020 · 09:50 PM

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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