Investment in Vietnamese startups increased by 4 times
In 2021, the total investment capital in Vietnamese startups reached a record $1.4 billion, up 4 times compared to 2020. This figure was also 1.6 times higher than the record figure of 2019 was 874 million USD.

Mrs. Le Hoang Uyen Vy presented the report. Photo: BN

The above information was drawn from the Vietnam Innovation and Technology Investment Report 2021 published by Do Ventures and the National Innovation Center (NIC) in the morning of April 21 in Hanoi.

According to the report, along with the total capital increase, the total number of transactions also increased significantly, reaching 165 deals, an increase of 57% compared to 2020.

The report explains that this increase comes from the taste of investors who are quickly focusing on industry groups that have not been strongly impacted by the pandemic.

Leading in attracting investment capital is the e-commerce and payment industry: e-commerce received an investment of 469 million USD, while payment received an investment of 450 million USD.

In addition, the pandemic also created a boom in transaction volume in a number of new industries, leading to tremendous growth in those industries. The three most prominent industries include healthcare, education and digital transformation in businesses with growth rates in 2021 of 1,016%, 526% and 205% respectively.

Also in 2021, Vietnam has two more unicorns, MoMo (valued at nearly 2 billion USD) and Sky Mavis (valued at nearly 3 billion USD), bringing the total number of unicorns in Vietnam to 4. This technology affirms Vietnam's position as an emerging technology hub in the region."

The total number of investment funds operating in Vietnam in 2021 will increase by 60%, evenly distributed among countries. In which, Singapore is the most active investor, followed by Vietnam and the US.

A representative of Do Ventures also predicts that e-commerce and fintech will continue to lead as more consumers use products online. "We anticipate there will be a wave of new models of interest in these two areas, such as online grocery, D2C model, fast e-commerce along with financial solutions, such as financial management as property management, consumer loans, loans to small and medium enterprises..." - Mrs. Uyen said.

In addition, Do Ventures forecasts that, in 2022, investors may be interested in other promising areas including the creative economy, upskilling platforms web 3.0 with the increasingly popular appearance of cryptocurrencies.

Most viewed news

Vietnam Blockchain Association and Binance signed cooperation agreement

Accordingly, the two sides will cooperate to popularize blockchain in three areas: training, research and technology application.

Automatic system for handling residuals in mechanical processing

The system is manufactured by a group of authors at Nhat Tinh Technical Service Limitted Company, which can replace imports and improve competitiveness for domestic casting enterprises.

Launching Vietnam Blockchain Alliance

The Vietnam Blockchain Alliance under the Vietnam Digital Media Association has set itself a mission to connect the community and advise regulatory agencies to manage policies and legal frameworks on Blockchain, digital assets and money.

Vingroup AI Engineer Training Program: Opportunity to own scientific publications

During the 10-month training course, students have the opportunity to participate in large projects and own scientific publications in the fields of Biomedical Informatics, Medical Image Processing and Natural Language Processing.

Occupational safety and hygiene training course in 2022 in Can Tho

In the morning of June 17, 2022, Can Tho Center for Standards, Metrology and Quality Engineering (CATECH) under Can Tho City Department of Science and Technology coordinated with the Management Board of Can Tho Export Processing and Industrial Parks to organize a training course on occupational safety and hygiene in 2022 for staffs in charge of labor protection and occupational safety and hygiene network at enterprises.

Can Tho will take place workshop "Science, technology and innovation to promote digital transformation in agriculture" in 2022

The city-level scientific workshop with the topic "Science, technology and innovation promotes digital transformation in the agricultural sector" will take place on June 24.

The role of science and technology in digital transformation in agriculture

With the success of the 4th industrial revolution, digital transformation is now an inevitable trend, a matter of survival for countries, organizations, businesses and consumers around the world. Huge changes in labor productivity, user experiences and new business models are being formed, showing the great role and impact in today's social life of digital transformation to every industries, such as industry, commerce, healthcare, traffic, tourism, business services and etc.

Press release of the scientific workshop "Science, technology and innovation to promote digital transformation in agriculture"

Under the impact of the fourth industrial revolution, on the basis of achievements in science, technology and innovation, the digital transformation process has had a strong impact on most areas of the world economic and social life in each country in the world.

Propagating and disseminating knowledge of intellectual property and brand development

In the morning of June 15, 2022, Can Tho City Department of Science and Technology established a scientists team to evaluate the content and funding for the implementation of the project "Propaganda and dissemination of knowledge of intellectual property and brand development.” under the Program to develop intellectual property of Can Tho city until 2030. The appraisal team is led by Mr. Ngo Anh Tin – Director of the Department of Science and Technology of Can Tho city. The study is carried out by Mrs. Nguyen Thuy Hang. Can Tho Science and Technology Information Center is a presiding agency. The project implementation period is 24 months.

Related news

Copyright @ 2021 belongs to the Can Tho City Department of Science and Technology
Address: No. 02, Ly Thuong Kiet, Tan An Ward, Ninh Kieu District, Can Tho City
Phone: 0292.3820674, Fax: 0292.3821471; Email:
Head of the Editorial Board: Ms. Tran Hoai Phuong - Deputy Director of the
Can Tho City Department of Science and Technology

Copyright © 2021 All rights reserved | This template is made by CASTI'1987