Overview of Startups Landscape in Vietnam and major trends.

1. Do Anh Tuan

2. Content
 Startup Ecosystem
 Why Vietnam?
 Trends

3. Startup
Ecosystem 2016
Source: GenK
• 1750 Startups
• 30 Accelerators and Incubators
• 30 Venture Capitals & Angel
Investors
• 04 Official Support Orgs/Programs
• Vietnam Silicon Valley
Ecosystem
• NATEC
• FIRST Project
• Innovative Partnership
Program (IPP) – Finland &
Vietnam

4. Why Vietnam?

5. Top 3 Best Countries to invest in
2016

6. Talented Developers with Int’l outsourcing experience

7. Source: GenK, Glassdoor
Competitive labor cost
ASEAN ICT salaries - GENK news

8. High Internet usage & smartphone
penetration
Statistics Jan 2016
Source: APPOTA

9. Fast growing middle class
Vietnam 2035 Report
Source: World bank

10. Tech-Savvy Generation

11. Educatio
n

12. E-Commerce
 CARG 2017 – 2021:
16.5% (US $2,187 mil in
2017 to US $4,024 mil in
2021
 Largest segment:
Electronics & Media
US$842
(2017)
(Source: https://www.statista.com/outlook/243/127/e-commerce/vietnam#)

13. Source: http://www.di-onlinesurvey.com/en/2016/09/12/e-commerce-usage-in-vietnam-2016/

14. FINTECH

15. Companies Initial Achievements
- $130,000 revenues after
12 days launched
- 40,000 APP users
- 1 million+ downloads on
Google Play Store
- 34 languages
- Forecast $2 million for
2016 (main customers:
US)
- $500,000 invested by
Gobi Partners in 2016
- 86 countries present
- 5000+ experienced trips
created by 9,000 “Triip
creators” network
- 3 million Int’l users/5
million VN users
- 2,000 partners utilize its
payment platform, 500
Ads partners

16. Companies Initial Achievements
- No. 2 Vietnam Startup APP
US AppStore
- $10 million
- First Prize at SXSWedu
contest 2016 (1,200 startups
participation)
- Forbes: “The App Using Artificial
To Improve English Speaking Skills”
- First VN company export E-
learning Tech to SEA
- 600 employees
- Int’l Rep offices in Manila,
Singapore, Bangkok
- Got 7 digit seed funding
CyberAgent Ventures 2016
- 200,000 users
- Planned 1,000 online
course/year 2016
- Top 100 Education App
downloads in US