Consumption Growth:

Vietnam’s GDP growth pace is set to sustain at around 7% through 2020s and will surpass the $10,000 GDP per capita milestone in 2030

Young Population:

With over 95 million residents, Vietnam ranks as the 14th largest population in the world. 60% are comprised of young population under 35

Digital Population:

Ongoing mobile and internet penetration that will bring 10M+ more consumer online by 2023

Tech investment:

Vietnam jumped from the second least active startup ecosystem among the 6 largest ASEAN countries into #3, trailing behind only Indonesia and Singapore

Vibrant Ecosystem:

Vietnam has the third-highest rate for startups in Southeast Asia. By 2020, the city aims to have established approximately 1 billion new businesses and supported the development of innovative startup enterprises

Raising fund:

2018 and 2019 has also produced a new wave of Vietnam startups that raised $50M to $100M rounds for the first time


  • The economy will expand 6.5% in 2020, which is unchanged from last month’s forecast, and 6.4% in 2021
  • The annual inflation rate in Vietnam declined to 1.98 percent in September 2019
  • Vietnam is quickly becoming an investment and tech hub for local and international enterprises, and Ho Chi Minh City is at the heart of this transformation
  • Access to a pool of highly-skilled programmers with reasonable labour costs
  • Foreign venture capital funds and international technology organisations are growing the footprint in Vietnam’s innovation economy
  • Best sectors for investment in Vietnam in 2019 such as: Real estate, Business process outsourcing, Retail banking and Fintech, , Traveltech, Logistech, Ecommerce, Ed-tech, Food and Modern agribusiness