Viet startups draw foreign funds

Tran Minh Son, co-founder of food-finder app Lozi (front) at his office in Hanoi, Vietnam. — Reuters

Vietnam’s startup scene, which has a higher concentration of companies relative to population than India or China at 1,500, are catching the eye of foreign funds. And the demographics look good too.

VIETNAM’S tech startups are emerging as a force to be reckoned with as foreign private equity funds bet the country’s talented young brains will yield more successes like the international hit game Flappy Bird.