Vietnam rises as magnet for start-up investment in South-East Asia

HANOI, June 1 (Vietnam News/ANN): Vietnam is becoming a magnet in South-East Asia for attracting investment in start-ups, driven by a convergence of a young consumer and workforce base with increasing demands for digital technology in the post-pandemic period.

According to Vu Quoc Huy, Director of the National Innovation Centre (NIC), Vietnam saw a robust development of start-up firms last year and was on track to become the next growth driver of Southeast Asia and play a vital role in the region’s start-up golden triangle.