Low labour costs, strong investor interest drawing Singapore start-ups into Vietnam

Vietnam has a tech savvy population and a burgeoning middle-class, making it a potential pool of customers, said an expert. - ST

SINGAPORE (The Straits Times/Asia News Network): The number of start-ups from Singapore venturing overseas through Enterprise Singapore's Global Innovation Alliance (GIA) acceleration programmes has ballooned to more than 400 in less than five years.

One of the more popular destinations is Vietnam, with its large workforce, lower labour costs and sizeable market, say experts.