Huge potential: A poster for food-finder app Lozi is seen at their office in Hanoi, Vietnam. 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.
HANOI: 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.
Just last month, financial powerhouses Goldman Sachs and Standard Chartered PLC raised their investment in the operator of e-wallet MoMo by US$28mil (RM108.4mil), while Silicon Valley-based venture capitalist 500 Startups announced a US$10mil (RM38.7mil) Vietnam-focused fund.
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