Vietnam shall be the third largest startup ecosystem in Southeast Asia, says GoldenGate Venture
According to Golden Gate Ventures, Vietnam is predicted to turn out to be the third-largest startup ecosystem by 2022. Vietnam will see over 300 IPOs in 2030, almost 3 times the variety of listed corporations in 2020.
As reported within the press Vietnam news, In its Southeast Asia Startup Ecosystem 2.0 report, Golden Gate Ventures said Southeast Asian enterprise capital is predicted to take a position early in Vietnam’s development. E-commerce, financial services, online media, online travel services and food transportation are Vietnam’s five sectors with huge growth potential.
According to Golden Gate Ventures, Vietnamese entertainment and media will expand significantly over the following decade after receiving roughly $100 million in funding in 2020. Central creative content.
We’ve seen fast-growing startups in Southeast Asia like Grab and Go-Jek, but a brand new generation of entrepreneurs in these fast-growing corporations are actually starting their very own businesses. Over the past decade, more corporate enterprise capitalists have emerged and are leading an increasing variety of seed and A round funds.
The Vietnamese government is offering the local startup a four-year corporate income tax exemption and free government-owned innovation facilities and incubators.
