About startup landscape in Vietnam
Vietnam has over 16,205 startups across the country. Of these, 1.4K are funded companies that have collectively raised $21.8B in venture capital and private equity. The country is home to 7 unicorns. A total of 1,261 investors have participated in 1,326 funding rounds, with 136 startups securing early-stage funding and 75 raising late-stage funding. In the last five years, 1,133 new companies have been founded, raising over $52.8M in funding. Startups in Vietnam have witnessed 216 acquisitions and 408 IPOs, while 2,550 startups wrapped up operations. Additionally, 296 companies have been founded by women.
Top Companies in Vietnam
MoMo is the top company in Vietnam, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Vietnam:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of a platform for financial services, payments, and money transfers | Ho Chi Minh City (Vietnam) | 2007 | Series E | $434M | |
Online marketplace offering multi-category products | Ho Chi Minh City (Vietnam) | 2010 | Series E | $455M | |
Online games developer and cloud solutions provider | Ho Chi Minh City (Vietnam) | 2004 | Series B | $29M | |
Commercial bank | Ho Chi Minh City (Vietnam) | 1990 | Series D | $165M | |
Manufacturer and distributor of food & beverages | Ho Chi Minh City (Vietnam) | 2004 | Public | $60M |
Recent Funding Rounds in Vietnam
In the year 2026, till March 2026, $13.7M has been raised in 4 equity
funding rounds across Vietnam. In the same period last year (i.e. till March 2025), $142M had been raised across 6 rounds in Vietnam. So, 2026 has seen a 90.34% drop in funding in companies of Vietnam as compared to 2025.
Here are some recent, important funding rounds in Vietnam:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 1387 | Mar 09, 2026 | ||
Seed | 2627 | Feb 02, 2026 | and 1 more | |
Seed | 7769 | Jan 28, 2026 | ||
Series A | 4358 | Jan 19, 2026 | ||
Series A | 4728 | Dec 12, 2025 |
Want to know more about Startups in Vietnam ? Signup and Explore Tracxn for free
- 16.2K+ Total Companies
- $21.8B+ Total Funding
- 1.4K+ Funded Companies
- 405+ IPOs
- 215+ Acquisitions
Top Investors in Vietnam
Europa is the top investor in companies of Vietnam based on number of companies invested.
Here are some top investors in Vietnam:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Ho Chi Minh City (Vietnam) | ||
Ho Chi Minh City (Vietnam) | ||
Ho Chi Minh City (Vietnam) | ||
Hanoi (Vietnam) |
Acquisitions in Vietnam
In the year 2026, till March 2026, 4 acquisitions happened in Vietnam. Last year, in 2025, a total of 9 acquisitions happened in Vietnam.
Here are some recent, important acquisitions in Vietnam:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 17, 2026 | ||
Business Acquisition | Mar 12, 2026 | ||
Business Acquisition | Mar 11, 2026 | ||
Business Acquisition | Feb 09, 2026 | ||
Business Acquisition | Dec 17, 2025 |
IPOs in Vietnam
In the year 2025, till October 2025, 2 IPOs happened in Vietnam. In its previous year, in 2024, a total of 1 IPO happened in Vietnam.
Here are some recent, important IPOs in Vietnam:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 21, 2025 | Ho Chi Minh Stock Exchange (HSX) | |
Apr 04, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jul 01, 2024 | Ho Chi Minh Stock Exchange (HSX) | |
Jul 31, 2023 | Hanoi Stock Exchange (HNX) | |
Jul 19, 2023 | Ho Chi Minh Stock Exchange (HSX) |
Top News about startups in Vietnam
•
•
Gene Solutions and Element Biosciences Partner to Advance NGS Technology GloballyBioSpectrum Asia•Apr 23, 2025•Gene Solutions, Element Biosciences
•
IST partners with NAPAS to optimise digital payments in Vietnam
The Paypers•Apr 16, 2025•IDEMIA, NAPAS
•
•
Hanwha Group’s Pinetree Securities joins Alta Exchange as member firmThe Business Times•Feb 12, 2025•Pinetree Securities, Alta Motors
•
Axie Infinity Leads Annual Non-Fungible Token Sales with Over $4.2 BillionBlockchainreporter•Jan 04, 2025•Axie Infinity
•
•
Vietnamese startup Sky Mavis slashes 21 per cent of workforceVietnam Investment Review•Nov 27, 2024•Sky Mavis
•
•

