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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.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Acquisitions

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
Get a longer list of companies

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
Seed
7769
Jan 28, 2026
 and 1 more
Series A
4358
Jan 19, 2026
Series A
4728
Dec 12, 2025
See a more detailed list of funding rounds
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  • 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:
See a more detailed list of investors

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
See a more detailed list of acquisitions

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)
See a more detailed list of IPOs

Top News about startups in Vietnam

VNG founder Le Hong Minh steps down as CEOTech in AsiaNov 26, 2024VNG
View All Top News about startups in Vietnam

FAQs about Startups in Vietnam

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