Over $1.3bln in capital goes to startups in 2021

Vietnam saw a record increase in capital invested into startups in 2021, totaling more than $1.3 billion, with similar levels expected this year. Most deals, however, are funded by foreign investors. Another issue of note is the low number of projects being funded, at about 100 deals each year, while Vietnam has approximately 3,800 startups and 200 investment funds.