Vietnam's startup ecosystem climbs to 55th in global rankings
Vietnam is emerging as an attractive destination thanks to the effective implementation of its free trade agreements with the EU, the UK, and Asia-Pacific countries.
In 2025, Vietnam climbed one spot from the previous year to rank 55th globally and maintained its 5th position in Southeast Asia in the Global Startup Ecosystem Index 2025, announced by StartupBlink.
This marks the third consecutive year Vietnam has improved its ranking, demonstrating continuous efforts to enhance its national startup environment.
Mr. Eli David Rokah, Founder and CEO of CEO of StartupBlink , officially announced the Global Startup Ecosystem Index 2025 Report at a recent online seminar dedicated to unveiling Vietnam's 2025 startup innovation results.
Mr. Rokah stated that Vietnam's startup ecosystem holds significant potential due to its market size, rapid growth rate, and global supply chain shifts.
Vietnam is emerging as an attractive destination amidst rising production costs in China and the effective implementation of its free trade agreements with the EU, the UK, and Asia-Pacific countries.
StartupBlink's Global Startup Ecosystem Index 2025 report notes positive and breakthrough developments in Vietnam's three major startup hubs.
Ho Chi Minh City entered the top 5 startup ecosystems in Southeast Asia for the first time, securing the 110th globally– its highest ranking to date. Hanoi climbed 9 places to 148th, while Da Nang made a strong impression by jumping 130 spots to 766th, becoming the fastest-growing locality in the country.
Mr. Pham Hong Quat, Director General of the Department of Technology Entrepreneurship and Enterprise Development (Ministry of Science and Technology), stated that Vietnam's innovative startup ecosystem has made remarkable strides in recent years.
The three major cities—Hanoi, Ho Chi Minh City and Da Nang—have been ranked among the top 1,000 startup cities globally, reflecting joint efforts at both national and local levels. From policy frameworks to grassroots entrepreneurial energy, the ecosystem is rapidly developing.
