Investment in Vietnamese startups increased by 4 times
In 2021, the total investment capital in Vietnamese startups reached a record $1.4 billion, up 4 times compared to 2020. This figure was also 1.6 times higher than the record figure of 2019 was 874 million USD.
.jpg)
Mrs. Le Hoang Uyen Vy presented the report. Photo: BN
The above information was drawn from the Vietnam Innovation and Technology Investment Report 2021 published by Do Ventures and the National Innovation Center (NIC) in the morning of April 21 in Hanoi.
According to the report, along with the total capital increase, the total number of transactions also increased significantly, reaching 165 deals, an increase of 57% compared to 2020.
The report explains that this increase comes from the taste of investors who are quickly focusing on industry groups that have not been strongly impacted by the pandemic.
Leading in attracting investment capital is the e-commerce and payment industry: e-commerce received an investment of 469 million USD, while payment received an investment of 450 million USD.
In addition, the pandemic also created a boom in transaction volume in a number of new industries, leading to tremendous growth in those industries. The three most prominent industries include healthcare, education and digital transformation in businesses with growth rates in 2021 of 1,016%, 526% and 205% respectively.
Also in 2021, Vietnam has two more unicorns, MoMo (valued at nearly 2 billion USD) and Sky Mavis (valued at nearly 3 billion USD), bringing the total number of unicorns in Vietnam to 4. This technology affirms Vietnam's position as an emerging technology hub in the region."
The total number of investment funds operating in Vietnam in 2021 will increase by 60%, evenly distributed among countries. In which, Singapore is the most active investor, followed by Vietnam and the US.
A representative of Do Ventures also predicts that e-commerce and fintech will continue to lead as more consumers use products online. "We anticipate there will be a wave of new models of interest in these two areas, such as online grocery, D2C model, fast e-commerce along with financial solutions, such as financial management as property management, consumer loans, loans to small and medium enterprises..." - Mrs. Uyen said.
In addition, Do Ventures forecasts that, in 2022, investors may be interested in other promising areas including the creative economy, upskilling platforms web 3.0 with the increasingly popular appearance of cryptocurrencies.
ctngoc