Tech — Blog — Expats in Ho Chi Minh City

Vietnam's growth sectors for the coming years

The Vietnam Venture Summit 2023, held in Hanoi, explored Vietnam's status as an investment hub for 2024. Despite the uncertainties of 2023, Vietnam attracted nearly $20.21 billion in foreign direct investment in the first nine months of the year, reflecting its strong economic expansion. The country's resilience is attributed to policies that support innovation and digitization, fostering international trade relations. The Summit also launched a report, "Road to Greatness: Rewriting Vietnam's Growth Playbook," highlighting Vietnam's economic resiliency. The event featured leaders from various sectors and emphasized Vietnam's role in the global supply chain. Additionally, Vietnam is strengthening its global partnerships and positioning itself as a center for high-value foreign direct investment. The country is set to dominate the listing of international companies in the next 18 months, demonstrating its economic growth. The report identifies five key sectors for Vietnam's future growth: healthtech, fintech, tech-enabled logistics, green economy, and edtech. These sectors align with Vietnam's goal to become a developed nation by 2050 and the global demand for innovation.

BusinessTom HolgerssonNovember 3, 2023Expatshcmc, Growth, Vietnam, Tech, Edtech, Fintech

Vietnam emerging as a Tech Hub

Introduction: Vietnam has emerged as a vibrant hub for innovation and entrepreneurship in Southeast Asia. With a dynamic tech ecosystem and a growing fintech industry, the country has witnessed the rise of numerous start-ups pushing boundaries and revolutionizing various sectors. In this article, we will delve into some of the most interesting start-up companies in the fields of technology and fintech that are making waves in Vietnam.