Vietnam Digital Economy, Startup & Tech Statistics 2026
A curated roundup of the numbers behind Vietnam's startup and technology ecosystem in 2026
— hubs, venture funding, leading sectors, standout companies, and developer talent. Figures
are reference points and qualitative descriptors compiled from public sources; venture data
in particular is cyclical and varies across trackers. See our
sources for methodology and citations.
Ecosystem & hubs
Vietnam runs one of Southeast Asia's most active startup ecosystems, concentrated in two cities and increasingly AI-focused.
5,500+
Tech startups (all-time)
4,100+ still active; 60%+ founded since 2015.
Tracxn, 2025
Hanoi + HCMC
The two dominant hubs
~2,127 and ~2,098 startups; Da Nang (147) and Can Tho emerging.
Tracxn, 2025
44 / 140
Global Innovation Index rank
A dynamic, rising innovation economy.
WIPO, 2025
$39B
Digital economy (2025)
Double-digit growth; on track to be SEA's 2nd-largest.
Do Ventures / e-Conomy SEA 2025
14.02%
Digital economy share of GDP (2025, narrow measure)
About US$72.1B, up from 12.87% in 2021. 18.7% on a broader definition (ministry mid-2025 report); the government targets about 30% by 2030.
Ministry of Science and Technology
~$40.9B
Digital technology industry, GDP contribution (2025)
VND 1.075 quadrillion, up 10%.
Ministry year-end report via Vietnam News, 2025
75,000+
Digital technology enterprises operating
Ministry of Science and Technology via Vietnam News
Funding (2025)
Private capital staged its strongest rebound in years in 2025 — doubling on the back of record PE, with VC recovering toward fewer, larger bets.
$4.5B
Total private capital (2025)
Across 149 deals — roughly double 2024.
Do Ventures, 2025
$509M
VC funding (2025)
+28% YoY; 103 deals as investors made fewer, higher-conviction bets.
13× the 2023 level across 23 deals — the fastest-growing theme.
Do Ventures, 2025
$3.2B
All-time startup funding
9 mega rounds of $100M+; MoMo raised 3 of them.
Tracxn, 2025
119
Active VC investors (2025)
Singapore largest; Japanese and European investors returning.
Do Ventures, 2025
Unicorns & standouts
Vietnam has produced six unicorns across fintech, gaming, and e-commerce, plus a rising cohort of global-facing founders.
6
Unicorns (all-time)
Tiki, MoMo, Sky Mavis, VNPAY, VNLIFE, VNG.
Tracxn, 2025
MoMo
Leading fintech unicorn
Wallet → lending, insurance, investing; 3 mega rounds.
Sky Mavis
Blockchain-gaming unicorn
Axie Infinity; global reach.
VNG
First unicorn
Gaming, Zalo, ZaloPay.
76
Startup exits to date
52 acquisitions and 24 IPOs.
Tracxn, 2025
$51M
Global-founder startups (2025)
All-time high; Coolmate, NamiTech, Dutycast.
Do Ventures, 2025
Sectors & themes (2025)
AI is the breakout theme; fintech remains the deepest sector, with health, retail, and climate tech gaining.
AI
Fastest-growing theme
$130M in 2025; Vietnam ranks 2nd in SEA for AI startups.
Do Ventures, 2025
Fintech
Deepest sector
Payments, lending, wallets — anchored by MoMo, VNPAY.
$170M
Healthcare funding (2025)
Recovering toward its 2023 level.
Do Ventures, 2025
Climate tech
Rising theme
+52% to $35M; Dat Bike, Alterno, Stride.
Do Ventures, 2025
Semiconductors
Strategic priority
One of 11 strategic technologies alongside AI and green tech.
MoST, 2025
Exits, IPOs & policy
IPO exits reopened in 2025 — but not yet for tech — while policy shifted toward targeted, well-funded support.
3 IPOs
Public listings (2025)
~$1.4B raised, all financial services — up from one $37M IPO in 2024.
Do Ventures, 2025
0
Tech IPOs (2025)
5th straight year; IT is only ~5% of HOSE by weight.
Do Ventures, 2025
$3–5B
IPO pipeline (2026–27)
Highlands Coffee, Golden Gate, F88 — the busiest cycle in a decade.
Do Ventures, 2025
Resolution 57
Government backing
Plus a planned national VC fund (target $100M+).
MoST, 2025
+3–4
Unicorns targeted by 2030
Focus on 11 strategic technologies (AI, semiconductors, green tech).
MoST, 2025
Notes on methodology
These statistics give a directional picture of Vietnam's startup and tech scene. Venture-
funding figures are cyclical and vary across data providers (all-time totals from Tracxn,
annual flows from Do Ventures), so cross-check the primary source before relying on a single
number. For definitions of terms like fintech, super-app, and neobank, see our
glossary.
Reading digital economy figures. The size depends on the definition, so say which
measure you cite. The 14.02% share counts the value added by digital activity and fits official
statistics best; the 18.7% figure also counts digitally enabled sectors. The US$39B e-Conomy SEA
figure is gross merchandise value, a different measure again, so do not set it against a share of
GDP. 2025 figures are estimates and may be revised, and sector figures come from different sources
and periods, so do not add them up.
Primary sources: Do Ventures & NIC (Vietnam Innovation & Private
Capital Report 2026, full-year 2025); Tracxn (Vietnam Tech Startup Pulse, 2025); Ministry of
Science and Technology (MoST) / TECHFEST 2025; Google · Temasek · Bain "e-Conomy SEA 2025";
WIPO Global Innovation Index. Digital economy figures: the ministry's 2026 press briefing
(VnEconomy,
VNA)
and Vietnam News on the
digital technology industry
and its 75,000+ enterprises.
Figures are full-year 2025 unless noted.
