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25 Fastest Growing Startups Founded in Vietnam

Vietnam is home to hundreds of startups and you can find the best 25 in this article.

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There’s no doubt that the startup scene in Vietnam is unique.

The country has created dozens of successful startups, over the years.

Some of them are already worth billions of dollars.

So whether you’re looking to start your own business, or just interested in learning about fast-growing startups from Vietnam, here’s an extensive list of 25 startups founded there.


25 Startups in Vietnam

1) Axie Infinity

1) Axie Infinity

Axie Infinity is a game in which players acquire, raise, and battle fantasy creatures known as Axies.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2018
  • Industries: Blockchain, Video Games
  • Number of employees: 11-50
  • Funding amount: $9,000,000
  • Number of funding rounds: 3
  • Number of investors: 10

You can find their website here.

2) Momo

2) Momo

Momo is an e-wallet and payments app that enables users to make digital payments and money transfers.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2007
  • Founders: Diep Nguyen, Tuong Nguyen
  • Industries: Finance, FinTech, Mobile Payments, Payments
  • Number of employees: 251-500
  • Funding amount: $233,750,000
  • Number of funding rounds: 4
  • Number of investors: 8

You can find their website here.

3) Tiki Corporation

3) Tiki Corporation

Tiki.vn is Vietnam's fastest-growing retail company, with a strong chance of becoming a market leader.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2010
  • Founders: Son Tran Ngoc Thai
  • Industries: E-Commerce, Retail, Shopping
  • Number of employees: 501-1000
  • Funding amount: $192,500,000
  • Number of funding rounds: 7
  • Number of investors: 11

You can find their website here.

4) Sendo

4) Sendo

Sendo is an online store that sells apparel, homeware, cosmetics, tech accessories, and other items.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2012
  • Founders: Dung Nguyen Dac Viet, Nguyen Phuong Hoang, Tran Hai Linh
  • Industries: Consumer Electronics, Consumer Goods, E-Commerce
  • Number of employees: 251-500
  • Funding amount: $112,000,000
  • Number of funding rounds: 8
  • Number of investors: 12

You can find their website here.

5) VNpay

5) VNpay

VNpay is a Vietnamese payment service provider.

Details of the startup:

  • City: Hanoi
  • Started in: 2007
  • Founders: Tanh Le
  • Industries: Banking, Finance, Payments, Telecommunications
  • Number of employees: 501-1000
  • Funding amount: $300,000,000
  • Number of funding rounds: 1
  • Number of investors: 2

You can find their website here.

6) Nano Technologies

6) Nano Technologies

Employer and employee financial wellness solutions

Details of the startup:

  • City: Hanoi
  • Started in: 2020
  • Founders: Dung Dang, Thang Nguyen
  • Industries: Financial Services, FinTech, Software
  • Number of employees: 11-50
  • Funding amount: $3,000,000
  • Number of funding rounds: 3
  • Number of investors: 6

You can find their website here.

7) Sky Mavis

7) Sky Mavis

Blockchain Technology Simplified - We use fun and practical applications to introduce the benefits of blockchain to everyone.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2019
  • Founders: Aleksander Leonard Larsen, Jeffrey Zirlin, Trung Nguyen
  • Industries: Blockchain, Video Games
  • Number of employees: 11-50
  • Funding amount: $9,000,000
  • Number of funding rounds: 2
  • Number of investors: 16

You can find their website here.

8) POPS Worldwide

8) POPS Worldwide

POPS Worldwide is a digital entertainment firm that creates original material in a wide range of genres.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2008
  • Founders: Esther Nguyen
  • Industries: Digital Entertainment, Digital Media, Film Production, Internet, Music, Social Media, Video
  • Number of employees: 101-250
  • Funding amount: $31,820,509
  • Number of funding rounds: 3
  • Number of investors: 4

You can find their website here.

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9) Finhay

9) Finhay

Finhay is a wealth management tool for millennials that allows them to micro-invest in mutual funds.

Details of the startup:

  • City: Hanoi
  • Started in: 2017
  • Founders: Huy Nghiem, Minh Tri Do
  • Industries: Advice, Financial Services, FinTech, Wealth Management
  • Number of employees: 11-50
  • Funding amount: $1,102,423
  • Number of funding rounds: 4
  • Number of investors: 4

You can find their website here.

10) FE CREDIT

10) FE CREDIT

Consumer loan services are provided through FE CREDIT, a consumer finance market.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2015
  • Industries: Commercial, Consumer Lending, Finance, Financial Services
  • Number of employees: 501-1000
  • Funding amount: $50,000,000
  • Number of funding rounds: 1

You can find their website here.

11) Propzy

11) Propzy

Propzy is a real estate platform that strives to make buying, selling, and renting a home as safe as possible.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2014
  • Founders: John Le
  • Industries: Marketplace, Real Estate, Social Media
  • Number of employees: 501-1000
  • Funding amount: $33,000,000
  • Number of funding rounds: 3
  • Number of investors: 11

You can find their website here.

12) F88

12) F88

F88 is dedicated to providing customers with high-quality items and excellent service.

Details of the startup:

  • City: Hanoi
  • Started in: 2013
  • Founders: Cong Tran, Steven Nguyen
  • Industries: Consumer, Financial Services, Lending, Trading Platform
  • Number of employees: 11-50
  • Funding amount: $18,809,416
  • Number of funding rounds: 5
  • Number of investors: 2

You can find their website here.

13) MASAN Group

13) MASAN Group

MASAN Group is one of Vietnam's largest private corporations, focusing on the consumer and resource industries.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 1996
  • Founders: Nguyen Dang Quang
  • Industries: Finance, Financial Exchanges, Financial Services
  • Number of employees: 1001-5000
  • Funding amount: $250,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

14) Base.vn

14) Base.vn

Base.vn's objective is to provide an open and intelligent platform where all of Asia's greatest business apps can be found.

Details of the startup:

  • City: Hanoi
  • Started in: 2016
  • Founders: Hung Pham
  • Industries: Information Technology, Internet, SaaS
  • Number of employees: 251-500
  • Funding amount: $1,300,000
  • Number of funding rounds: 2
  • Number of investors: 5

You can find their website here.

15) EcoTruck

15) EcoTruck

EcoTruck is a business-to-business logistics enterprise.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2017
  • Founders: Anh Le
  • Industries: Logistics, Supply Chain Management
  • Number of employees: 101-250
  • Funding amount: $4,000,000
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

16) Buy2sell

16) Buy2sell

Buy2sell is a platform for importing products' supply chain and distribution.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2015
  • Industries: Consulting, E-Commerce, Marketplace
  • Number of employees: 101-250
  • Funding amount: $10,000,000
  • Number of funding rounds: 1

You can find their website here.

17) Rikkei Finance

17) Rikkei Finance

Rikkei Finance is a DeFi platform with a proprietary Open Lending System that includes cross-chain lending, NFTs collateralization, and peer-to-peer insurance.

Details of the startup:

  • City: Hanoi
  • Industries: Finance, Financial Services, Insurance
  • Funding amount: $5,600,000
  • Number of funding rounds: 1
  • Number of investors: 14

You can find their website here.

18) Luxstay

18) Luxstay

An online short-term rental platform and hospitality service that allows guests to stay in the homes of locals for a unique experience.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2016
  • Founders: Steven Nguyen
  • Industries: Hospitality, Sharing Economy, Travel Accommodations, Vacation Rental
  • Number of employees: 101-250
  • Funding amount: $10,500,000
  • Number of funding rounds: 4
  • Number of investors: 8

You can find their website here.

19) Pharmacity

19) Pharmacity

Pharmacity is a retail drugstore business that sells a wide range of healthcare products.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2011
  • Founders: Thien Le
  • Industries: Health Care, Medical, Pharmaceutical, Retail
  • Number of employees: 501-1000
  • Funding amount: $31,800,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

20) VPBank

20) VPBank

VPBank has had consistent growth throughout its existence as one of Vietnam's first joint-stock commercial banks.

Details of the startup:

  • City: Hanoi
  • Started in: 1993
  • Industries: Banking
  • Number of employees: 5001-10000
  • Funding amount: $150,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

21) Jio Health

21) Jio Health

Jio Health keeps track of vital signs, manages prescriptions, and establishes meaningful connections with clinicians and caregivers.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2016
  • Founders: Raghu Rai
  • Industries: Fitness, Health Care, Wellness
  • Number of employees: 101-250
  • Funding amount: $7,726,020
  • Number of funding rounds: 2
  • Number of investors: 1

You can find their website here.

22) LOGIVAN

22) LOGIVAN

LOGIVAN is a digital platform that assists businesses in rapidly and simply locating trucks.

Details of the startup:

  • City: Hanoi
  • Started in: 2017
  • Founders: Linh Pham
  • Industries: Logistics, Railroad, Transportation
  • Number of employees: 1-10
  • Funding amount: $7,850,000
  • Number of funding rounds: 6
  • Number of investors: 6

You can find their website here.

23) Go2Joy

23) Go2Joy

Go2Joy is a mobile O2O platform in Vietnam that connects local hotels and local hotel users.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2016
  • Founders: Simon Byun
  • Industries: Android, Apps, Hospitality, Hotel, iOS, Mobile Apps, Travel Accommodations
  • Number of employees: 11-50
  • Funding amount: $6,100,000
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

24) JAMJA

24) JAMJA

JAMJA is a marketing tool that assists merchants in increasing traffic and sales (online store and brick-and-mortar store)

Details of the startup:

  • City: Hanoi
  • Started in: 2015
  • Founders: Le Hung Viet
  • Industries: E-Commerce, Lead Generation, Online Portals, Shopping
  • Number of employees: 51-100
  • Funding amount: $1,865,216
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

25) YOLA

25) YOLA

YOLA offers junior English classes.

Details of the startup:

  • City: Ho Chi Minh City
  • Started in: 2009
  • Industries: E-Learning, EdTech, Education
  • Number of employees: 51-100
  • Funding amount: $14,900,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

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