Competition for spotting top bets grows as more early-stage funds spring up in Vietnam

Competition for spotting top bets grows as more early-stage funds spring up in Vietnam

Vietnamese national flags and billboards advertising the 12th National Congress of the Communist Party of Vietnam line a highway in Hanoi, Vietnam. Photographer: Maika Elan/Bloomberg

Vietnam is seeing more and more early-stage investors preparing their debut and successor vehicles, often targeting a much-expanded corpus compared to predecessors, as they step up their bets on the fast-growing technology ecosystem in the domestic market.