S Korean venture capital influx slows in Vietnam as investors tread cautiously

S Korean venture capital influx slows in Vietnam as investors tread cautiously

Ho Chi Minh City, Vietnam on Unsplash

Vietnam witnessed a surge in investments from South Korean venture capital investors in 2019-2021, a period when they bet heavily on startups in one of SE Asia’s fastest-growing economies. In fact, during 2019-2021, the term ‘Korean VC-backed Vietnamese startup’ became a popular descriptor for many an enterprise.

Edited by: Padma Priya