Market Insights Financial Capital Raising Traditional Capital Raising

Venture Capital - Vietnam

Vietnam

The country in Vietnam is expected to see Total Capital Raised in the Venture Capital market market reaching US$770.50m by 2024.
Within the market, Early Stage is anticipated to dominate with a projected market volume of US$363.70m in 2024.
When looking at global comparisons, the United States is forecasted to generate the most Capital Raised, amounting to US$136,600.0m in 2024.
Vietnam's Venture Capital market is rapidly expanding, driven by a surge in tech startups and government support for innovation.

Key regions: Europe, United States, United Kingdom, Australia, Brazil

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Analyst Opinion

Vietnam has experienced significant growth in its Venture Capital market in recent years, driven by a combination of customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in Vietnam have shifted towards entrepreneurship and innovation, with a growing number of individuals and businesses seeking funding for their startup ventures.

This is partly due to the increasing availability of technology and internet access, which has opened up new opportunities for business development. Additionally, there is a strong desire among young Vietnamese entrepreneurs to create their own companies and be part of the startup ecosystem. The market trends in Vietnam's Venture Capital industry reflect the growing interest in startups and innovation.

There has been a surge in the number of venture capital firms and angel investors in the country, providing funding and support to early-stage companies. This trend is also driven by the success stories of Vietnamese startups that have achieved significant growth and attracted international attention. As a result, more investors are looking to capitalize on the potential of Vietnam's startup ecosystem.

Local special circumstances have also played a role in the development of Vietnam's Venture Capital market. The government has implemented various initiatives to support entrepreneurship and innovation, including the establishment of startup incubators and accelerators. These programs provide funding, mentorship, and networking opportunities for startups, creating a conducive environment for venture capital investment.

Additionally, the Vietnamese government has introduced policies to attract foreign investment and promote economic growth, further fueling the development of the Venture Capital market. Underlying macroeconomic factors have contributed to the growth of Vietnam's Venture Capital market. The country's strong economic performance and stable political environment have attracted both domestic and international investors.

Vietnam's young and dynamic population, coupled with its rapidly expanding middle class, presents a large consumer market with significant growth potential. This has attracted venture capital investors who see opportunities to invest in companies that cater to the needs and preferences of Vietnamese consumers. In conclusion, Vietnam's Venture Capital market has experienced significant growth due to customer preferences for entrepreneurship and innovation, market trends in startup funding, local special circumstances that support the startup ecosystem, and underlying macroeconomic factors that attract investors.

As Vietnam continues to develop and modernize its economy, the Venture Capital market is expected to further expand and contribute to the country's economic growth.

Methodology

Data coverage:

Data encompasses B2B and B2C enterprises. Figures are based on the amount of capital raised, the average of deal size and the number of deals.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use data from OECD, annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, CPI, number of small and medium-sized enterprises (SME), new businesses registered (number) . This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.