The Startup Ecosystem of Hanoi
Hanoi has 221 startups in our sample database. This represents about 42% of Vietnam’s startups. Hanoi is the 2nd best startup ecosystem in Vietnam.
CITY RANKING
In 2024, the startup scene of Hanoi shows much promise after advancing in the Global Ecosystem Index by 17 spots.
National Ranking
In Vietnam
Regional Ranking
In South East Asia
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Hanoi Top Startup Industries
17 startups
42 startups
34 startups
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Ecosystem HealthCheck
Hanoi Ecosystem Health Check
The health check tables allow you to look at the performance Hanoi has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Hanoi
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Startup Ecosystem Charts
Startup Funding in Hanoi2017 - 2024
Startup Funding in Hanoi 2017 - 2024
From 2022 to 2023, startup funding in Hanoi has decreased by 23.9%. During this period, the number of deals in Hanoi has decreased by 33.33%. Since 2017, total startup funding in Hanoi exceeded US$ $1.16B.
Average Funding in 2023
$3.16M
Funding in 2023
$88.53M
Deals in 2023
28
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Hanoi
Global Rank
Hanoi is ranked within the top 200 startup ecosystems globally.
Top Industries
Hanoi’s startups excel particularly in Edtech where it ranks 104 and in Ecommerce & Retail, and Fintech. Find out more
Top Cities for Startups in Vietnam - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 111th + 3 | 6.901 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 157th + 17 | 4.080 | 00.00 | 00.00 | 00.00 | |
3rd new | 896th new | 0.149 | 00.00 | 00.00 | 00.00 |
ECOSYSTEM
Why should you join Hanoi's Startup Ecosystem?
Overview
Within Hanoi there is an increased attraction for entrepreneurs to set up their startups in industries such as Edtech, Ecommerce & Retail, Fintech. These three industries represent about 42% of the startups represented on the Startup Ecosystem Map of Hanoi.
2nd
National Rank
7th
Regional Rank
Overview
Hanoi is Vietnam's 2nd best startup ecosystem and is ranked 7th in South East Asia. With a population of 2M - 10M people, Hanoi is ranked 157th in the world. The city has some notable startup success stories including Coc Coc.
ECOSYSTEM
Startup Infrastructure in Hanoi
Accelerators
Discover Top 9 Accelerators in Hanoi
Coworking Spaces
Discover Top 24 Coworking Spaces in Hanoi
BLOG
Recent Posts
Mon Apr 14 2025
From Service-Based to Product-Based Economy – Lessons from North Macedonia
In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]
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Thu Mar 06 2025
The Impact of Government Support on Startups
A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]