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The Startup Ecosystem of Ho Chi Minh City

Ho Chi Minh City has 272 startups in our sample database. This represents about 53% of Vietnam’s startups. Ho Chi Minh City is the highest-ranked startup ecosystem in Vietnam.

CITY RANKING

In 2024, the startup scene of Ho Chi Minh City shows much promise after advancing in the Global Ecosystem Index by 3 spots.

National Ranking

1st
0
In Vietnam

Regional Ranking

6th
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In South East Asia

Global Ranking

111th
+
3
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Ho Chi Minh City Top Startup Industries

Fintech icon
Fintech
#54 worldwide

37 startups

Edtech icon
Edtech
#62 worldwide

30 startups

Ecommerce & Retail icon
Ecommerce & Retail
#71 worldwide

50 startups

Ecosystem HealthCheck

Ho Chi Minh City Ecosystem Health Check

The health check tables allow you to look at the performance Ho Chi Minh City 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
IndustryGlobal rankMomentum YoYNumber of Startups
Global111192011

ECOSYSTEM

Browse the startup ecosystem database of Ho Chi Minh City

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Startup Ecosystem Charts

Startup Funding in Ho Chi Minh City2017 - 2024

Startup Funding in Ho Chi Minh City 2017 - 2024

From 2022 to 2023, startup funding in Ho Chi Minh City has remained stable%. During this period, the number of deals in Ho Chi Minh City has remained stable%. Since 2017, total startup funding in Ho Chi Minh City exceeded US$ $0.00.

Ecosystem

The Startup Ecosystem in Ho Chi Minh City

Our startup ecosystem map for Ho Chi Minh City includes a sample of 272 tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Ho Chi Minh City is ranked within the top 150 startup ecosystems globally.

Top Industries

Ho Chi Minh City’s startups excel particularly in Fintech where it ranks 54 and in Edtech, and Ecommerce & Retail. Find out more

Top Cities for Startups in Vietnam - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score
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Quantity Score
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Quality Score
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Business Score
No Data Available
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Download CSV file
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Startups

Notable Startups in Ho Chi Minh City
Pharmacity startup icon
Pharmacity
Sendo startup icon
Sendo
Concung startup icon
Concung

ECOSYSTEM

Why should you join Ho Chi Minh City's Startup Ecosystem?

Overview

Within Ho Chi Minh City there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Edtech, Ecommerce & Retail. These three industries represent about 43% of the startups represented on the Startup Ecosystem Map of Ho Chi Minh City.

1st

National Rank

6th

Regional Rank

Overview

Ho Chi Minh City is Vietnam's 1st best startup ecosystem and is ranked 6th in South East Asia. With a population of 2M - 10M people, Ho Chi Minh City is ranked 111th in the world. The city has some notable startup success stories including Pharmacity.

ECOSYSTEM
Startup Infrastructure in Ho Chi Minh City
With a large variety of initiatives, Ho Chi Minh City's startup ecosystem stands out from other cities in South East Asia. Ho Chi Minh City offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Ho Chi Minh City's most prominent support initiatives:

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