This is the second post of “Now in Vietnam“, where TechNode visits Vietnam’s leading companies, to explore the next startup ecosystem to emerge among Southeast Asian countries. Vietnam’s GDP growth could surpass China by 2020 according to Turicum Investment Management

Vietnamese startups saw a 46% rise in investment in 2016, valued at $205 million. Vietnamese startups are strong in fintech and are getting global attention. Vietnam can serve as an optimal market for foreign startups, as it has 97.5 million population, most of them young and tech savvy.

Startups flock to Vietnam’s main cities, Hanoi, the capital city which has 7.5 million people, and Ho Chi Minh, which has 8.4 million population.

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Eva Yoo

Eva Yoo is Shanghai-based tech writer. Reach her at evayoo@technode.com