Vietnam Open Innovation Landscape Report 2021

Vietnam Open Innovation Landscape Report 2021

 

The Vietnam Open Innovation Landscape Report 2021 (developed by Bambuup and NSSC) provides a comprehensive analysis of the country’s startup and innovation ecosystem, highlighting trends, industry insights, and key findings from a national survey of startups. This report serves as a valuable resource for businesses, investors, and policymakers looking to navigate Vietnam’s evolving innovation landscape.

Key Highlights

1. Innovation Trends in the New Normal

The COVID-19 pandemic has accelerated digital transformation and reshaped innovation priorities in Vietnam. Key trends include:

  • Increased adoption of remote work and digital collaboration tools.
  • Growth in e-commerce, fintech, and healthtech sectors.
  • Rising investment in automation and AI-driven solutions.

2. Global Start-Up Ecosystem Overview

Vietnam is emerging as a key player in the global startup ecosystem. The report compares Vietnam’s innovation landscape with other leading startup hubs, highlighting areas of strength and potential for growth.

3. Vietnam Startup Ecosystem

Vietnam’s startup ecosystem has grown significantly, with increasing support from government policies, venture capital firms, and corporate innovation programs. Major cities such as Ho Chi Minh City, Hanoi, and Da Nang are becoming regional hubs for startup activity.

4. Industry Landscape and Key Innovation Trends

Key sectors driving innovation in Vietnam include:

  • Fintech & Digital Payments: Expansion of digital banking and mobile payment solutions.
  • E-commerce & Retail Tech: Rapid growth in online shopping and logistics technology.
  • HealthTech & EdTech: Increased adoption of telemedicine and digital learning platforms.
  • AgriTech & GreenTech: Sustainable solutions for agriculture and renewable energy.

5. Vietnam Startup Landscape Map

The report features a comprehensive startup mapping, categorizing Vietnam’s most promising startups by industry, funding stage, and innovation focus.

6. Survey for Vietnamese Startups

A national survey was conducted to assess the challenges and opportunities faced by Vietnamese startups. Key findings include:

  • Funding remains a major challenge for early-stage startups.
  • Increased collaboration with corporations and research institutions is driving innovation.
  • Demand for stronger legal and regulatory support to encourage foreign investment.

7. Moving Forward to the Future

The report outlines strategic recommendations for enhancing Vietnam’s open innovation ecosystem, including policy reforms, increased R&D investment, and stronger public-private partnerships.

Future Outlook

Vietnam’s innovation landscape is poised for continued growth, with strong government support, rising investor confidence, and an expanding network of startups and innovation hubs.


Request Full Report & Join the Network

Interested in the full Vietnam Open Innovation Landscape Report 2021? Join our network by making a request:

  • Receive the full report for comprehensive insights.
  • Engage with corporate partners to explore open innovation opportunities.
  • Collaborate in shaping future innovation policies.
  • Sponsor research and ecosystem-building initiatives.

Stay updated on Vietnam’s open innovation landscape by following us on NSSC’s official website.

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