Karamba Security, an Israel-based security startup, has announced that it received additional US$10 million in the series B round led by Vietnamese auto maker VinFast, a member of Vietnam’s VinGroup conglomerate.

Despite the severe COVID-19 pandemic, the Vietnamese startup ecosystem is witnessing an impressive growth, with various startup projects being successful in gaining millions of dollars of capital this year.

VOV.VN - The fourth forum of young Vietnamese intellectuals across the globe was held virtually on November 25, attracting the participation of 177 representatives from Vietnam and 16 countries and territories.

Homebase, a Vietnamese proptech startup, has raised US$30 million of funding from many world leading adventurous funds including Y Combinator, Partech Partners, Goodwater Capital, Ace and Company and Emles Advisors.

The National Startup Support Centre of Vietnam (NSSC) recently signed a Memorandum of Understanding (MoU) with the Association of Small and Medium-sized Enterprises and Crafts of the Czech Republic (AMSP ČR) with the aim to develop the two countries’ start-up ecosystem and entrepreneurship.

VOV.VN - Over 150 businesses from the Kansai region of Japan participated in the Vietnam-Kansai startup workshop which aims to ramp up trade co-operation and further develop Vietnam’s start-up eco-system.

VOV.VN - The Central Committee of the Ho Chi Minh Communist Youth Union held a virtual exchange on October 22 to promote friendship amongst youths from Vietnam, Laos, and Cambodia.

More and more startups nowadays are committed themselves to finding innovative solutions to environmental problems.

Indonesian start-ups and venture capital funds are pouring more capital into Vietnam, especially in digital technology, due to the similarity in business environment between the two countries, the Dau tu (Investment) newspaper reported.

The ADB Ventures - Supporting Impact Startups, a joint project between Vietnam National Innovation Centre (NIC) and the Asian Development Bank (ADB), has been launched, offering US$1 million for Vietnam between 2021 and 2023.