The rapid development of the IT revolution has helped startups generate a buzz in the social circle, establishing a new era of promoting globalisation in all sectors while building a new economy – the sharing economy.
Experts attributed the big interest among foreign investors in Vietnamese edtech start-ups to the very positive outlook of the country’s online education market.
Six Vietnamese start-up firms have raised at least 50,000 USD each from the Singaporean investor Insignia Ventures at the seed funding round.
The most funded startup categories in Vietnam last year were all based on advanced technological applications.
The three best teams won sponsor packages from Facebook (FbStart) worth US$80,000 each at the TOPICA AI Edtech Asia Hackathon 2017, the largest artificial intelligence contest in Southeast Asia.
Eight startups received awards in five categories at the 2016 Start-up Festival in Hanoi on December 29.
Many Thai and Filipino students are now learning online under Topica Native’s education platform, which is now heading to Indonesia.
Dr. Pham Minh Tuan, Chairman of the TOPICA Education Group, is the only Vietnamese representative on the list of 192 Young Global Leaders announced by the World Economic Forum (WEF) recently.