Proptech in Vietnam is developing and expanding on the back of strong momentum in the Vietnamese real estate market, due to its benefits in improving accuracy and speed, as well as cost savings and convenience.
Lotte Accelerator Corporation, an accelerator and venture capital firm under Lotte Group from the Republic of Korea (RoK), will pour at least US$1 million into Vietnamese startups in the first five years.
Microsoft Vietnam and Vietnam Silicon Valley (VSV) have signed a Memorandum of Understanding on supporting and developing information and technology application for the country's startup community.
Venture capital is a relatively new concept for many Vietnamese. So the Government should attract investors to the field. Minister of Science and Technology Nguyen Quan speaks to the English language daily Vietnam News about it.