70% of population below 30 years of age with high literacy rate (94%)
Having been operating in Vietnam for over 15 years with a $100 million fund under management, IDG Ventures Vietnam (IDGVV) is the first technology venture capital fund in Vietnam focused on helping entrepreneurs grow innovative companies on a global basis with a strategic emphasis on early stage companies (from seed to growth stage) in the consumer, media, telecom and technology sectors. Highly motivated with “Confucian” style work ethic. More than 400,000 SMEs registered since 2000 (Strong entrepreneurial culture; repeat entrepreneurs becoming more prevalent.) French-colonial history with history of working with the West. English as the official business language. Labor force hardworking and highly adaptable.