Foreign Entrepreneurs in Vietnam

Vietnam has become a popular destination for foreign

, especially in Ho Chi Minh City, which 52% of all foreign startups. The country attracts investors due to its young population, low business costs, and strategic location.

One example is Graeme, a British entrepreneur who started Recover, a

, after noticing a market gap. Despite challenges like cultural differences and complex banking systems, his business has stabilized and plans to expand.

Vietnam's business-friendly policies, such as

, further encourage foreign startups. According to Vinnie Lauria of Golden Gate Ventures, the country is a hub for startups in edutech, fintech, and digital transformation. Its strong economy and young workforce make it an attractive place for .