Vietnam Overview
One Of The Leading Innovation Hubs Of Southeast Asia
Overall
As a startup ecosystem builder, we strengthen and create sustainable values for the Vietnam startup ecosystem.
BSSC is a bridge connecting startups to ecosystem stakeholders including investors, corporations, ect. We foster and strengthen the Vietnam startup ecosystem overall. BSSC is also a gateway for Vietnamese startups to go global and for international startups to connect with the startup ecosystem in Vietnam.
HIGHLIGHTS
Total population in 2022
98,83 million
Total GDP in 2022
US$371.5 billion
Accumulated FDI value from 139 countries
US$438 billion
Total population of working age
55,8 million
GDP Per Capita
US$4,100
Factors making Vietnam an attractive investment destination
1
Strategic location
Middle of SEA. Short-distance flight to East Asia (Japan, Korea)
2
Talents
Golden age structure with young population, large workforce with growing talents
3
Global openness
Participation in strategic trade agreements across the world
4
High-growth economy
Among the fastest growing economies in ASEAN
5
Large market
With increasing purchasing power & emerging middle class
6
Competitive cost
Competitive labour costs and increasing productivity
Digital population
61,37M
Number of smartphone users
201 billion USD
Estimated mobile payment transaction value
58.8%
Vietnam’s broadband penetration rate
76,95M
Total number of Facebook users
82%
Vietnam online banking penetration rate
73.2%
Vietnam Internet penetration rate
2 hrs /day
The average amount of time using Youtube
