Amidst funding slowdown in Vietnam, these 5 tech startups inspire hope for the rest of the year

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Amidst funding slowdown in Vietnam, these 5 tech startups inspire hope for the rest of the year - e27

Quick Summary:

In April, Vietnamese tech company FPT Global announced a strategic partnership with multi-national corporation NVIDIA to build an AI Factory in Vietnam.

FPT plans to invest US$200 million in building an AI factory, which will provide a cloud computing platform for AI research and development (R&D) in Vietnam.

Interestingly, this market correction only took place a full year after the first chills of the market downturn were felt in the US — the region did not see a sharp decline in capital intake until the end of 2022,” Cento Ventures said.