Top 10 incubators of Vietnam

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Vietnam’s start-up scene has seen a positive growth in past few years. The mushrooming of start-up of various domain is very much guaranteed With current(2013) ~91.5 million population and 34% internet penetration rate and over 10 million active Facebook users. Along with the growth of start-up, various types of incubators have also come up to support and find opportunities in start-up arena. There could be over 20 incubators in whole of Vietnam, but we will focus on 10 incubators here. Vietnam has two major city Hanoi (capital of Vietnam) and Ho chi Minh City (Saigon).

Incubators of Hanoi –
Topica Founder Institute – It provide training course since 2011. It take in new start-up into 15 week start-up accelerating program. Last year 11 start-ups graduated from it.

5Desire – They run a co-working space and provide incubation services to start-ups from various sectors.

Hatch.vn – It conducts monthly events to connect various start-up and its support system. Its trying to build start-up ecosystem in Hanoi.

FPT – Vietnam’s one of the big technology firm also have programs targeted for students start-up with incubator FICO.

Incubators of Ho Chi Minh city (Saigon) –

Start center – co-working space provider and conducts events for start-up

Egg Agency – a growth accelerating incubator

mLab  – supported by world bank- they run hackathon and competition to incubate its co-working space

Skynet – Its business model is in-sourcing rather than outsourcing – it incubates company inside its own company who comes to them

Quang Trung Software City – IT park designed for Vietnamese tech industry supports technology company sprung from universities.

Apart from above there are government program to accelerate and support start-up scene. At present activity is far below as per International start-up leading city/region. The growth of Vietnamese economy will definitely going to bring the start-up scene of Hanoi/Saigon in to world map in few years.

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