Driven by a thriving digital economy, increasing foreign investment and strong government support, Vietnam’s startup ecosystem has experienced rapid growth in recent years.
As one of Southeast Asia’s most exciting and prominent markets, Vietnam has become a hub for innovation, especially in sectors like fintech, deep tech and e-commerce. With a young, tech-savvy population and ever-rising internet penetration, entrepreneurial activity has steadily increased, attracting both local and international investors alike.
Incubators and accelerators are playing an increasingly crucial role in this evolving landscape, providing startups with access to funding, mentorship and strategic networks and networking opportunities too. These programmes have been (and will continue to be) instrumental in nurturing early-stage business ventures, offering guidance on things like business strategy, product development and key industry networks.
The top incubators and accelerators in Vietnam support local startups while also attracting global entrepreneurs who are looking to tap into the region’s booming economy.
The State of the Vietnamese Economy
Vietnam’s economy has changed and grown dramatically over the last decade, becoming one of the most dynamic markets in Southeast Asia. With a strong focus on exports, manufacturing and digital transformation, Vietnam has managed to attract some major foreign investments, especially in tech, e-commerce and fintech.
In addition, the economy is well supported by government policies with a specific focus on innovation and Vietnam also has a young, tech-savvy workforce which is always a massive advantage.
The country’s GDP is consistently expanding, fuelled by rising consumer demand and a thriving startup ecosystem. Indeed, free trade agreements and massive improvements in infrastructure have positioned Vietnam as a key player in the global market. And, as digitalisation accelerates, the country’s economic future looks increasingly promising, and incubators and accelerators are a big part of this movement.
Top Incubators and Accelerators in Vietnam
Incubators and accelerators in Vietnam play a vital role in nurturing startups by providing mentorship, funding and networking opportunities. They help early-stage businesses refine their ideas, develop sustainable models and connect with investors, and this kind of support and make the difference between failure and long-term success.
As Vietnam’s startup ecosystem grows, these programmes continue to drive innovation and support entrepreneurial success across various industries.
These are the top incubators and accelerators in Vietnam.
More from Startups
- 7 Steps to Launching Your Pet Food Business
- How Design-Driven Storytelling Helps Startups Win Their First Investors
- Founder of the Week: Martijn Kaag
- 10 New Startups In Croatia
- Top Fintech Startups in Germany
- Startup of the Week: NFTfi
- Top 10 New Startups In Belgium
- Experts Share: How Important Is Sustainability For Startups In 2025?
DNES Finc
Founded in Da Nang, DNES Finc is one of Vietnam’s leading incubators, supporting early-stage startups by means of funding, mentorship and business development programmes.
It provides programme participants with training, access to a workspace and networking opportunities to help entrepreneurs refine their business models and scale efficiently.
With a strong focus on sustainability and innovation, DNES Finc collaborates with investors and industry experts to support promising startups.
It also boasts a strategic location in central Vietnam which allows it to be a key player in fostering regional entrepreneurship and economic development.
ThinkZone
ThinkZone is a prominent startup accelerator in Vietnam, known for its comprehensive support for tech-driven businesses. Backed by a network of experienced investors and corporate partners, it provides funding, mentorship, and strategic guidance. ThinkZone’s unique approach combines financial investment with hands-on operational support, ensuring startups receive tailored assistance. By focusing on scalable technology solutions, it has helped numerous Vietnamese startups expand regionally and globally, making it one of the country’s most influential accelerators.
StartupWheel
Startup Wheel is one of Vietnam’s largest startup competitions and acceleration programmes, designed to connect entrepreneurs with investors, mentors and business experts.
Launched by the Business Startup Support Centre (BSSC), it attracts thousands of startups annually. Beyond funding opportunities, Startup Wheel provides training, networking events and exposure to international markets.
Startup Wheel’s competitive structure helps startups refine their business models, making it a crucial platform for early-stage businesses looking to scale both locally and globally.
Vietnam Silicon Valley Capital Accelerator
Vietnam Silicon Valley Capital Accelerator (VSV Capital) is a government-backed programme designed to support early-stage startups through seed funding, mentorship and networking.
Inspired by Silicon Valley’s startup model, VSV Capital provides intensive training and investment opportunities to help startups scale.
Since its launch, it has backed numerous high-growth businesses across various sectors, including fintech, e-commerce and deep tech. Its strong investor network and global outlook make it a key player in Vietnam’s startup ecosystem.
NextUP Accelerator
NextUP Accelerator is dedicated to supporting tech-driven startups with a structured programme that includes mentorship, funding and business strategy development. It provides early-stage companies with access to a network of investors, industry leaders and global partners.
NextUP focuses on fostering innovation in fields such as AI, fintech and software development. By offering a mixture of financial backing and operational support, it helps startups overcome key challenges and accelerate their growth in Vietnam’s competitive business environment.
Sihub-Expara Accelerator
Sihub-Expara Accelerator is a collaboration between Saigon Innovation Hub (Sihub) and Expara, a venture capital firm specialising in early-stage investments. It provides startups with training, mentorship and investment opportunities, particularly in deep-tech and high-growth sectors.
The accelerator combines local expertise with international best practices, helping Vietnamese startups expand beyond domestic markets. With a strong focus on venture-building and commercialisation, Sihub-Expara equips entrepreneurs with the tools needed to succeed in today’s fast-evolving startup landscape.
WISE Accelerator
WISE Accelerator is Vietnam’s first accelerator that’s completely dedicated to supporting women-led startups. It provides mentorship, networking opportunities, and financial support to female entrepreneurs across various industries.
By addressing gender gaps in Vietnam’s startup ecosystem, WISE empowers women to scale their businesses and access international markets. The programme connects female founders with experienced investors and business leaders, fostering a more inclusive and diverse entrepreneurial environment.
WISE plays a crucial role in strengthening female entrepreneurship and innovation in Vietnam.