Industry insiders say Ho Chi Minh City has the makings of the next Silicon Valley-lite: a heavy math and science educational system, a decades-old software outsourcing industry that\u2019s created an abundance of inexpensive and talented engineers and the benefits of Vietnam\u2019s economic expansion, which last year was one of the fastest across Asia. \u201cThe new Vietnam is well beyond what people outside of Vietnam understand,\u201d said Binh Tran, co-founder of Ascend Vietnam Ventures, who returned from the Bay Area with his family in 2020. \u201cThis is a very accessible market and language is not a big barrier…you will find a lot of young hungry talent eager to join your startup.\u201d<\/p>\n
\u201cThe new Vietnam is well beyond what people outside of Vietnam understand,\u201d said Binh Tran, co-founder of Ascend Vietnam Ventures, who returned from the Bay Area with his family in 2020. \u201cThis is a very accessible market and language is not a big barrier \u2026 you will find a lot of young hungry talent eager to join your start-up.\u201d<\/p>\n