Hau Ly is a partner at Ascend Vietnam Ventures (AVV), an early-stage venture capital firm investing in Southeast Asia with a focus on Vietnam.
I became a venture capitalist in Vietnam in 2016, which the government coincidentally called the “year of startups” and made the startup ecosystem a national strategic priority. Vietnam has since emerged as the tech hub of booming Southeast Asia, with ambitious long-term goals set. By 2030, Vietnam wants to have 10 unicorns and the digital economy is expected to contribute 30% of the gross domestic product.