The tech sector is growing "because Vietnam is making strategic moves in terms of competitive advantages to attract foreign investment."
It is partnering with startup incubator HATCH! VENTURES
Some investors are offshoring tech work to fill the talent gap as they seek to grow startups
The startup boom is the latest chapter of Vietnam's growing presence in the global tech industry.
The game creator reportedly earned $50,000 a day from when the game was available last year
The startups will be introduced at a regional event in Thailand on November 26-27
Vietnam's strong economy and startup culture attracts funding
90 percent of the money has been provided by Hong Kong-based Cassia Investments
In addition to warm words, many are receiving training, subsidies, free office space and other support
The government is showing an increased interest in tech startups
Nearly 80 percent of local startups failed within the first three years since establishment
500 Startups announces local partners, plans to invest in 20 startups in the next 12 months