13-04-2016 01:19 via uk.news.yahoo.com

Vietnam's young tech talent pulls foreign funds to booming startup scene

By Mai Nguyen HANOI (Reuters) - Vietnam's tech startups are emerging as a force to be reckoned with as foreign private equity funds bet the country's talented young brains will yield more successes like the international hit game Flappy Bird. Just last month, financial powerhouses Goldman Sachs and Standard Chartered PLC raised their investment in the operator of e-wallet MoMo by $28 million, while Silicon Valley-based venture capitalist 500 Startups announced a $10 million Vietnam-focused fund.
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