Silicon Valley Talent Is Helping Grow Vietnam's Startup Hub
An abundance of inexpensive engineers coupled with a fast growing economy makes Vietnam an attractive spot for startups, founders say. There are challenges ahead.
Vinnie Lauria takes his children to school by motorbike in Ho Chi Minh City.
Photographer: Maika Elan/BloombergOn a recent morning, Vinnie Lauria found himself weaving through the clogged, narrow streets of Ho Chi Minh City on a motorbike with his three-year-old son as they navigated the morning rush to school. Had he still been living in Silicon Valley the commute would have been less adventurous, but this was where the action was.
Lauria, an American expat and co-founder of Golden Gate Ventures, relocated to Ho Chi Minh City in 2022 after previous stints in Singapore and San Francisco, joining a growing number of foreigners lured there by a belief that the dense metropolis is a new mecca for startups.