The information was announced by the Ho Chi Minh City Department of Science and Technology on Tuesday. In Southeast Asia, Ho Chi Minh City ranks fifth in startup ecosystem performance and second in ecosystem maturity. Fintech is the city’s strongest sector, ranking third in Southeast Asia and 60th globally, while blockchain ranks fifth regionally and 70th worldwide.

The city also ranks seventh in the Asia-Pacific region for startup community activity.

StartupBlink described Ho Chi Minh City as one of Southeast Asia’s leading and most dynamic startup hubs.

StartupBlink’s rankings are among the world’s most reputable international indices on startup ecosystems, assessing more than 1,500 cities and 100 countries based on criteria including ecosystem scale, quality, and innovation-supportive business environments.