Indonesia is Southeast Asia’s biggest economy and Jakarta is its heart. The city has a population of more than 10 million people and is home to the majority of the country’s startup community. The growth potential in Indonesia is huge as it is now a mobile-first nation, with 75 percent of online purchases made via mobile devices. 50 million new individuals are gaining online access from 2015 to 2020.
Ho Chi Minh City
Vietnam is now home to as many as 3000 start-ups. Ho Chi Minh City (HCMC) is one of two thriving start-up cities in Vietnam. The city has a population of 7.5 million people and has played a key role in the regeneration of the country and the economy from the bottom up.
In recent years, the Thai government has turbocharged its drive to transform the economy and bolster technological capabilities, with a goal to be ranked in the top 30 of the Global Innovation Index by 2030. Over the years, numerous foreign MNCs and major tech companies have set up shop or invested in the country.