Compared to just a few years ago, the Vietnamese proptech market is now more vibrant, diverse in both quality and quantity with the participation of many different brands. But while the playground is now occupied both by traditional real estate businesses and tech companies, the risks are still apparent.
Inadequate use of capital, inefficient management, and being unable to keep track of market demand have all caused the end of some startups, even those that have enjoyed capital injections worth tens of millions of US dollars.