Business

Buidl Vietnam 2023 opens up investment opportunities

Buidl Vietnam 2023, the country's leading community festival for web3 builders and founders, is underway in Ho Chi Minh City, aiming to foster a healthy and sustainable blockchain community, introduce and connect capable developers to the blockchain ecosystem in Vietnam.
Buidl Vietnam 2023 opens up investment opportunities ảnh 1KryptoVietnam community was set up in 2021 to build a community of coders and product developers in Vietnam. (Photo coutersy of the organisers)

HCM City (VNA) –  Buidl Vietnam 2023, the country's leading community festival for web3 builders and founders, is underway in Ho Chi Minh City, aiming to foster a healthy and sustainable blockchain community, introduce and connect capable developers to the blockchainecosystem in Vietnam.

Co-hosted by Krypto Vietnam and Krypto Seoul, the two-day eventdrew 70 speakers who are executives and founders of blockchain unicorns. They will present, discuss and offer solutions forinfrastructure development, human resources quality and policy implications forVietnam.

Buidl Vietnam 2023 will feature presentations, workshops, technology exhibitions and a hackathon for builders with awards totalling 1.5 billionVND (64,000 USD).

According to Erica Kang,co-founder of KryptoSeoul, this year Vietnam will still prove its attractivenessin the field of technology development and talent training in the blockchainand web3 industry.

Many international companies, projects, and speakers haveregistered to come to Vietnam to explore opportunities for cooperation,investment, human resources recruitment and brand promotion, she added.

Vietnam currently has more than 200 blockchain projectsoperating in many fields such as GameFi, DeFi and NFT, web3, infrastructure andwallets. The country has over 10 enterprises with market capitalisation at morethan 100 million USD.

According to a forecast by MarketsandMarkets, theblockchain-related market in Vietnam can reach a value of nearly 2.5 billionUSD by 2026, a five-fold increase from 2021.

Buidl Vietnam 2023 opens up investment opportunities ảnh 2Nocole Nguyen, a co-founder of Apac Dao, speaks at the event. (Photo: VNA)

Nocole Nguyen, a co-founder of Apac Dao - a community of web3 projects, said that Vietnam is considered the region's leading attractive technology convergence centre,especially with emerging technologies such as blockchain and web3.

They want to make Buidl Vietnam a festival for founders, productdevelopers and technology enthusiasts who want to start building applicationsthat are practical and highly innovative, she said, adding that this is also anopportunity for Vietnam to become an attractive destination and a technologycradle of the region.

Founded in 2018, KryptoSeoul looks to support global blockchainprojects via holding online events and activities. In 2021, it established theKryptoVietnam community to build a community of coders and product developers inVietnam./.

VNA
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