Last Wednesday night, @Bowei Gai of the World Startup Report made his stop on his year-long globetrotting tour to the center of the Vietnamese startup scene at Saigon Hub in Ho Chi Minh City. He gave a talk that had been honed over many months and included lots of interesting bits from startup scenes around the world, from the amazing size (trillions!) of Chinese e-commerce companies, to the equally impressive adoption of mobile payment in Sub-Saharan African countries (30%!). Later, in private, we heard of the incredible arrogance of French startup people and corruption around the world. But we were also humbled by the recent multiple-hundreds of million dollar exits of Nepalese technology companies. And perhaps secretly identified with the conditions of economic crisis under which Argentinean entrepreneurs had to run their businesses - 20+% annual inflation driving up business costs, a local currency constantly losing value leading locals to buy dollars when they could...

Bowei has been flying to a new country every few days to study a brand new local startup scene. Originally with the intention of writing up the local report as he was traveling, that was clearly impossible. And so it'll be at least a few months before we see his Vietnam Startup Report. So let me share my own thoughts while they're still fresh.