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AI Hay was founded by a team of experts who have successfully built and developed many leading digital platforms in Vietnam, along with Vietnamese engineers who are passionate about technology. Photo: PV

This is the 5th year Forbes Asia has published the annual list, and AI Hay is the only Vietnamese technology startup on this year's list, marking an important milestone in the journey to affirm the stature of Vietnamese intelligence on the Asia- Pacific startup map.

AI Hay is the first and largest purely Vietnamese AI Q&A social network in Vietnam. Launched in 2023, AI Hay has now reached more than 15 million downloads, holding the leading position in the " Education " category on the App Store and Google Play in Vietnam.

The application provides a Q&A mechanism that combines AI and community, providing an accurate, transparent, and culturally appropriate source of knowledge.

In particular, AI Hay pioneered the application of AI into education with a free sponsorship program of the premium package AI Hay Pro for students nationwide, and signed cooperation agreements with many major universities such asFPT University, Ton Duc Thang University and Ho Chi Minh City University of Law.

According to Decision Lab's report (2025), AI Hay is in the Top 6 AIs most used by Vietnamese people, and ranked 2nd in terms of satisfaction.

Besides, according to Sensor Tower (August 2025), AI Hay is the only AI application from Southeast Asia to be in the Top 10 most used AI applications in the region.

'Using AI to solve Vietnam's problems is a difficult path, but worth doing' 'Using AI to solve Vietnam's problems is a difficult path, but worth doing'

In early July 2025, AI Hay successfully raised a $10 million Series A round led by Argor Capital, with participation from Square Peg, Northstar Ventures, AppWorks, and Phoenix Holdings.

Total capital raised has now exceeded 18 million USD, serving the strategy of expanding the web platform, developing education - entertainment features and personalized AI assistants for Vietnamese people.

Mr. Tran Quang Duc, CEO of AI Hay shared: “We are honored to be honored by Forbes Asia in the list of 100 companies to watch, and this will be a great motivation for the AI ​​Hay team to continue the mission of bringing high-quality, accessible, and free AI to all Vietnamese people.”

Launched in 2021, Forbes Asia 100 to Watch is an annual list honoring 100 outstanding startups and small businesses in the Asia-Pacific region.

Companies are selected based on multiple criteria: potential business model, market fit, growth track record, ability to attract capital, innovation and social impact.

Source: https://vietnamnet.vn/startup-ai-viet-dau-tien-lot-top-100-forbes-asia-100-to-watch-2025-2436232.html