Vietnamese startup wins one million USD at 2019 World Cup

Abivin, which provides AI-powered Supply Chain Optimization solutions for enterprises, has championed the 2019 Startup World Cup in the US with a prize of one million USD.

This is the first time a Vietnamese startup has won the Startup World Cup, a global event where startups from around the world gather in San Francisco to battle for a one million USD grand prize in investment. This year's competition drew startups from more than 40 countries including the US, Japan, India, South Korea and China.

Abivin is known for its Abivin vRoute, a Transportation Management System with proprietary Route Optimization Algorithm and many other AI-powered features. The software enables companies to reduce their logistics cost by 40%.

Source: VOV5