The newly launched venture capital fund in Ho Chi Minh City is targeting a scale of at least VND5 trillion, with a strong emphasis on mobilising private investment, positioning it as a key catalyst for the city’s innovation startup ecosystem.
The eight edition aims to address global challenges in creating resilient and sustainable infrastructure through innovation and interdisciplinary collaboration.
Ho Chi Minh City is currently ranked among the top 5 startup ecosystems in Southeast Asia and the top 110 globally, with an estimated valuation of $7–7.5 billion.
This framework should include National Standards (TCVN), as well as international and regional standards, providing a solid foundation for market expansion and global integration.
Launched late last year, the task now for Vietnam’s International Finance Center in Ho Chi Minh City is to ensure it is set up to deliver on its objectives.
Vietnam Economic Times / VnEconomy gathered the thoughts of EU and global partners on how Vietnam can turn its natural advantages into large-scale renewable investment and energy security.
Specific areas of funding include the development of AI models, data and language processing, training and deployment technologies, hardware and semiconductors, computing technology, as well as safety and risk management tools.