Gobi Partners has expressed interest in joining Vietnam’s proposed national venture capital fund, as the country steps up efforts to strengthen its innovation ecosystem.
The firms' co-founder and chairman Thomas G. Tsao discussed the plan at a meeting with Deputy Minister of Science and Technology Vu Hai Quan on March 19.
Founded in 2002, Gobi Partners invests in startups across Asia, focusing on sectors such as artificial intelligence, semiconductors, digital technology and green innovation.
Mr. Tsao noted that the firm has partnered with local governments in Asia to support startups through funding initiatives and technology linkages.
He also proposed exploring opportunities to connect companies within its portfolio to the Vietnamese market, especially in high-tech sectors.
Both sides discussed potential cooperation in startup incubation and support programs in areas such as semiconductors, AI, big data and new energy, as well as collaboration models including regulatory sandboxes, co-investment and value chain linkages.
Deputy Minister Quan said Vietnam considers high-tech industries, particularly semiconductors and AI, as key drivers of sustainable growth, adding that the country is working to improve policies, attract investment and develop high-quality human resources.
Google translate