The Vietnam Innovation and Private Capital (VIPC) Summit 2025 opened in Hanoi on April 22, bringing together over 1,000 delegates, including more than 200 investors from Asia and Europe.

The event was co-organized by the National Innovation Center (NIC), the Ministry of Finance, the Vietnam Private Capital Association (VPCA), Golden Gate Ventures, and Do Ventures.

In his keynote speech, Deputy Prime Minister Nguyen Chi Dung affirmed the Government’s unwavering support for innovation, pledging to collaborate with stakeholders to foster a dynamic ecosystem.

The Deputy Prime Minister highlighted an unprecedented wave of investment in hi-tech sectors and innovation, with artificial intelligence (AI), particularly generative AI, emerging as a strategic focus for global investors.

He noted that sustainable development, green growth, and circular economy have become inevitable global trends, driving nations to prioritise innovation.

The financial sector is transforming through fintech solutions like digital payments, blockchain, and online lending, expanding access to capital and services for millions worldwide, the Deputy PM said, underscoring the critical role of innovation funds and private capital, citing models in Europe, the Republic of Korea, and the US.

Addressing the summit, Deputy Minister of Finance Nguyen Duc Tam emphasized VIPC 2025’s role in connecting stakeholders and positioning Vietnam as an attractive destination for innovation-driven capital flows in Southeast Asia.

He reiterated the commitment of the Vietnamese Government and the Ministry of Finance to supporting investors and creating favorable conditions for mobilizing capital in technology and innovation.

Vinnie Lauria, VPCA board member and founder of Golden Gate Ventures, noted that the forum is expected to help attract more global capital into Vietnam at a pivotal time in Vietnam’s development journey, becoming a strategic “destination” for investment capital sources.

VIPC 2025 features discussions on key industries, presentations of Vietnam’s investment policies and strategic vision, and updates on divestment and cross-border business opportunities in fintech, AI, and deep tech. The forum reflects Vietnam’s long-term ambition to become a regional innovation hub, particularly in high-tech manufacturing, capital market development, and international business expansion.

At the forum, NIC and VPCA signed a series of Memorandums of Understanding (MoUs) with three major Asian investment associations – the Korean Venture Capital Association (KVCA), the Singapore Venture Capital & Private Equity Association (SVCA) and the Hong Kong Venture Capital and Private Equity Association (HKVCA). This collaboration has combined assets of $5 trillion.