According to Vietnamese media VnExpress, Ho Chi Minh City will establish a venture capital fund with a scale of 500 billion VND (approximately 20 million USD) to support the development of tech startups. The fund will be jointly funded by the government and private capital, with the government contributing 200 billion VND (about 8 million USD) and private investors contributing 300 billion VND (about 12 million USD). The fund will focus on investing in artificial intelligence, big data and blockchain, semiconductors, biotechnology, and robotics, and plans to expand its scale to at least 5 trillion VND (about 200 million USD) between 2027 and 2035.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments