Vietnam has a private equity investor club for startups and innovation.

The Private Equity Investors Club has 40 members from domestic and international venture capital and private equity funds - Illustrative photo

On September 12, the Vietnam Private Capital Agency (VPCA) was established to promote activities from venture capital and private equity sources.

VPCA has the participation of more than 40 members from domestic and international venture capital and private equity funds. Among them are famous individuals in the industry such as: Ms. Le Hoang Uyen Vy (CEO at Do Ventures), Mr. Binh Tran (Co-founder of AVV), Mr. Vinnie Lauria (Founder of Golden Gate Ventures), Mr. Max-F. Scheichenost (CEO at Mekong Capital), and Mr. Justin Nguyen (CEO at Monk's Hill Ventures).

With rapid economic growth and a dynamic startup community in recent years, Vietnam has become an attractive destination for both investment funds and private capital.

However, the need to deploy capital in a structured manner, enhance expertise and provide effective support mechanisms remains essential.

“While investment opportunities in Vietnam are abundant, we are still behind more developed regions such as North America, which will account for nearly half of all private capital raised in 2023.

There is a clear gap in capital flows that can only be narrowed through strategic initiatives and more comprehensive support for private capital,” said Binh Tran, vice president of VPCA.

Meanwhile, Mr. Kobe Ge, director of China capital markets at the New York Stock Exchange (NYSE), said: “International investors are increasingly interested in Vietnam thanks to its outstanding economic growth rate, potential young population structure and strong commitments from the government in promoting innovation through long-term visionary policies.”

Source: https://tuoitre.vn/viet-nam-co-cau-lac-bo-nha-dau-tu-von-tu-nhan-cho-khoi-nghiep-va-doi-moi-sang-tao-20240912170142291.htm