South Korean venture capital firm Nextrans, which invests in early-stage startups, is planning to bet more money on Vietnam’s later-stage firms, as the country witnesses a spate of growth-stage businesses that are carving out expansion plans after surviving the pandemic.
Nextrans, one of Vietnam’s most active VCs, will look at startups with a valuation north of $10 million, general manager Le Han Tue Lam told DealStreetAsia in an interview.