Vietnam's Touchstone Partners has one eye on ESG, and the other on financial returns

Vietnam's Touchstone Partners has one eye on ESG, and the other on financial returns

Khanh Tran (left) and Tu Ngo.

Touchstone Partners, a newly-established Vietnamese venture capital firm, believes value can be created in embedding environmental, social, and corporate governance (ESG) elements in businesses, without compromising on financial returns.

The Ho Chi Minh City-based VC — which secured the first close of its debut $50 million fund this week, raising more than half of its targeted corpus — aims to help Vietnamese startups develop their ESG framework from an early stage, top executives of the firm told DealStreetAsia.

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