Over 40 VCs commit to invest a total of $1.5b in Vietnamese startups by 2025

Over 40 VCs commit to invest a total of $1.5b in Vietnamese startups by 2025

Ho Chi Minh City, Vietnam. Photo by Tron Le on Unsplash

Venture capital firms have committed to invest $1.5 billion in Vietnam over the course of the next three years, the organisers of the Vietnam Venture Summit 2022 announced on Monday.

The organisers, including Singapore-based Golden Gate Ventures and the Vietnam National Innovation Centre, also expect that Vietnam-based tech founders will raise as much as $5 billion in total from now until 2025.

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