Vietnam – 3rd Pillar of Southeast Asian Startup Ecosystem | Economy

Hanoi (VNA) – In 2022, Vietnam became the third pillar of the startup ecosystem in Southeast Asia.

Behind Singapore and Indonesia, Vietnam has an entrepreneurial culture and young talents, participating in the “Investment Fund for to bootit’s Vietnam 2022″.

Placed under the theme “Global Capital Movements”, this event was organized this Monday in Hanoi by the Ministry of Planning and Investment and the investment fund Golden Gate Venture.

Vietnam’s attractiveness can be explained by its political stability, its abundant, young and skilled human resources, its modern infrastructure and its digital and innovative capabilities, explained Minister Nguyên Chi Dung.

“During the days of Techfest Vietnam 2022, which took place just over two weeks ago, Prime Minister Pham Minh Chinh stressed the need to refine institutions, in order to enable the Vietnamese capital market to comply with international standards. To achieve this and to improve the competitiveness of our business environment, investment funds and companies are invited to participate in the process of developing investment policies for startups.

For the period 2023-2025, Vietnam wants to attract $1.5 billion in additional funding from domestic and international funds, to bring investment in innovation to $5 billion. -VOV/VNA