HCM CITY — Việt Nam has emerged as a key destination for venture capital and private equity investments, driven by its dynamic economic growth and vibrant entrepreneurial sector, financial insiders said at a meeting this September in HCM City.Experts have also noted the need for structured capital deployment, enhanced industry expertise, and effective support mechanisms, which remain critical for sustained growth in the country.$35b private investment targetThe VPCA has set an ambitious goal of mobilising US$35 billion in private investment by 2035 as it aims to improve the investment climate by promoting best practices in venture capital and private equity, expediting capital deployment, and nurturing talent.By uniting investors, industry partners, and entrepreneurs, it seeks to enhance access to high-impact opportunities and advocate for policies that contribute to a more favourable investment climate.The agency also collaborates with industry leaders to establish a robust entrepreneurial framework, aiming to strengthen the nation’s venture capital ecosystem and promote entrepreneurship throughout Southeast Asia.The inaugural event attracted nearly 100 investors from various venture capital and private equity firms worldwide, including representatives from Việt Nam, Singapore, Indonesia, Hong Kong (China), and the US. — VNS (ICE HO CHI MINH CITY)

Fonte notizia: Vietnam News