Vingroup has launched the VinVentures capital fund with $150 million to support high-impact tech startups, focusing initially on Vietnam. The fund, sponsored by Pham Nhat Vuong and Vingroup, aims to strengthen the startup ecosystem in AI, semiconductors, and cloud computing. Startups led by experienced teams in seed and Series A stages are prioritized, and the fund plans future expansion to regional markets like Singapore and Indonesia. Beyond financial investment, VinVentures offers startups access to Vingroup’s ecosystem for product testing and potential business partnerships, helping establish connections with major market players for future growth.
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