Vietnam is setting a record for attracting foreign direct investment
Vietnam is taking strong steps to seize opportunities, implement policies to attract investment capital and create a favorable investment environment.
The Vietnam Innovation Investment Forum (VIPC Summit 2025) will officially open at the National Convention Center, Hanoi on April 22. The event aims to effectively attract investment capital for strategic technology fields.
Speaking at the program announcement ceremony on April 15, Mr. Vu Quoc Huy - Director of the National Innovation Center NIC (Ministry of Finance) - said that in order to attract investment in innovation (DMST), NIC helps startups establish relationships with a network of diverse domestic and international investors through diverse programs, events and cooperative relationships with venture capital funds.
Outstanding programs organized by NIC include Inno Vietnam - Japan fast track Pitch, Vietnam DMST Challenge Program, Vietnam Innovation Forum...
Most notably, the Vietnam National Venture Summit, previously chaired by the Ministry of Planning and Investment since 2019, aims to establish a platform for policy dialogue and investment connection between domestic and international funds and the startup community.
After 4 successful tournaments, the forum has attracted nearly 10,000 delegates, more than 120 international speakers and hundreds of leading investment funds and financial institutions in the world. Not only a connecting event, the forum has contributed to positioning Vietnam as a potential destination for innovation capital flows in Southeast Asia.
"Inheriting those positive results, this year, the forum returns with a new look - both in scale and content - with the official name: Vietnam Innovation Investment Forum 2025 - VIPC Summit 2025.
This year, the forum is attended by leading investors, prestigious international speakers and state management agencies. This is an important opportunity for us to share, exchange and find opportunities for investment and development cooperation in the field of innovation" - Mr. Vu Quoc Huy said.
At the event, Mr. Lauria - a member of the VPCA council, founder of Golden Gate Ventures - assessed that Vietnam is setting a new record for attracting foreign direct investment in the context of a strong development of the technology manufacturing industry.
Mr. Lauria commented that in the face of the explosive wave of strategic industries, Vietnam is taking strong steps to seize opportunities, implement investment attraction policies and create a favorable investment environment. VIPC Summit 2025 will affirm Vietnam's position as a potential destination for innovation capital flows in Southeast Asia.
According to the Vietnam Technology and Innovation Investment Report 2024, nearly 100 funds have poured capital into Vietnamese technology startups, of which the most active investors are from Singapore, with a total investment capital of 529 million USD, down 17% compared to the previous year. Compared to the 35% reduction in total global risk capital, the slight decrease of 17% shows that the Vietnamese market is still firmly facing many challenges in the capital market.
Read the original here
