Thinkzone Ventures

Foreign capital pushes Vietnamese startups to set up abroad, Vietnam risking tax, asset losses

An imbalance in capital sources, with foreign capital dominating Vietnam's startup market, is pushing startups toward establishing holding companies overseas to more easily receive funding, said Bui Thanh Do, Founder and CEO of ThinkZone Ventures.

Ho Chi Minh City, Vietnam, city, skyscrapers

Lotte Ventures Vietnam: State fund expected to boost private venture capital sector in Vietnam

Vietnam's establishment of state funds for venture capital, such as Hanoi with a VND600-billion ($22.8 million) venture capital fund and Ho Chi Minh City with a VND500-billion, can help boost private venture capital in Vietnam, according to experts.