Hanoi (VNA) – The VietnamVenture Summit 2022 took place in Hanoi on December 19 under the theme “ShiftingGlobal Capital Flows”.
In his opening remarks, Minister ofPlanning and Investment Nguyen Chi Dung said global investment trends arechanging profoundly as a result of geopolitical uncertainties and a risk ofrecession in many big economies. The shift of capital flows has been takingplace strongly among regions and countries, in which there are fewer investmentopportunities for both startups and investors.
Minister of Planning and Investment Nguyen Chi Dung speaks at the event. (Photo: VNA)
Vinnie Lauria, founder and managing partnerof Golden Gate Ventures, said in the first decade of the startup ecosystem inSoutheast Asia, Singapore and Indonesia were the leading growth drivers, withSingapore holding financial and human resources and Indonesia a giant domesticmarket.
In 2022, Vietnam has become the thirdpillar of this triangle, bringing about a perfect combination of leadingtechnological talent, the entrepreneurial culture of Vietnam, and afast-growing domestic market, he noted.
He added Vietnam is currentlyassessed as the latest gemstone of Southeast Asia, and its emergence comes as aresult of its market’s attractiveness to investors and the Government’s supportfor the startup ecosystem.
Vietnamese startups raised a recordof 1.4 billion USD with 165 transactions in 2021, up 1.6 times from the 894million USD and 126 transactions in 2019. This indicated that transactions inthe market have regained momentum after a pandemic-triggered decline. The upwardtrend is forecast to continue in 2023, according to the National InnovationCentre (NIC).
Some factors turning Vietnam into abright spot of investment attraction include political stability, a young andeducated workforce, developed infrastructure, digital skills, and innovationcapacity. Besides, the country is considered a promised land for high-qualityFDI and large international enterprises that are seeking investmentopportunities to diversify supply chains and reduce the dependence on the Chinesemarket.
An overview of the summit. (Photo: VNA)
Vietnam has become a leadingcandidate for the shift of capital flows, the NIC said, adding that the countryis now at an important turning point of its economic development process. Its staturein the region, impacts of the COVID-19 pandemic, and the strong growth ofinvestment funds have created a favourable context for Vietnam to hold an outstandingposition.
At the summit, aside from paneldiscussions and seminars, a programme named Speed Matching was also held to connectstartups with over 30 domestic and foreign investment funds.
The Vietnam Venture Summit is anannual event chaired by the Ministry of Planning and Investment andco-organised by the NIC and Golden Gate Ventures. It aims to connect thestartup and innovation ecosystems in Southeast Asia with regional andinternational investment funds./.
With a total committed investment f up to 60 million USD, ThinkZone Fund II is the largest venture capital fund in tech startups founded by Vietnamese entrepreneurs and notable conglomerate owners.
Fintech and e-commerce accounted for 70 percent of total venture capital in the country last year, and this trend is predicted to continue in 2022, Dau tu (Vietnam Investment Review) reported.
With a large workforce, lower labour costs and sizeable market, Vietnam is one of the popular destinations for Singapore’s start-ups, according to The Straits Times newspaper.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image. (Photo: baodautu.vn) 
Minister of Planning and Investment Nguyen Chi Dung speaks at the event. (Photo: VNA) 
An overview of the summit. (Photo: VNA) 
