Unblocking capital flows for innovation in Vietnam

Ready to cooperate

The forum was attended by Deputy Prime Minister Nguyen Chi Dung, leaders of ministries, sectors, international organizations, large investment funds and more than 200 investors from Asia, the Gulf region and Europe. This is an opportunity for Vietnam to affirm its national development strategy according to Resolution 57 of the Politburo, considering science, technology and innovation as the main driving force of economic growth.

Deputy Prime Minister Nguyen Chi Dung at the event (3rd from left)

According to Deputy Minister of Finance Nguyen Duc Tam, the Forum is held in the context that Vietnam is entering a new development stage, requiring strong mobilization of social resources, especially private capital, to create sustainable growth momentum, enhance national competitiveness and promote pioneering technology industries.

The current context also shows that technologies and applications are being researched, developed rapidly and applied in almost every region of the world, allowing developing countries like Vietnam to also have the opportunity to take advantage of the latest scientific and technological advances and innovations.

Deputy Minister of Finance Nguyen Duc Tam

Accordingly, Vietnam has gathered the conditions to be ready to welcome and cooperate with businesses and investors from all over the world in the fields of science, technology and innovation.

Vietnam has a stable political system and strong determination from Party and State leaders in promoting innovation and developing advanced technology industries. The Politburo established the Central Steering Committee on Science, Technology, Innovation and Digital Transformation, headed by General Secretary To Lam. The Party and Government are well aware that Vietnam is currently at an important juncture in the transition towards a digital, green and sustainable economy.

Potential comes from Vietnamese people

With a population of over 100 million people, Vietnam is in the “golden population” period, with a young, enthusiastic, dynamic workforce, aspiration to contribute, and the ability to quickly access science, technology and STEM (Science, Technology, Engineering and Mathematics) fields, a potential human resource and market for innovation and startups. In addition, the Vietnamese Government is also placing high demands on comprehensive digital transformation in all industries and fields.

Along with that, Vietnam has formed a comprehensive innovation and startup ecosystem with the participation of many domestic and international partners following the motto "if you want to go fast, go alone, if you want to go far, go together".

Mr. Vinnie Lauria, Founder of Golden Gate Ventures

Many international investors at the Forum also shared the same view on the future development potential of our country's economy from many different perspectives. For example, Mr. Vinnie Lauria, Founder of Golden Gate Ventures, shared: He himself has participated in many startup ecosystems, and he sees many similarities between Vietnamese entrepreneurs and those in Silicon Valley, such as a strong passion for learning and a relentless drive to improve. Vietnam is currently leading Southeast Asia in the ratio of investment in education to household income, even surpassing Singapore in global rankings such as PISA. In terms of labor force participation, 69% of women and 72% of the working-age population are working - numbers that are not only impressive but also the foundation for an economy ready for the future.

This is not just a story of a country with a young and dynamic population, but one that is resilient and well-prepared. In an uncertain global economic environment, resilience is both the foundation for a forward-looking economy and a driver of long-term growth. Mr. Lauria also drew on comments from the World Bank to reinforce his belief in the potential of the Vietnamese economy, as our country is forecast to have the fastest GDP growth rate in Southeast Asia in the next decade.

Meanwhile, Mr. Thomas Lanyi, CEO of CDH Investments, said that in the context of global economic instability, exports are no longer the number one competitive advantage, so governments in the region, including Vietnam, are forced to reform, promote domestic consumption, and most importantly, develop intellectual property through real innovation.

Forum View

Mr. Thomas Lanyi believes that Vietnam can absolutely become a high-income country by 2045. The potential of the Vietnamese economy does not come from “cheap labor”, but from within the people. The director of CHD Investments analyzed that our country has a creative, fast-learning, and hard-working workforce, and Vietnam is quickly building a global reputation in areas such as financial technology, artificial intelligence, green agriculture, electric vehicles, and many other fields. In the current context, now is the time for Vietnam to promote cooperation between the government and businesses. At the same time, this expert also recommended that the State continue to invest in people as well as promote innovation at all stages of the value chain - from process improvement to the development of advanced products and services.

At the Vietnam Innovation and Investment Forum 2025, NIC and VPCA signed a series of bilateral memorandums of understanding with three leading investment associations in Asia, including: Korea Venture Capital Association (KVCA), Singapore Venture Capital and Private Equity Association (SVCA) and Hong Kong Venture Capital and Private Equity Association (China).

Together, the three institutions manage a combined $5 trillion in assets. This is the first time that Asia’s major private equity firms have formally joined forces, creating a regional investment bloc with common goals and coordinated actions.

The forum gathered more than 1,000 delegates representing ministries, branches, localities, businesses and more than 200 domestic and foreign investors.

Delegates focused on discussing Vietnam's key industries, policies and vision, sharing about divestment opportunities, cross-border development opportunities in the fields of fintech, AI and deep tech, high-tech manufacturing, capital market development and cross-border business expansion.

Source: https://thoibaonganhang.vn/khoi-thong-dong-von-cho-doi-moi-sang-tao-tai-viet-nam-163164.html