VIPC Summit 2025 to call for more investment in innovation and startups

Vu Quoc Huy, director of the National Innovation Centre

The VIPC Summit 2025 will open at the National Convention Centre in Hanoi on April 22 to attract investment capital for strategic technology sectors.

Kim Ngoc Thanh Nga, deputy director of the National Innovation Centre, said that the VIPC Summit aims to promote the role of private capital in the innovation ecosystem. It will also establish an annual policy dialogue platform between the public and private sectors for investment in innovation and technology, strengthen connections between the government, investors, technology enterprises and domestic and international financial institutions.

The VIPC Summit 2025 will publish the 2025 Innovation and Technology Investment Report, including data on technology investments in 2024, assessing and analysing opportunities and challenges of the private capital market in Vietnam, and discussing global and regional trends in technology investment and innovation.

The event will be attended by government leaders, local authorities, and representatives from global financial institutions and investment funds such as CDH Investments, Partech Ventures, Temasek, Do Ventures, Golden Gate Ventures, VinaCapital, Mekong Capital, as well as executives from the Tokyo Stock Exchange, Manulife, and the Nasdaq.

More than 1,000 delegates are expected to attend the summit, including more than 200 investors from across Asia, the Gulf region, and Europe.

Press conference on VIPC Summit 2025

Vinnie Lauria, a member of the Vietnam Private Capital Agency (VPCA) board, and founder of Golden Gate Ventures, said she would like Vietnam to account for one third of Golden Gate Ventures' investment portfolio in the future.

"We established VPCA to connect the fragmented elements in the ecosystem between investors, founders, authorities, and training facilities. This will be a synchronous system to promote the sustainable development of the private capital market in Vietnam, with the goal of mobilising $35 billion by 2035," Lauria emphasised.

He said that Vietnam is setting a record in attracting foreign direct investment, with the technology manufacturing industry on the rise. While the wave of strategic industries is booming, Vietnam is taking strong steps to seize opportunities, implement investment attraction policies, and create a favourable investment environment.

According to the Vietnam Technology and Innovation Investment Report 2024, nearly 100 funds have invested in Vietnamese technology startups. Of which, the most dynamic investors from Singapore reported a total investment of $529 million. Although this figure decreased by 17 per cent on-year, the Vietnamese market is still considered resilient in the capital market as compared to the 35 per cent decrease in total venture capital globally.

Launching the Vietnam Semiconductor Innovation Centre The Vietnam Semiconductor Innovation Centre (VSIC) and the semiconductor startup incubation space FPT-AICHIP was inaugurated by the National Innovation Centre (NIC) and FPT Semiconductor, a subsidiary of FPT Corporation, along with technology partners on March 28 in Hanoi.

National Innovation Centre launches AI training initiative The National Innovation Centre (NIC) under the Ministry of Finance, in collaboration with Intel, launched the “AI for all” initiative on April 2, which is a self-learning course designed for all Vietnamese citizens.

Ministry pledges funding for science and technology development The Ministry of Finance (MoF) plans to allocate more state budget resources for science and technology development, digital transformation, and innovation.