US$5 Trillion in Investment Firepower Unites at Historic Vietnam Summit

In a landmark moment for private capital in Asia, Vietnam’s National Innovation Center (NIC) today kicked off the Vietnam Innovation and Private Capital Summit (VIPCS) 2025, now in its fifth edition. Hosted by Vietnam’s Ministry of Finance, and organised by the National Innovation Center (NIC) and the Vietnam Private Capital Agency (VPCA), with support from Golden Gate Ventures and Do Ventures, the Summit brought together over 1,000 delegates and over 200 investors from across Asia, the Gulf region and Europe. 

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VIPCS 2025: From Vision to Regional Influence

Launched in 2019 by Golden Gate Ventures and Vietnam’s Ministry of Planning and Investment, the Summit — widely known as the Vietnam Venture Summit — was conceived as a platform to spotlight Vietnam’s rising tech and startup ecosystem. 

“We pioneered the Vietnam Venture Summit in 2019 with a vision to draw global investment into Vietnam at its most critical time of development. Today, it is a lighthouse event for the global investment community where capital meets conviction. We’re not just building the startup ecosystem, we are building the future economy of Asia,” said Vinnie Lauria, Founding Board Member of VPCA. Vinnie Lauria launched the Vietnam Venture Summit in 2019, noting Vietnam’s rising star and brought Golden Gate Ventures to Vietnam to jumpstart the startup ecosystem. 

Evolving to become the Vietnam Innovation and Private Capital Summit (VIPCS), the Summit has broadened its scope to include private equity and institutional capital, in step with Vietnam’s economic ascent. The expanded vision and influence of the VIPCS is driven by VPCA’s leadership that unites a stellar cast of top-notch VC and PE leaders with an unmatched depth of experience in building private capital ecosystems globally and in Vietnam. With a commitment to achieve $35 billion in private capital investments by 2035, VPCA has dedicated efforts to boost Vietnam’s venture capital and private equity ecosystem by promoting the best practices for our industry to accelerate capital output, industry talent, and value creation. 

VIPCS 2025 featured keynote sessions, closed-door investor roundtables, and startup showcases across fintech, health tech, AI, and deep tech. The programming reflects Vietnam’s long-term vision as a regional leader in innovation, particularly in high-tech manufacturing, capital market growth, and cross-border startup expansion.

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MoU Signing: A New Era of Asian Investment Cooperation

At the summit, the NIC and VPCA signed a series of bilateral  Memoranda of Understanding (MoU) with three of the region’s top venture capital and private equity associations:

• Singapore Venture & Private Capital Association (SVCA)
• Hong Kong Venture Capital and Private Equity Association (HKVCA)
• Korea Venture Capital Association (KVCA)

Together, these associations represent over US$5 trillion in assets under management. The signing marks the first time that major Asian private capital bodies have come together to formalize a regional capital bloc with shared goals and coordinated action.

“This isn’t just an MoU — it’s a historic moment,” said Max-F. Scheichenost, Founding Board Member of VPCA “It signals a new era of a unified Asian capital ecosystem, anchored in trust, respect, regional cooperation and shared growth opportunities. And at the center of it all is Vietnam.”

With growing macroeconomic uncertainty and an increasingly polarised global economy, this MoU unites 4 key Asian economies into a powerful bloc with tremendous investment might, innovation firepower and deep domestic markets for long-term growth.

The MoU outlines a commitment to:

• Enable co-investment opportunities across member markets
• Support cross-border startup growth and talent mobility
• Enhance reciprocal access to training, events, and policy dialogue
• Launch joint initiatives in policy advocacy to align regulatory standards

“This initiative will accelerate ecosystem-building and access to capital five-fold. It opens up new channels for Vietnamese founders and sets a precedent for Asia-led integration of private capital,” said Vy Le, Managing Partner of Do Ventures and Chair of VPCA.

Vietnam: A Magnet for Capital and Innovation

Vietnam’s economy continues to show exceptional resilience and attractiveness:

• In 2024, Vietnam attracted over US$38.2 billion in foreign direct investment (FDI)
• Strategic partnerships with the US, Israel, Singapore, and China have unlocked long-term capital flows and trade
• The country is fast becoming a destination of choice for high-tech manufacturing and IPO-ready startups, including VNG, The CrownX, and TIKI

Lauria added, “Vietnam is where talent, policy, and capital converge. It’s a gold mine for founders and investors looking beyond traditional markets. And this is just the beginning.”

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