The fund expected to further support Vietnam's investment and development needs.

The assets under management of securities investment funds remain modest relative to their potential, representing just 6.5% of Vietnam's GDP, compared to 21% in Thailand and 52% in Malaysia.

Mekong Delta province registered three projects with capital of nearly $92 million in October alone.

Following a project in northern Thai Nguyen province, Hong Kong (China)’s Gaw NP Capital has continued to expand its operations in Vietnam with the construction of a factory at the Nam Dinh Vu Industrial Park in northern Hai Phong city. The fund is also expected to invest $200-500 million to achieve its goal of expanding its land bank in Vietnam to 100 ha this year.

The ThinkZone II Fund, with capital of up to $60 million, has been founded by ThinkZone Ventures, which is the largest domestic startup investment fund in Vietnam, with contributions from Vietnamese corporations and entrepreneurs including the IPA Investments Corporation, Phu Thai Holdings, the Stavian Group, and others. The fund will support accelerating the growth of startups to stay ahead of development trends in technology.

ONUS has announced a new venture fund called ONUS Launcher, which has total capital of $20 million and aims to invest in blockchain startups in Vietnam.