HCM VIFHCM VIF

HCMC Venture Investment Fund

Prime capital for technologies that create new capabilities of the City. 

The first public-private venture capital fund of a locality in Vietnam. Charter capital of VND 500 billion in 2026, accompanying technology businesses from the incubation stage until they are able to reach the international market.

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Visualize data and AI models on research lab screens

Priority sector

Digital technology

Close-up of semiconductor wafers and microchips in a clean room

Priority sector

Microchip – semiconductor

Scientist operates equipment in a biotechnology laboratory

Priority sector

Biotechnology & Medicine

Solar panels and energy storage systems

Priority sector

Energy & Environment

Image

Priority sector

Automation & Robotics

Abstract image of network infrastructure and blockchain technology

Priority sector

Fintech & E-commerce

Initial charter capital
VND 500bn
Initial charter capital· Dong · year 2026
Minimum capital size
VND 5,000bn
Minimum capital size· copper · target 2035
Private & international capital comes along
3–5×
Private & international capital comes along· per 1 dong of the Fund's capital

Public–private model

Public capital paved the way, private sector accelerated

The Fund's capital comes from two sides - the City and accompanying investors - together pouring into HCM VIF, then going to businesses and to the market.
CityState capital · orientation
Co-investorsPrivate capital · partner funds
HCM VIFPrimer capital fund · coordination and appraisal
StartupTechnology enterprise
MarketNew products · jobs · new capabilities
Capital from the City and accompanying investors flows to the Fund, then goes to businesses and to the market.

Priority areas

6 technology groups
Priority Fund

Six key technology groups according to the Project. Select a group to view investment thesis and criteria.

See the Fund's investment strategy

Speech at the Establishment Announcement Ceremony · April 17, 2026

Mr. Hoàng Đức Trung spoke at the Ceremony to announce the establishment of HCMC Venture Investment Fund

With this resource and motivation, we are no longer in the position of 'observing', but it is time for us to start 'creating'.

Mr. Hoàng Đức Trung · · and also Deputy Chief Executive Officer (CEO) of VinaCapital Ventures

The scale of VND 500 billion in the first year is not simply a financial number, but the trust of the City's leaders and people to create a breakthrough in innovation and the technological appearance of the City.

  1. Firstly
    Becoming a seed capital to lead the market, directing capital flows into key areas where the market is still afraid of risks
  2. Monday
    Invest in depth: select and prioritize core technologies and true digital transformation solutions
  3. Tuesday
    Governance according to international standards: absolute transparency, data-based decisions and real effectiveness
  4. Wednesday
    Long-term vision: turn potential into assets, turning the City into the region's leading technology centre
Read the full text of the speech
About us

News & Views

Activities and perspectives from the Foundation

Activity information, events, industry analysis and reports published by HCM VIF.

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What are you interested in about the Fund?

A group of founders and engineers working on technology prototypes in the innovation space

Ready to raise capital?

Are you building scalable technology?

The fund follows market principles, transparency and accepts controlled risks.

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