Asia funds unite to help funnel $35 billion to Vietnam

Quick Summary:

SEVERAL regional private equity firms have banded together to establish a Vietnamese alliance, aiming to facilitate $35 billion of investment into the Southeast Asian country over the next decade.

Vietnam’s startup scene has exploded in past years, driven by the rise of firms such as games developer VNG Corp.

But many investors tout the country’s potential at a time US-China tensions are prompting businesses to relocate factories and target new markets for growth.

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Article Details

Author / Journalist: BusinessMirror

Category: BusinessStartups

Markets: PhilippinesChinaVietnam

Topics: Year Billion Firms Tech Vietnam Southeast Ventures Investment Vietnam’s Capital Private

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 15:12:08 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 383 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22473070

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 32 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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