Gobi Partners Targets Vietnam's $19M National VC Fund for High-Tech Startup Boost

Malaysia's prominent Gobi Partners has signaled strong interest in investing in Vietnam's new national venture capital fund valued at $19 million.

A delegation led by Co-Founder and Chair Thomas G. Tsao met with Deputy Minister of Science and Technology Vu Hai Quan in Hanoi to discuss participation and collaboration opportunities.

Vietnam's National VC Fund Launch

The fund was established in October 2025 under Decree 264/2025 with an initial VND500 billion contribution from the state budget.

Over the next five years, it aims to grow to VND2,000 billion by attracting funds from organizations and individuals.

Gobi Partners' Expansive History

Since its founding in 2002, Gobi Partners has managed nearly $2 billion in assets across more than 20 funds and a portfolio exceeding 400 companies from 16 locations.

With a team of over 80 professionals based in Malaysia and Hong Kong, the firm brings deep experience to emerging markets.

This strategic move could connect Gobi's global portfolio to Vietnam's burgeoning high-tech ecosystem.

Focus on Cutting-Edge Sectors

Key discussions highlighted potential joint efforts in semiconductors, AI, big data, new energy, robotics, and unmanned aerial vehicles.

Plans include startup incubation programs, joint venture incubators, and regulatory sandboxes for innovation.

Vietnam's VC market recorded 41 deals totaling $215 million in 2025, marking a 30% dip from its 2021 peak amid global adjustments.

Such partnerships promise to revitalize investments and position Vietnam as a Southeast Asian tech powerhouse in the coming years.