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.
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
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.
Speech at the Establishment Announcement Ceremony · April 17, 2026
“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 · Director of HCMC Venture Investment Fund (HCM VIF) · 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.
Firstly
Becoming a seed capital to lead the market, directing capital flows into key areas where the market is still afraid of risks
Monday
Invest in depth: select and prioritize core technologies and true digital transformation solutions
Tuesday
Governance according to international standards: absolute transparency, data-based decisions and real effectiveness
Wednesday
Long-term vision: turn potential into assets, turning the City into the region's leading technology centre