500 startups

Vietnam’s Ministry of Planning and Investment (MPI) has created a circular (a regulatory document, in Vietnam speak) for improving the legal environment for venture capital investing in the Socialist state. The circular is now – since 16th April – open for public comment. The aim of the circular is to improve the ease of setting up and running VC funds in Vietnam, and from the perspective of the MPI Agency for Enterprise Development (the AED), investing in Vietnamese start-ups.