US-based 8VC seeks business opportunities in Ho Chi Minh City

Permanent Vice Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liem hosted a reception in the city on November 14 for Joe Lonsdale, a founding partner of San Francisco-based venture capital fund 8VC.
US-based 8VC seeks business opportunities in Ho Chi Minh City ảnh 1At the reception (Source: http://voh.com.vn/)

HCM City (VNA) – Permanent Vice Chairman of theHo Chi Minh City People’s Committee Le Thanh Liem hosted a reception in thecity on November 14 for Joe Lonsdale, a founding partner of San Francisco-basedventure capital fund 8VC.

Liem said the visit affirms 8VC’s commitments to supporting startupsand innovation in Ho Chi Minh City and hoped that 8VC would share itsexperience with the city in the field.

In the near future, Ho Chi Minh City will be developing aninnovative urban area and building a smart urban area, he said.

The host invited representatives from 8VC to attend the HoChi Minh City Economic Forum slated for late November and offer ideas on smart urbandevelopment.

Lonsdale, for his part, shared some information on aCanadian startup ecological model which, he said, is particularly applicable toHo Chi Minh City. He affirmed that 8VC wants to be a long-term partner ofVietnam and Ho Chi Minh City.

He said 8VC has launched several projects in Ho Chi MinhCity and connected with Vietnamese firms. He expressed his wishes to learnabout business opportunities in Vietnam in the field of artificialintelligence.

While in Vietnam, the delegation will meet leaders ofministries, agencies, and around 200 Vietnamese firms to discuss issues ofconcern in startups and innovation.

As a successful startup from the US, 8VC operates insoftware development, fintech, insurance, logistics, healthcare, andbio-technology. –VNA 
VNA

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