Vietnam Digital Investor Club established

The Vietnam Digital Investor Club (VDI) was introduced this week in the framework of Techfest 2020.
Vietnam Digital Investor Club established ảnh 1The Vietnam Digital Investor Club (VDI) is officially introduced to boost the establishment of the national start-up ecosystem. (Photo courtesy of VINASA)

Hanoi (VNA) - The Vietnam Digital Investor Club (VDI) wasintroduced this week in the framework of Techfest 2020.

This is the first club in Vietnam specialising in investmentactivities for digital start-ups, attracting several large corporations andtechnological investment funds.

Initiated by Vietnam Software and IT Services Association (VINASA), VDI aims toboost the establishment of the national start-up ecosystem. VDI’s core membersinclude technological business people and investors operating in Vietnam.

VINASA said there is still a “gap” in the current start-up movement as bothfunds and investors have paid much attention to financial support and economiccapacity but not to capacity building and technology development consultancy.

VDI focuses on providing investment guiding and special consultation fortechnological start-ups so Vietnam can have a growing number of strong digitalenterprises, contributing to the national digital transformation process.

Nguyen Dinh Thang, VINASA’s vice chairman cum chairman of the club, said: “VDIwants to become an active organisation in both domestic and internationalinnovative start-up ecosystems. VDI hopes to help young businesses takeconfident steps towards their sustainable development.”

In the initial period, the club’s members committed an investment of 6 million USDinto start-ups./.

VNA

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