1、0May1FOREWORDVietnam is entering a new era of growth,where innovation,science,and technology take center stage in shaping the countrys future.No longer just a rising player,Vietnam is now firmly positioned as a key destination for tech-driven investment in Southeast Asia,fueled by the ambition of ou
2、r entrepreneurs and the strategic vision of our government.At the heart of this momentum is the landmark Resolution No.57-NQ/TW,which charts a bold path for breakthroughs in innovation and national digital transformation.This policy underscores Vietnams commitment to building a knowledge-based econo
3、my where innovation serves as a catalyst for sustainable development and global competitiveness.In alignment with this vision,the Vietnam National Innovation Center(NIC)continues to strengthen its role as a driving force for Vietnams innovation ecosystem.By connecting startups,investors,and global p
4、artners,NIC offers a robust platform for emerging tech companies to accelerate their growth and seize opportunities in an increasingly competitive landscape.This year also marks a significant evolution of our annual report.Previously known as the Vietnam Innovation&Tech Report,co-authored by Do Vent
5、ures and NIC,this 2025 edition is now published under the title Vietnam Innovation&Private Capital Report-a joint effort between VPCA(Vietnam Private Capital Agency)and NIC,with collaboration from BCG.This expanded partnership elevates the reports scope and depth,offering a comprehensive view of Vie
6、tnams private capital landscape across both venture capital and private equity.As Vietnam accelerates its transformation,we hope this report serves as a practical resource for investors,entrepreneurs,and policymakers navigating this dynamic market.Together,we can unlock new value,deepen partnerships