SINGAPORE: Singapore’s Golden Gate Ventures is opening two offices in Vietnam to invest in the country’s emerging tech sector that it predicts will spur South-East Asia’s next phase of growth.
The Singapore-based venture capital (VC)firm is planning to set up posts in Ho Chi Minh City and Hanoi, it said in a statement yesterday. Founding partner Vinnie Lauria has moved to Ho Chi Minh City to head operations.Vietnam, with a population of about 100 million, is attracting venture capitalists as the country’s economy expands and consumers adopt online and mobile services.
