[Ho Chi Minh City, Vietnam Approves the Establishment of a 5 Trillion VND Venture Capital Fund, Prioritizing Investment in AI and Blockchain] According to Deep Tide TechFlow on March 8, as reported by Startupresearcher, Ho Chi Minh City, Vietnam has approved the establishment of a large new venture capital fund. The fund plans to raise 5 trillion Vietnamese dong (approximately $190 million) by 2035 to promote the development of Ho Chi Minh City's tech ecosystem. Priority investment areas include artificial intelligence and blockchain digital technology, semiconductors, renewable energy, and more. Currently, a consortium of companies and investment funds, including Vingroup, Sovico Group, VinaCapital, FPT Corporation, and Lotte Ventures Vietnam, has been formed to participate in the fund.