[Ho Chi Minh City Approves the Establishment of a 5 Trillion VND Venture Capital Fund, Prioritizing Investments in Blockchain and AI] Odaily Planet Daily News – The People's Committee of Ho Chi Minh City has officially approved a project to establish 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 the city's tech ecosystem. Priority investment areas include artificial intelligence, blockchain digital technology, semiconductors, biotechnology, and renewable energy. A consortium of companies and investment funds, including Vingroup, Sovico Group, VinaCapital, FPT Corporation, and Lotte Ventures Vietnam, has already been formed to participate in this fund. (Startupresearcher)