Ho Chi Minh City Partners Plan to Invest Up to US$100 Million Over Five Years
The executive agency of Vietnam’s International Financial Centre in Ho Chi Minh City has announced a cooperation framework with Touchstone Partners and HCM VIF JSC for a joint investment program of up to US$100 million over five years, focused on digital transformation, advanced technology and green development.
On November 12, the executive agency of Vietnam’s International Financial Centre in Ho Chi Minh City (VIFC-HCMC) announced a cooperation framework with Touchstone Partners and HCM VIF JSC. The three parties plan to implement an investment coordination and co-investment program worth up to US$100 million over five years to support technology and innovation companies in Vietnam.
Under the division of responsibilities, Touchstone Partners will provide its network of international investors and strategic partners and help identify, invest in and support growing technology companies. HCM VIF JSC will provide matching investment capital from within Vietnam. VIFC-HCMC will coordinate the program and, in accordance with regulations, help companies access regulatory pilot programs, licensing procedures and investment incentives.
The program will focus on three areas: digital transformation and advanced technologies, including artificial intelligence, core technologies and deep tech; sustainable development solutions, including the green economy and climate change mitigation and adaptation; and other innovative technologies with the potential to deliver economic, social or environmental benefits. VIFC-HCMC also plans to connect portfolio companies with the public sector, infrastructure developers, industrial parks and strategic partners to support technology testing and commercialization.
The cooperation builds on a strategic cooperation agreement signed by VIFC-HCMC, Touchstone Partners and Temasek Foundation in May 2026. HCM VIF JSC is structured as a joint-stock company funded by both the government budget and private shareholders. The announcement sets out a framework for the investment program; reaching the maximum investment amount will depend on subsequent implementation.
Source: VietVance
