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Update news venture capital
Ho Chi Minh City is considering a one-to-one funding model that would match private venture capital investments in startups, accepting the risk of losses to help turn AI research into practical solutions for the city's challenges.
The Ministry of Science and Technology (MST) says this is the first time Vietnam has a legal framework for venture capital funds, creating breakthrough mechanisms to mobilize private capital into high-risk but high-potential R&D projects.