The Hanoi Venture Capital Fund (HVCF) is set to be officially launched on December 22, promising to become a powerful financial driver that will foster the capital's innovation ecosystem.

An innovative start-up investment conference was held on November 27, focusing on the cooperation between venture capital funds, supporting organisations, start-up incubators to promote the development of innovative startups.

Vietnamese small- and medium-sized enterprises (SMEs) should better their management capacity and business strategies so as to draw capital from both domestic and foreign investment funds who are holding hundreds of billions of US dollars, economists have said.

The top 60 Vietnamese start-ups chosen from thousands of contestants competed at the semi-final round of the 2020 Vietnam Start-up Wheel contest in HCM City on November 13.