» Today: 07/05/2026
Communication
Detailed provisions on the creative investment funds
The Government has issued Decree 38/2018 / ND-CP on detailing investment in innovative start-ups.


Accordingly, this Decree stipulates that investors can contribute capital in Vietnam Dong, gold, value of land use rights and other assets which can be valuated in Vietnam Dong, but they cannot use the loan to contribute capital for establishment of a creative start-up investment fund.

For the investment activities of the innovative investment fund, the Decree stipulates that the investment fund shall not exceed 50% of the charter capital of small and medium enterprises starting their creative activities after receiving investment. All the contributed capital and assets of the investors in the fund must be accounted independently from the fund management company; Investors who contribute capital to set up the fund shall agree on the authority to decide the investment portfolio and this content must be stipulated in the fund's charter and contract with the fund management company (if having).

Fund investors can set up or hire a fund management company. Fund management companies will have to carry out the procedures for setting up funds and announce the addition of management of investment start-up funds under the provisions of the legislation on enterprise registration when managing funds for innovative start-up investment.

The introduction of this Decree will facilitate the mobilization of capital for innovative businesses in Vietnam.

Kim Xuyen
Follow www.vietq.vn
Print  
Top
© Copyright 2010, Information and Documentation Center under Can Tho Science and Technology Department
Address: 118/3 Tran Phu street, Cai Khe ward, Ninh Kieu district, Can Tho city Tel: 0710 3824031 - Fax: 0710 3812352 Email: tttlcantho@cantho.gov.vn License No. 200/GP-TTÐT dated November 11st, 2011 by Agency for Radio, Television and Electronic Information under Minister of Information and Communication