Vietnam startups currently attract VC investments of between $5,000 and $50,000, but no regulatory framework exists to provide clarity for investors.

The government of Vietnam has drafted regulations to govern the country’s nascent venture capital sector and nurture more domestic startups, local news source VietnamNet reported today. Vietnamese VC firms and funds will have to meet an annual turnover threshold of VD200m ($9,000) over two years. Individual and institutional VC investors must respectively hold assets worth…

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