DFJ VinaCapital launches $50M tech and telecom fund in Vietnam

DFJ VinaCapital has launched as a $50 million venture capital fund focused on technology and privatized telecom companies in Vietnam, according to PE Week.

It is a joint venture between Vietnam-based VinaCapital and Menlo Park, Calif.-based Draper Fisher Jurvetson.

Ok, we know Vietnam is socialist, but what’s the deal with all the red ties? ;)

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