VinaCapital Ventures grew out of a 2007 partnership with Draper Fisher Jurvetson, one of the first venture funds in Vietnam, and it still points to that fund's 3.7x return and 17.2% annual return as proof of its early track record. Backed by VinaCapital Group's broader investment platform, it focuses on using technology to fix inefficiencies in traditional Vietnamese industries, invests flexibly across stages with no fixed holding period, and positions itself as the local partner for international investors entering Vietnam's startup market.