Vietnam Startup Valuations Could Fall 50%, Leading Investor Says

(Nikkei Asia) — Startup valuations in Vietnam could fall 50% from their recent peaks as company founders adjust to a decline in venture capital investment, a partner in the country’s oldest private equity firm says.

Chad Ovel of Mekong Capital said during a recent visit to Tokyo that his firm sees a “massive opportunity” to profit from the change and is considering launching a new fund in Vietnam “maybe in next year.”