Vietnamese conglomerate Vingroup JSC has announced the establishment of a $150 million fund aimed at supporting technology startups across Southeast Asia. The new venture arm will specifically allocate $50 million to invest in tech firms within the region. This initiative marks a significant step for Vingroup, which is led by Vietnam's richest person, as it seeks to capitalize on the growing startup ecosystem in Southeast Asia. The announcement comes amid broader developments in Vietnam's financial landscape, including anticipated upgrades to its $200 billion stock market.