Singapore’s Golden Gate Targets Vietnam Startups in Growth Push

Singapore’s Golden Gate Ventures is opening two offices in Vietnam to invest in the country’s emerging tech sector that it predicts will spur Southeast Asia’s next phase of growth.

The Singapore-based venture capital firm is planning to set up posts in Ho Chi Minh City and Hanoi, it said in a statement Monday. Founding partner Vinnie Lauria has moved to Ho Chi Minh City to head operations.

Vietnam, with a population of about 100 million, is attracting venture capitalists as the country’s economy expands and consumers adopt online and mobile services. Vietnam’s startups drew a record $1.4 billion of investment ...