Former German vice chancellor Philipp Roesler joins forces with VinaCapital

SGGP
Investment fund VinaCapital on March 15 made official announcement about picking former German vice chancellor Philipp Roesler as chairman of advisory board of VinaCapital Ventures, the technology investment company of VinaCapital.

Mr. Philipp Roesler

Mr. Philipp Roesler

Accordingly, Mr. Philipp Roesler will support Vietnamese startups to expand operation in foreign markets.

He said, ‘Since leaving the German government and the World Economic Forum, I have been keen to apply the varied experiences I have gained over the years and, if possible, do so in the country of my birth, and this opportunity enables me to do precisely that. Vietnam is blessed with enormous energy and talent and I look forward to playing a part in helping Vietnamese startups realize their full potential.’

Philipp Roesler is a German of Vietnamese origin. He was born in Soc Trang Province in 1973 and adopted by a German military couple at 9 months old from a Christian orphanage. He was also the youngest minister in the German Federal government and was the first Vietnamese native to become a minister in a European country in 2009. In 2011, he was elected as Deputy Prime Minister and Minister of Economy and Technology of this country. At that time he was very active in promoting the German startup community.

At the ceremony in Ho Chi Minh City, VinaCapital Ventures also announced that it added two more Vietnamese startups to its portfolio, consisting of Wee Digital, a fintech company that seeks to make digital banking safer and more intuitive, and Urbox, a digital e-gifting platform.

By Nhung Nguyen – Translated by Thuy Doan

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