Mekong Capital said it is raising a US$150 million Vietnam-focused fund, the firm's fourth, and expects its first closing at US$50 million in a few months.
Gold prices in Vietnam slid by VND100,000 a tael over the previous day to below VND28 million a tael on June 15 amid corrections within the global market.
If Vietnam, which had one third of India's coastal belt, had emerged as a major leader in the world fishing industry, India could replicate the success.
Pune-based VH Group has forayed into the Southeast-Asian market by setting up a poultry feed manufacturing facility in the Tay Ninh Province of Vietnam.