Investment Fund

Mr. Trump wants to set up an investment fund with US government capital, suggesting that it could be used to buy TikTok. Photo: Xinhua

Trump wants to create a national investment fund and buy TikTok

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US President Donald Trump signed an executive order on February 3 (local time), requiring the establishment of a national investment fund within the next year.

Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc said that the draft proposal for the Investment Support Fund to operate under a model similar to a public service unit. Photo: Quochoi.vn

Proposal for Investment Support Fund with specific regulations

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The draft proposes that the Investment Support Fund operate under a similar model to a public service unit under the Ministry of Planning and Investment, with its own specific regulations.