News & Reports
Highlights

Do Ventures
01 Mar, 2021
Manabie has a unique operating model that merges online and offline learning to maximize the efficiency of online-based education. In addition to a mobile app that allows high-school students across Vietnam to study online, Manabie also has five learning centers in Ho Chi Minh City, where students can receive the dedicated guidance from individual counselors.
With more than 350,000 app downloads after just one year of launching, Manabie has demonstrated impressive growth in an endeavor to re-innovate the experience of online learning for Vietnamese students.
This investment round includes the participation of Do Ventures, Genesia Ventures, Chiba Dojo, and other investors with a total capital of $3M.
“Having studied and worked in Japan myself, I have always been impressed by the way the Japanese educational culture creates highly disciplined and independent individuals. Manabie has outstanding execution capabilities and is capable of bringing the quality of Japanese education, which has long been appreciated by the world, back to Vietnam.” – Dzung Nguyen, General Partner of Do Ventures, expressed his opinions about the investment in Manabie.
https://www.techinasia.com/exlazada-execs-edtech-startup-bags-3m-funding-ventures
https://e27.co/keisuke-honda-backed-edutech-startup-manabie-secures-us3m-to-bring-japanese-education-to-vietnam-20210301/
https://dantri.com.vn/suc-manh-so/nen-tang-giao-duc-truc-tuyen-manabie-day-manh-phat-trien-tai-viet-nam-20210228175729667.htm
https://cafef.vn/do-ventures-co-khoan-dau-tu-thu-3-vao-edtech-manabie-trong-vong-goi-von-3-trieu-usd-20210301030430697.chn
https://cafebiz.vn/co-hon-350000-luot-tai-app-mot-startup-edtech-tai-viet-nam-goi-von-thanh-cong-3-trieu-usd-do-ventures-cua-shark-dzung-cung-rot-von-20210301092210251.chn
https://vietcetera.com/vn/do-ventures-genesia-ventures-chiba-dojo-va-cac-nha-dau-tu-khac-rot-von-3-trieu-do-vao-nen-tang-giao-duc-truc-tuyen-manabie
https://doanhnhan.vn/do-ventures-rot-tien-vao-startup-giao-duc-manabie-trong-vong-goi-von-3-trieu-usd-38264.html
https://theleader.vn/do-ventures-rot-von-vao-startup-giao-duc-manabie-1614571470779.htm
https://www.thesaigontimes.vn/314143/startup-cong-nghe-giao-duc-goi-von-3-trieu-do-la.html
https://ndh.vn/lam-giau/do-ventures-co-khoan-dau-tu-thu-3-vao-edtech-manabie-trong-vong-goi-von-3-trieu-usd-1286425.html
https://ictvietnam.vn/mang-giao-duc-truc-tuyen-nhat-ban-toi-viet-nam-nhan-dau-tu-3-trieu-usd-20210301085827081.htm
https://kinhdoanhhoinhap.vn/do-ventures-co-khoan-dau-tu-thu-3-vao-edtech-manabie-trong-vong-goi-von-3-trieu-usd-46543.html
https://vietnambiz.vn/startup-edtech-nhan-48-trieu-usd-sau-mot-nam-hoat-dong-tai-viet-nam-20210301111413083.htm
#DoVentures #venturecapital #startup #Manabie #edtech

Do Ventures
22 Feb, 2021
We see this achievement as a validation not only for the company but also for the Ad Tech sector as a whole. Our General Partner Dzung Nguyen is honored to be the first institutional investor of Clever Group during his time with CyberAgent Capital. Back in the day, Dzung was compelled by the company’s pioneering vision in the Vietnam’s digital marketing space which was shapeless at the time. CyberAgent participated in the Series A round in 2011, and Dzung had continued to support the company through its later milestones including a strategic partnership with Yellow Digital Marketing - the largest Korean holdings company in Mobile Digital Marketing.
To date, Clever Group has made its way to become a leading technological advertising group in Vietnam and Southeast Asia. The additional funding from the public markets undoubtedly will bring Clever Group to the next phase of development as a public company - this is just the beginning! 🥂🥂🥂
#DoVentures #venturecapital #CleverAds #CleverGroup #IPO #digitalmarketing

Do Ventures
20 Feb, 2021
The 2020 edition of our signature "Vietnam Tech Investment Report" will be out soon. Stay tuned!
#DoVentures #VentureCapital #startup #vietnamnet

Do Ventures
10 Feb, 2021
May this year unfold for us the best of opportunities to grow and write new success stories 🥂🥂🥂

Do Ventures
09 Feb, 2021
As change has become normal these days, we all hope for a 2021 with positive surprises 🥂
#DoVentures #startup #venturecapital

Do Ventures
28 Dec, 2020
“We also try to be as efficient and aggressive as we can, because this is when founders require our support more than ever. We launched our fund during Covid, because we see big opportunities in Vietnamese startups that have very strong fundamentals and we want to fuel their growth during this difficult time.”
Read on to learn more 👇
#doventures #startupviet #venturecapital #tech #startups #theken

Do Ventures
24 Dec, 2020
May the spirit of the holiday season be with you and your family today and more years to come. Happy Holidays! 🎄🎄🎄
#DoVentures #christmas2020 #startups #tech

Do Ventures
16 Dec, 2020
Read on to find out more.
#Vcs #SFFxSWITCH #SWITCHSingapore #doventures #startupviet #tech #startups

Do Ventures
12 Dec, 2020
𝑃𝑎𝑙𝑒𝑥𝑦, 𝑎𝑛 𝐴𝐼 𝑎𝑛𝑎𝑙𝑦𝑡𝑖𝑐𝑠 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑡ℎ𝑎𝑡 𝑜𝑓𝑓𝑒𝑟𝑠 𝑠𝑜𝑙𝑢𝑡𝑖𝑜𝑛𝑠 𝑡𝑜 𝑟𝑒𝑡𝑎𝑖𝑙𝑒𝑟𝑠, ℎ𝑎𝑠 𝑠𝑢𝑐𝑐𝑒𝑠𝑠𝑓𝑢𝑙𝑙𝑦 𝑓𝑖𝑛𝑎𝑙𝑖𝑧𝑒𝑑 𝑎 $1𝑚𝑖𝑙𝑙𝑖𝑜𝑛 𝑠𝑒𝑒𝑑 𝑟𝑜𝑢𝑛𝑑 𝑙𝑒𝑑 𝑏𝑦 𝐷𝑜 𝑉𝑒𝑛𝑡𝑢𝑟𝑒𝑠 𝑎𝑛𝑑 Access Ventures.
Founded in 2019, Palexy is a technology company that provides end-to-end business solutions to clients. Palexy's flagship Computer Vision and AI algorithms allow physical retailers to get accurate measurements of customers' behaviors and sales staff's performance. The strength of Palexy’s tools lies in the complete and total digitization of all available data sources, mainly from surveillance camera feeds, but also POS data, promotion calendar, even weather reports. The data are then collected, analyzed, and converted into analytics dashboards which help business owners make informed decisions.
The retail segment of Vietnam has great potential, since the country has a predominantly young population, rising middle class, and thriving GDP. However, many individual retailers appear to have stabilized in terms of productivity despite having employed all traditional methods at their disposal. Other retailers face challenges in areas such as expansion, marketing, or dealing with dwindling traffic. Palexy introduces a brand new data-driven mindset to conduct business and powerful tools to help retailers achieve their goals.
"We believe that Palexy will usher in a new era of consistent and continual growth in business empowered by data," says Mr. Dzung Nguyen, General Partner of Do Ventures."There are still many untapped opportunities in the retail market."
Mr. Thong Do, the CEO of Palexy, said that the funding would go towards fine-tuning its products, building its team, and expanding business both locally and regionally.
With over 1600 tech startups, Vietnam is one of the fastest startup scenes in Southeast Asia, and there are plenty of companies that seek to capitalize on the nation's growing retail market. However, Palexy's high-tech solutions require no additional hardware or personnel on the part of the clients, work 24/7, and act like a virtual shopping assistant, security guard, and business consultant all in one. With the funding from Do Ventures, Palexy would also invest in the R&D of new products to benefit current and future clients.
What separates Palexy from other technology companies is a well-rounded team with robust retail experience. All members of Palexy's consultant team have held high-level positions in retail companies and as such, are equipped to provide fully practical counsel to clients. Furthermore, Palexy is a consummate B-to-B player, dedicated to helping retailers by closely monitoring their progress and providing them with the necessary aid at every step.
For now, Palexy is on track to become the number one digital company for retailers in Vietnam. At some point in the future, Palexy projects to bridge the gap between physical retailers and e-commerce, enabling true omnichannel for clients.
Read more here 👉 https://e27.co/exclusive-palexy-picks-us1m-funding-to-bring-e-commerce-like-data-analytics-into-offline-stores-20201210/?utm_content=buffer2b661&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer&fbclid=IwAR03Fo67hEI-75BKJnErWD7AecUtgXtPSmJMA4IJOPutjzEes-__JSGx1Bk
#DoVentures #Palexy #DataDriven #TechStartup #VietnamStartup

Do Ventures
01 Dec, 2020
“According to our recent survey on 50 active funds in the region, Vietnam is the top destination for investment in the next 12 months,” she said. “Investment sentiment remains quite positive. Surveyed funds expect to invest in 117 to 200 deals in the next 12 months. Nearly 80% of the investors have planned to deploy 1 to 5 deals.”
#doventures #startupviet #venturecapital #tech #startups #krasia

Do Ventures
30 Nov, 2020
A Do Ventures report recently said that Vietnam is currently at a sweet spot for internet consumption given its young, tech-savvy population and a fast-growing middle-class.
#DoVentures #AsiaPEVCSummit #DealStreetAsia #StartupViet #startup

Do Ventures
28 Nov, 2020
Time: Tomorrow (Nov 29) from 8:30 AM
Venue: A2 Hall, A2 Building, National Economics University, Hanoi
Read more at:
👉 CHUNG KẾT CUỘC THI TÌM KIẾM TÀI NĂNG KHỞI NGHIỆP ĐỔI MỚI SÁNG TẠO QUỐC GIA TECHFEST 2020
👉 https://techfest.vn/
#doventures #techfestvietnam #Techfest2020 #startup #tech #StartupViet

Do Ventures
27 Nov, 2020
As part of the main event, the MPI encourages investors to commit the total investment amount to allocate to Vietnam’s tech startups during the period 2021-2025.
In addition, all investors signed a pledge with the MPI for the Cooperative Relationship between NIC - Vietnam National Innovation Center (as part of the MPI) and the group of investors attending the event. This effort aims to facilitate the digitization of the economy, promote foreign direct investment into Vietnam, and develop the innovation eco-system in the country on the basis of mutual benefits, equality, and reciprocity.
#doventures #VietnamVentureSummit #startupviet #venturecapital #tech #startups

Do Ventures
26 Nov, 2020
#DoVentures #AsiaPEVCSummit #DealStreetAsia #StartupViet #startup

Do Ventures
25 Nov, 2020
Stay tuned for more insights to be shared by Ms. Vy Le in the upcoming panel: Vietnam: What makes it tick?
#DoVentures #AsiaPEVCSummit #dealstreetasia #StartupViet #startup

Do Ventures
20 Nov, 2020
Vietnamese have not been as reliant on digital services as their neighbors, in part because they can go out. However, she noted that Vietnamese are googling topics related to online shopping more than ever.
"I think Vietnam is the most developed market for food tech in the region", she said.
Read more at Nikkei Asia 👇
#doventures #startupviet #venturecapital #tech #startups #nikkeiasia

Do Ventures
19 Nov, 2020
Organized by DealStreetAsia (a Nikkei Group company), the Asia PE-VC Summit has established itself over the last 4 years as the leading event addressing the investment and startup community in the region. So far, the summit has drawn in over 3,500 attendees from 40 plus countries over the years.
Register now!! https://lnkd.in/g5EXy9F
#doventures #startupviet #venturecapital #tech #startups #dealstreetasia #ASIAPEVCSUMMIT

Do Ventures
18 Nov, 2020
Join us on 18, 20, and 25 Nov for in-depth discussions (digital and in-person) with policy-makers, investors, founders, and corporates across the region and globe. 🚀
RSVP now! https://ggv.sg/vvs2020signup
#VVS2020

Do Ventures
17 Nov, 2020
“Having said that, if some of the existing Vietnam startups could outperform investors’ expectations, we can expect deal activities to rebound sooner,” she said.
Read more at DealStreetAsia 👇
#doventures #startupviet #venturecapital #tech #startups #dealstreetasia

Do Ventures
12 Nov, 2020
#doventures #TSVuDuyThuc #ThucVu #startupviet #venturecapital #tech #startups

Do Ventures
11 Nov, 2020
#doventures #TSVuDuyThuc #ThucVu #NguyCo #timCOtrongNGUY #fromRISKtoCHANCE #NguyenPhiVan #UniversityAccessCentre #SWorld #VnExpress
https://www.facebook.com/congdongvnexpress/videos/645563472804738

Do Ventures
11 Nov, 2020
#nguyco #VnExpress #doventures #startup #StartupViet

Do Ventures
11 Nov, 2020
Do Ventures is pleased to announce that Dr. Thuc Vu has joined the team after months of talks.
Dr. Thuc, co-founder and CEO of OhmniLabs and Kambria, has officially joined Do Ventures as a Venture Partner. As a valuable addition to the early-stage venture capital, he will increase Do Ventures global presence and support the development of its portfolio companies in the area of technology. His proven track record in not only academic work but also business endeavors reinforces Do Ventures' comprehensive investment strategy.
Dr. Thuc is a serial entrepreneur who co-founded four startups, among them are Katango and Tappy, both of which were later acquired by Google and Weeby.co respectively. Dr. Thuc has deep expertise in game theory, machine learning, tournament design, and multi-agent systems. He earned his BS degree from Carnegie Mellon University and his PhD from Stanford University, both in computer science with a focus on AI. In 2017, Dr. Thuc was named as one of the “40 Under 40” of Silicon Valley by the Silicon Valley Business Journal for his tireless efforts to bring about a significantly positive impact in the business world.
In recent years, a number of Vietnamese founders starting businesses abroad have been able to leave their marks on global markets. With his new role at Do Ventures, Dr. Thuc will bridge the fund to overseas Vietnamese founders and bring about more collaboration opportunities with this very talented community. Having a solid international background, he will be a resourceful mentor to help Do Ventures; portfolio companies strengthen their tech capabilities, widen their networks, and fully realize their potential.
“Mr. Dung and Ms. Vy have made instrumental impacts on the startup ecosystem in Vietnam. I am very excited to join them in their new endeavor to help connect them with founders who will benefit tremendously from their support,” said Dr. Thuc.
Apart from being an avid entrepreneur, Dr. Thuc also invests in Vietnamese tech startups and actively contributes to the growth of the local ecosystem. He co-founded VietSeeds, a non-profit organization that aims to transform the life of the underprivileged university students in Vietnam via financial help, personal mentoring, and various life skill training activities. He also co-founded VietAI, an NGO whose mission is to build a world-class AI talent community in Vietnam via education and networking.
“We focus on excellent entrepreneurs whose innovation can change our lives for the better and Dr. Thuc has been a great inspiration for many young Vietnamese founders. His know-how in some of the most vital technological spaces can provide extraordinary value to our portfolio companies to help them scale,” said Vy Le, co-founder and General Partner of Do Ventures. “His extensive experience as an angel investor and well-connected network will also effectively introduce us to the potential Vietnamese startups operating in Silicon Valley and other dynamic parts of the world.”
https://dantri.com.vn/suc-manh-so/tien-si-vu-duy-thuc-tro-thanh-giam-doc-dau-tu-tai-do-ventures-20201111064228634.htm
https://cafebiz.vn/shark-dzung-vua-chieu-mo-duoc-tan-gd-dau-tu-cho-do-ventures-tien-si-standford-la-nguoi-viet-nam-top-40-nguoi-duoi-40-tuoi-co-anh-huong-nhat-tai-silicon-valley-20201111073540912.chn
https://cafef.vn/shark-dzung-vua-chieu-mo-duoc-tan-gd-dau-tu-cho-do-ventures-tien-si-standford-la-nguoi-viet-nam-top-40-nguoi-duoi-40-tuoi-co-anh-huong-nhat-tai-silicon-valley-2020111108390949.chn
https://diendandatdai.com/tin-tuc/do-ventures-vua-chieu-mo-duoc-tan-gd-dau-tu-tien-si-standford-la-nguoi-viet-nam-top-40-duoi-40-tuoi-co-anh-huong-nhat-tai-silicon-valley.html
#doventures #startupviet #venturecapital #tech #startups

Do Ventures
07 Nov, 2020
According to Mr. Dzung Nguyen, when it comes to the relationship between investor and investee, sharing does not always come easy. "I consider startup founders to be my companions with whom I am most comfortable to share things. By doing so, every single idea would empower the company to achieve the best outcome and assure the path to mutual success."
Read the full interview of our General Partner - Mr. Dzung Nguyen - from Zing News to learn about his philosophy in business and his pragmatic approach as an investor.
#doventures #startupviet #venturecapital #tech #startups #zingnews

Do Ventures
04 Nov, 2020

Do Ventures
04 Nov, 2020
Register now to save your spot:
🔗 https://www.eventbrite.sg/e/switch-vietnam-spotlight-tickets-126515530357?aff=efbeventtix&fbclid=IwAR309e0iG8dNyABL_F0Uhnr4AmYHmWdntmwlbfICaH28HHr7GCMBCkZYuo8
#doventures #venturecapital #privateequity #southeastasia #vietnam #singapore #investment #startup #digitaleconomy #switchsg #emergingAsia #StartupViet

Do Ventures
30 Oct, 2020
Speakers will cover the levers of growth in Vietnam entrepreneurship ecosystem and investment landscape.
🔶 Date: 4 Nov, Wed
🔶 Time: 2pm - 3pm (GMT +7)/ 3pm - 4pm (GMT +8)
🔶 Venue: via Zoom (registered participants will receive a link to join)
Panelists:
🔷 Vy Le, Partner, Do Ventures
🔷 Charles Rim, General & Founding Partner from Access Ventures
🔷 Eddie Thai, Partner, 500 Startups
Register here 👇
https://www.eventbrite.sg/e/switch-vietnam-spotlight-tickets-126515530357?fbclid=IwAR00JKxhRHhRfN0bQ8LzGJgjm9TwNFW4ZmfSspw_hQqiiZ65GYMuwHV3_ec
#doventures #venturecapital #privateequity #southeastasia #vietnam #singapore #investment #startup #digitaleconomy #switchsg #emergingAsia #StartupViet

Do Ventures
27 Oct, 2020
Time: Wednesday, Oct 28 at 8:30 am
Venue: Pullman Hotel, 40 Cat Linh St., Hanoi
The forum is a special offline event for female startup founders and entrepreneurs hosted by Endeavor Vietnam and WISE - Sáng kiến hỗ trợ Phụ nữ Khởi nghiệp và Kinh doanh.
For more details about the forum, please visit 👇
https://www.facebook.com/events/3612550262140936/
#doventures #startupviet #venturecapital #tech #startups #CanadaAid #WomenEmpowerment #InvestingInWomen #WISE #Endeavor

Do Ventures
22 Oct, 2020
According to Dzung and Vy, currently, there is a gap in early-stage funding in the country. This is even as the number of funds operating in the market is high.
“Do Ventures was set up to fill the gap, identify talents and support them from the early-stage”.
Read the full interview of DealStreetAsia 👇
#doventures #startupviet #venturecapital #tech #startups

Do Ventures
20 Oct, 2020
Read more to find the answer to this question in the interview of Ms. Vy Le with Tech Collective 👇
#doventures #startupviet #venturecapital #tech #startups

Do Ventures
13 Oct, 2020
#doventures #startupviet #venturecapital #tech #startups

Do Ventures
12 Oct, 2020
Amid financing drop in Southeast Asia, Vietnam to be top destination for investment in the next year.
#doventures #startupviet #venturecapital #tech #startups

Do Ventures
11 Oct, 2020

Do Ventures
10 Oct, 2020
VietChallenge is a three-round judging startup competition for Vietnamese entrepreneurs all over the world. This year, VietChallenge Final Round will be held virtually and streaming on Vietchallenge's website, youtube, and social media channels. Each team will have 5 minutes of pitching and 10 minutes for Q&A from the board of judges.
Date: Sunday, October 11, 2020
Time: Starting from 8 AM
Format: Via Zoom Communication
Live broadcast on:
👉Vietchallenge's website www.vietchallenge.org
👉YouTube https://youtu.be/c7YLWeVVSAo and social media channels.
#VietChallenge2020 #startup #competition #doventures #VietStartup

Do Ventures
09 Oct, 2020
Despite a drop in investment value, Vietnam remains a promising market for investors. Eighty percent said they plan to execute between one and five deals in the next 12 months, with focus on education, healthcare and financial services.
#doventures #startupviet #venturecapital #tech #startups

Do Ventures
08 Oct, 2020
As Ms. Vy Le shares on episode 5 of the talk show Nguy-Co, investors are always seeking and willing to invest in highly potential startups.
Please visit vnexpress.net for the full interview 👇

Do Ventures
07 Oct, 2020
Do not miss the full episode on VnExpress.net at 8:30 pm this Thursday, October 08.

Do Ventures
07 Oct, 2020
Read to learn more about our forecasts for investment prospects in Vietnamese startups.
#doventures #venturecapital #StartupViet #tech #startups

Do Ventures
06 Oct, 2020
Also, we would like to give special thanks to our data partner Cento VC for their valuable contribution and support.
Please read our full report here:
👉
https://doventures.vc/report/vietnam-tech-investment-report-2019-h1-2020
KEY HIGHLIGHTS:
1️⃣ Investment in Vietnam reached record high in 2019 but dropped in H1/2020 due to COVID-19
- In 2019, Vietnamese tech startups enjoyed the most favorable year ever with $861 million (92% y-o-y growth) invested in 123 venture deals, more than double the number of 2018.
- However, as Covid-19 broke out at the beginning of 2020, investment proceeds in the first half of 2020 decreased by 22%, from $284 million in the same period last year to $222 million.
2️⃣ The rise in the number of investors entering Vietnam
- The number of foreign investors entering Vietnam spiked to a record number of 109 in 2019, in which Korean VCs continued to show great interest and accounted for the most, followed by Singaporean and Japanese ones.
- In H1/2020, the number of active investors was nearly the same as last year, but only a very limited number of new investors entered the Vietnam market as most early-stage deals in 2020 have been conducted by local investors or foreign investors with personnel based in Vietnam.
3️⃣ The emergence of several new industries in 2020
- In H1/2020, while retail continued to dominate the funding
amount, this period also witnessed the growth of capital invested in emerging industries such as employment (HRTech) and real estate (PropTech).
4️⃣ Internet access and consumer trust being strengthened
- Vietnam is currently at its sweet spot for Internet consumption with a young tech-savvy population in the fast-growing middle-class. During the outbreak of Covid19, Internet and mobile accessibility has been significantly improved thanks to the efforts from local telco companies, which is considered one of the main contributing factors to the robust growth of the Internet economy.
- Periods of social distancing also caused major changes in consumer behavior and brought them online more than ever. As online shopping and online payment become essential to our daily lives, consumer trust will likely improve across sectors such as e-commerce, education, and healthcare
LOOKING FORWARD
Looking ahead to the rest of 2020 and 2021, we expect investment sentiment in Vietnam to remain high. According to their survey on 50 active funds among 6 major markets in SEA, Vietnam is the preferred top destination for investment in the next 12 months, followed by Indonesia. Positive sentiments are recorded around education, healthcare and financial services as a long-term trend in the next 12 months.

Do Ventures
05 Oct, 2020

Do Ventures
03 Oct, 2020
Your presence and enthusiasm made this event a great success. We truly appreciate your attendance and contribution.
Looking forward to seeing you again soon!
#doventures #startupviet #venturecapital #tech #startups

Do Ventures
02 Oct, 2020
F99 is a platform that enables farmers to bypass traditional intermediaries to sell fruits directly to consumers. The platform is known as the most well-known distributor of best-selling fruits such as Musang King durian and Sabudo green caviar. F99’s competitive advantage is its ability to directly connect with farmers and effectively restructure the supply chain from suppliers to users to bring products to consumers in the shortest period at reasonable prices. Currently, customers can order products of the company via such channels as mobile application, website, Facebook and receive the products at home.
The increase of Vietnamese consumers’ disposable income leads to a higher demand for fruits. According to a survey by Kantar WorldPanel Vietnam in 2018, spending on fruits accounted for 19% of a household's total fresh food expenditure in the country, higher than that on other fresh food such as pork, chicken, or fish. Currently, consumers can buy fruits at open markets, supermarkets, and convenience stores. However, this causes a number of geographical obstacles and inconveniences, especially during the period of social distancing under the influence of the Covid-19. Therefore, F99 was established with the goal of providing safe and fresh fruits to customers in the shortest time at the most reasonable price.
F99 distributes imported and domestic fruits from local farms in Vietnam to cater to a wide range of consumers. Some of the best-selling imported fruits include Malaysia’s Musang King durian, New Zealand’s kiwi, and Taiwan’s melon. F99 purchases domestic fruits directly from major growing areas across the country, with a commitment to distribute and provide stable income for farmers. Recently, F99 has launched a number of campaigns to support farmers to bring a large quantity of produce to the market via additional distribution channels. In particular, F99 has cooperated with Khanh Hoa Province to expand a 30-hectare farm of green caviar and
support more than 100 households to find jobs and earn stable income. Besides, the company’s two most recent campaigns also help farmers to sell more than 100 tons of Hung Yen longan and 300,000 coconuts at Ben Tre Province in the first month of execution.
Sharing the reason for investing in F99, Mr. Dzung Nguyen, General Partner of Do Ventures said: “F99’s impressive performance in an extremely tough food retail market convinced us to invest and support the founding team. Although it has only been a year in operations, F99 has been profitable, and its revenue is growing very fast at a rate of nearly 3,600% in the most recent month, compared to the same period last year. What is even more remarkable is that when Covid-19 took place, the founding team still demonstrated its focus and the ability to adapt to the situation extremely well and continued to research and invest in the product and technology to operate more effectively.
Do Ventures believes that in the food retail market, which is highly potential yet challenging to adopt innovative technology, F99 will be a pioneer startup in revolutionizing fruit distribution and fresh produce in Vietnam, that can bring about significant values to the society.”
Sharing about his vision, Mr. Hoang Quang Thinh, the founder of F99 said that the startup plans to expand the purchasing areas and support farmers in various aspects beyond a mere distribution channel in order to help them with selling and increasing income. In terms of users, F99 will expand its distribution channels to major cities in Vietnam beyond Hanoi and Ho Chi Minh City to provide users with fresh and juicy fruit products at reasonable prices within 2 hours.
Mr. Le Thanh Cong, Co-founder of F99, revealed that the investment amount will be invested in developing the technology platform, building the cold supply chain and the distribution system to enhance customer experience.
#F99 #DoVentures #StartupViet #VC

Do Ventures
29 Sep, 2020
Ms. Vy Le, Co-founder of Do Ventures, will be on the judging panel as 7 Vietnam startups pitch to represent Vietnam in the global finals.
Save your seat at: bit.ly/slt2020vietnam
Gobi Partners
#SheLovesTech #WomenInTech #Vietnam #StartupViet #startup

Do Ventures
28 Sep, 2020
In the world of business, being passive is the last thing you should do. At Do Ventures, we share the same philosophy for success: Growing by doing.
#doventures #startupviet #venturecapital #tech #startups

Do Ventures
26 Sep, 2020
Vy Le - Co-founder of Do Ventures - shared her insights with Nikkei Asian Review about the opportunities for Vietnamese startups to ride on a surging post-COVID business environment.
#doventures #startupviet #digitaleconomy #venturecapital #privateequity #southeastasia #emergingAsia #tech #startups

Do Ventures
24 Sep, 2020
If you are interested in Vietnam's tech ecosystem, don't forget to save your spot at bit.ly/sltvietnamtech to hear from and ask questions to the esteemed panelists:
▪️Vy Le, General Partner of Do Ventures
▪️Bobby Liu, Founding Partner of Med247 Clinic
▪️Yiping Goh, Partner of Quest Ventures
▪️Moderator: Kenneth Tan, Vice President of Gobi Partners
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Don't miss out on She Loves Tech Vietnam's Virtual Pitch Day at bit.ly/slt2020vietnam to watch 9 startups compete in front of a panel of judges on September 29 1-3pm!
BSSC Toong DNES - Vườn ươm Doanh nghiệp Đà Nẵng SEO-Vietnam Zone Startups Vietnam Startup Vietnam Foundation Bách Khoa Innovation Vietnamese Entrepreneurship Society in Finland - Vietes
#SheLovesTech #WomenInTech #Startups #Vietnam

Do Ventures
23 Sep, 2020
Find the answer by Shark Dzung - General Partner of Do Ventures - in the article from nhadautu.vn.

Do Ventures
20 Sep, 2020
Hai là, người ta bàn bạc quá nhiều, nói quá nhiều! Im lặng mà làm thì tốt hơn.
Cuối cùng, tập trung vào ‘DO’ thôi. Những startup ‘làm nhiều hơn nói’, chúng tôi sẽ hỗ trợ."
https://cafebiz.vn/shark-dzung-tiet-lo-ly-do-bo-chuc-giam-doc-cyberagent-viet-nam-thai-lan-thoat-khoi-vung-an-toan-don-luc-ho-tro-cac-startup-viet-trong-khung-hoang-covid-19-20200907222713108.chn?fbclid=IwAR0lDx6OjDEa4vNVIaDw0dZGbvXhTRyZjqQkZ3FU-JWyoayfThDGp5CzRvA