Do Ventures’ Co-founder and General Partner Le Hoang Uyen Vy says, “Vietnamese companies have a very high potential in attracting foreign investments, but at the moment, there’s a bit of a drawback from investors”.

“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

Wishing you a peaceful and happy Christmas Eve with your family and friends from Do Ventures team.

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

“We had a temporary setback in the first half of 2020, partly because of the limitations in travel. We [also] had a drop in terms of GDP growth, but it’s still positive, which is quite critical compared to other countries”, shared by Ms. Vy Le at the Singapore Week of Innovation and Technology (SWITCH) conference in a talk titled “Vietnam Spotlight: Engine of Southeast Asia”.

Read on to find out more.

#Vcs #SFFxSWITCH #SWITCHSingapore #doventures #startupviet #tech #startups

Palexy 𝐫𝐚𝐢𝐬𝐞𝐬 $𝟏𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐞𝐞𝐝 𝐫𝐨𝐮𝐧𝐝 𝐨𝐟 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐥𝐞𝐝 𝐛𝐲 Do Ventures 𝐚𝐧𝐝 Access Ventures 🎉🎉🎉

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

VCs remain overall optimistic towards the country’s investment landscape. According to Ms. Vy Le, startups would “bounce back soon.”

“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

“Vietnam’s tech ecosystem is still very young, very early but has a lot of potential to grow,” said Vy Le, Co-founder and General Partner at Do Ventures.

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

⚡️⚡️⚡️ Meet the 10 finalists shortlisted for the Final Innovative Technopreneur Contest 2020 with Mr. Dzung Nguyen, Do Ventures' Co-founder & General Partner, as one of the board of judges.

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 is honored to co-host 𝗩𝗜𝗘𝗧𝗡𝗔𝗠 𝗩𝗘𝗡𝗧𝗨𝗥𝗘 𝗦𝗨𝗠𝗠𝗜𝗧 𝟮𝟬𝟮𝟬 - 𝗚𝗢𝗜𝗡𝗚 𝗗𝗜𝗚𝗜𝗧𝗔𝗟 with the Ministry of Planning and Investment (MPI) this year.

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

"Before schools didn't have online tools to teach online, now they are forced to adopt these channel. All the businesses realize they need tools to manage more efficiently and provide service online without relying on offline contact."- shared by Ms. Vy Le in the closing panel of #ASIAPEVCSUMMIT 2020.

#DoVentures #AsiaPEVCSummit #DealStreetAsia #StartupViet #startup

Asia PE-VC Summit 2020 begins TODAY at 4:00 pm VNT.

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

Ms. Vy Le, Co-founder of Do Ventures, shared her thoughts on how the pandemic had changed consumer behavior.

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

📣📣📣 Asia PE-VC Summit 2020 will take place online on 24-25 November with Ms. Vy Le as a panelist.

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

✨ 𝗩𝗜𝗘𝗧𝗡𝗔𝗠 𝗩𝗘𝗡𝗧𝗨𝗥𝗘 𝗦𝗨𝗠𝗠𝗜𝗧 𝟮𝟬𝟮𝟬 - 𝗚𝗢𝗜𝗡𝗚 𝗗𝗜𝗚𝗜𝗧𝗔𝗟 Highlights ✨

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

According to Ms. Vy Le’s conservative estimates, deal activity in Vietnam is unlikely to return to pre-pandemic levels until two-or-three quarters after international travel resumes, while uncertainties surrounding global finance may also be a factor to watch.

“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

DealStreetAsia updated on the news about Mr. Thuc Vu's appointment as Venture Partner of Do Ventures.

#doventures #TSVuDuyThuc #ThucVu #startupviet #venturecapital #tech #startups

Investment Officer at Do Ventures

1 - Job Summary

The Investment Officer works closely with other members of the team to source deals, carry out thorough research and analysis, provide investment reports and reviews, including quantitative and qualitative studies for our Investment Committee, and support companies in the portfolio. This position requires a unique combination of good business sense and proven qualitative and quantitative abilities.

2 - Suitable Profile

The ideal candidate shall be competent in prioritizing and working with little supervision. He/she shall be self-motivated, trustworthy, and open-minded.

3 - Duties and Responsibilities

There is an expectation that you will be actively involved in all aspects of investment. The duties are multi-faced and require the ability to communicate effectively, both internally and externally. The Investment Officer must successfully manage time, identify tasks, determine priorities, and complete deliverables to company standards and deadlines.

- Conduct industry research and investment theses in specific sectors to evaluate market attractiveness and competitive landscape.
- Lead the initial screening of new investment opportunities and perform due diligence on various aspects of the company.
- Prepare investment presentations and memos for both internal and external audiences.
- Oversee legal aspects of the investments into portfolio companies, including preparing legal documents, reviewing legal risks associated with the transaction.
- Support ongoing portfolio company in various key areas, including product development, operations optimization, organizational design, sales and marketing enhancement, talent recruitment, and overseas expansion strategy, to make sure portfolio companies could meet their predetermined milestones.
- Lead the fundraising activities for portfolio companies, including conducting research, building and reviewing financial models, perform administration duties, and support deal structuring.

4 - Qualifications

- Demonstrated knowledge of investment principles, investment strategies, policies, and regulations applicable to the investment industry
- Well-versed in quantitative analytical techniques – ability to build quantitative models, analyze financial statements & build valuation models.
- Proven project management and organizational skills – ability to handle multiple priorities, and work effectively under pressure. Exceptional attention to details.
- Proven ability to collaborate with senior leadership as a credible, results-driven, and valued business partner.
- Excellent written and verbal communication skills in English and Vietnamese.
- Must demonstrate a sense of honesty, integrity, with the ability to inspire and motivate others to promote the philosophy, vision, and values of the fund.
- Able to meet deadlines that may require working in the evenings and weekends when necessary.

5. Education and Work Experience Requirements

- Minimum of three (3) years of industry experience in one of the following fields: investment banking, private equity, management consulting, internal corporate consulting, asset management, or operations related positions in well-known startups.
- Bachelor’s degree in Finance, Economics, or in STEM-related fields from a top-tier institution.
- Master’s degree in Finance, Economics or Business Administration is highly preferred.
- Extensive experience in strategy, finance, product management, human development, or operations at top venture-backed regional scale startups is an advantage.

6. Benefits

- Get a competitive compensation package.
- Get an attractive quarterly bonus based on performance evaluation.
- Get a healthy nutritional care package, including free snacks, lunch, and dinner.
- Get an annual self-development budget to take courses of your choice.
- Have a solid medical coverage plan
- Join an overseas team-building trip combined with a startup event annually.
- Gain endless opportunities to work alongside outstanding CEOs and exceptional founders on daily basis.
- Be at the forefront to discover innovative business models that create positive impacts on society.
- Learn from hands-on experiences of self-made millionaires and billionaires worldwide.
- Be surrounded by smart, driven colleagues and work in a dynamic and professional environment.
- Be empowered and have full autonomy at work.
- Manage your own time and work under a flexible schedule
- Have the opportunity to push yourself beyond your own limit and build a lasting legacy.

7. Contact

Interested candidates should submit their information via the company email contact@doventures.vc. Submit a cover letter detailing how your work and/or academic experience meet the job requirements. Only those candidates whose qualifications meet the job requirements will be contacted.

Watch Talkshow Nguy Cơ now to see how Dr. Thuc Vu shares his thoughts on the important role of technology in Vietnam's startup development!!!

#doventures #TSVuDuyThuc #ThucVu #NguyCo #timCOtrongNGUY #fromRISKtoCHANCE #NguyenPhiVan #UniversityAccessCentre #SWorld #VnExpress

https://www.facebook.com/congdongvnexpress/videos/645563472804738

Do not miss Talkshow Nguy Cơ episode 10 with Dr. Thuc Vu - Do Ventures' new team member - to be livestreamed at 2pm TODAY on VnExpress.net

#nguyco #VnExpress #doventures #startup #StartupViet

𝐃𝐨 𝐕𝐞𝐧𝐭𝐮𝐫𝐞𝐬 𝐎𝐧𝐛𝐨𝐚𝐫𝐝𝐢𝐧𝐠 𝐀𝐈 𝐆𝐮𝐫𝐮 𝐚𝐬 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐏𝐚𝐫𝐭𝐧𝐞𝐫

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

As an African proverb puts it, “If you want to go fast, go alone. If you want to go far, go together.”

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

Vietnam Spotlight is happening now!!!

📣📣📣 Do not miss the event Vietnam Spotlight at 2 PM (GMT+7) today with Ms. Vy Le as one of the panelists.

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

As official partners of SWITCH Country Spotlight on Vietnam, Do Ventures and Quest Ventures warmly welcome you to join us for the event Vietnam Spotlight - Vietnam: Engine of Southeast Asia?

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

Tomorrow Ms. Vy Le will join Diễn đàn Nữ Doanh Nhân - Mở Đường Tăng Trưởng - the women business forum Scaling Up Women-led Business - as one of the panelists.

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

For first-generation entrepreneurs and venture capitalists Nguyen Manh Dzung Dzung Nguyen and Le Hoang Uyen Vy Vy Le, nurturing early-stage startups is more like passion.

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

Why is Vietnam the next big market for Southeast Asia? How is this impacting the region?

Read more to find the answer to this question in the interview of Ms. Vy Le with Tech Collective 👇

#doventures #startupviet #venturecapital #tech #startups

Tech investment review in September: impacts and opportunities for the SEA startup ecosystem.

#doventures #startupviet #venturecapital #tech #startups

Q&A with Do Ventures co-founder Vy Le from KrASIA:

Amid financing drop in Southeast Asia, Vietnam to be top destination for investment in the next year.

#doventures #startupviet #venturecapital #tech #startups

📢📢📢 Vietchallenge Final Round 2020 is happening NOW!!!

Ms. Vy Le will participate in VietChallenge Final Round 2020 tomorrow, October 11, as an Honored Guest.

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

Stringent travel restrictions and uncertainties in the global financial markets have disrupted deal-making activities.

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

"Investors are hungry for startups that can initiate new business models.”

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 👇

Ms. Vy Le will appear as a special guest on episode 5 of Nguy-Cơ, a talk show where business leaders and entrepreneurs share their unique stories and meaningful insights about the current market environment.

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

According to Do Ventures' survey on 50 active funds among 6 major markets in SEA (Vietnam, Indonesia, Malaysia, Philippines, Thailand), Vietnam is the top destination for investment in the next 12 months.

Read to learn more about our forecasts for investment prospects in Vietnamese startups.

#doventures #venturecapital #StartupViet #tech #startups

We are happy to share with you Vietnam Tech Investment Report (2019 - H1 2020). COVID-19 has partly favoured the key foundations of the local Internet economy and catalyzed digital transformation with new dynamics being detected in 2019 and the first half of 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.

It was such a delight to receive beautiful flower bouquets that added more colors to the launching event of Do Ventures. Thank you very much!

We would like to thank you for attending the Appreciation Day event. Your participation gave us a precious opportunity to share with you our endeavors and gain better insights about the startup investment landscape in Vietnam.

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 announced the first investment of $900,000 in F99, a fruit distribution platform in Vietnam.

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

She Loves Tech Vietnam Pitch Competition is happening TODAY - September 29!

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

"Things may come to those who wait, but only the things left by those who hustle." - Abraham Lincohn.

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

"Combined with Southeast Asia's third-largest number of internet users, the second-highest mobile penetration and the second-fastest average mobile connectivity speed, Vietnamese startups can ride on a surging post-COVID business environment."

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

𝐌𝐬. 𝐕𝐲 𝐋𝐞 - 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐏𝐚𝐫𝐭𝐧𝐞𝐫 𝐨𝐟 𝐃𝐨 𝐕𝐞𝐧𝐭𝐮𝐫𝐞𝐬 - will be joining She Loves Tech Webinar Series TODAY at 4:00 PM GMT+7.

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

Why is it the best time for startups to shine in the post-Covid world?

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

" Khi chúng ta nói đến startup hay bất kỳ việc gì, câu chuyện thường là: Ý tưởng thì nhiều người na ná giống nhau, nhưng câu chuyện điều chỉnh ý tưởng cho nó phù hợp với người dùng, cho đối tượng khách hàng thì chỉ có LÀM (DO) mới biết được.

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

"DO" CULTURE

Do Ventures look for PIONEERS that can form new sectors and initiate new customer behaviors. We place an emphasis on the following qualities:

1- Perseverance: Determination to achieve the highest potential outcomes
2- Integrity: Absolute honesty, transparency, and strong moral principles
3- Open mindset: High perceptivity to new ideas and opportunities
4- Nurture: Utmost care and support for portfolio companies
5- Empathy: Profound understanding of stakeholders and startup founders
6- Eagerness to learn: Genuine interest in acquiring hands-on experience
7- Resilience: Willingness to embrace challenges and iterate effectively
8- Self-discipline: Strong capability to stay on track and motivate ourselves

“To make something good, just do it. To make something great, just re-do it, re-do it, re-do it. The secret to making fine things is in remaking them.” by Kevin Kelly.

At Do Ventures, we believe in Growing by Doing More!

We would like to announce the first closing of Do Ventures at more than half of the $50M target from first-generation entrepreneurs in Vietnam and top institutional investors in Korea and Singapore such as NAVER, Sea, Vertex Holdings, Woowa Brothers, etc.

The fund is co-founded by Manh Dung Nguyen (Dzung) and Vy Hoang Uyen Le (Vy), who have successfully developed multi-million-dollar companies and possess unique insights into the Vietnam market. Dzung and Vy have respectively left CyberAgent Capital and ESP Capital to start a new journey of creating a meaningful impact on the local startup ecosystem.

Do Ventures has established itself as an early-stage venture capital firm that serves as a valued partner to both entrepreneurs and investors. Pursuing the philosophy of “Growing by Doing,” Do Ventures believes that entrepreneurs who are willing to do more tend to make more right decisions and outpace the competition. Therefore, Do Ventures is committed to becoming a pioneer to form new sectors and initiating new customer behavior.

For more information, please see our press release below:
- https://techcrunch.com/2020/09/07/do-ventures-launches-50-million-fund-for-vietnamese-startups-backed-by-naver-vertex-and-other-notable-lps/
- https://www.techinasia.com/cyberagent-esp-capital-vets-launch-vietnamfocused-fund
- https://www.dealstreetasia.com/stories/vietnam-do-ventures-205554/
- https://kr-asia.com/vietnams-do-ventures-raises-usd-28-million-to-invest-in-local-tech-firms

Do Ventures is a premier early-stage venture capital firm that focuses on making venture capital investments in information technology companies in Vietnam and Southeast Asia.