Most Active VC Firms Based in Vietnam

Key Players Shaping Vietnam's Startup Ecosystem Through Strategic Investments and Global Impact

Vietnam's startup ecosystem has been thriving, fueled by a surge in technological innovation and a growing entrepreneurial spirit. As the country rapidly evolves into a regional startup hub, venture capital (VC) firms have played a crucial role in nurturing and scaling high-potential businesses. From technology-driven solutions to fintech disruptors, these firms have invested in and supported a diverse range of companies. This article highlights some of the most active venture capital firms based in Vietnam, showcasing their leadership, investment footprints, and notable portfolio companies.

Ascend Vietnam Ventures (AVV)

  • 🏦 HQ: Ho Chi Minh City, Vietnam

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Binh Tran, Eddie Thai

  • πŸ”’ Number of Investments: 10-50

  • πŸ’°οΈ Number of Exits: 1-10

  • πŸ‘œ Notable Portfolio companies: Elsa, Turing, Mfast

Do Ventures

  • 🏦 HQ: Ho Chi Minh City, Vietnam

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Dzung Nguyen, Vy Le

  • πŸ”’ Number of Investments: 10-50

  • πŸ‘œ Notable Portfolio companies: Bizzi, Manabie, Azota

Earth Venture Capital

  • 🏦 HQ: Ho Chi Minh City, Vietnam

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Linh Nguyen, Tien Nguyen

  • πŸ”’ Number of Investments: 10-50

  • πŸ‘œ Notable Portfolio companies: Sparxell, Hylight, Beex

ThinkZone Ventures

  • 🏦 HQ: Cau Giay, Hanoi, Vietnam

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Do Bui, Hoang Nguyen

  • πŸ”’ Number of Investments: 10-50

  • πŸ’°οΈ Number of Exits: 1-10

  • πŸ‘œ Notable Portfolio companies: EMDDI, Gimo, Rootopia

VinaCapital Ventures

  • 🏦 HQ: Ho Chi Minh City, Vietnam

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Trung Hoang

  • πŸ”’ Number of Investments: 10-50

  • πŸ’°οΈ Number of Exits: 1-10

  • πŸ‘œ Notable Portfolio companies: Coinhako, Urbox, Validus

VSV Capital

  • 🏦 HQ: Hanoi, Vietnam

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Tra Hoang, Sung-Ku β€œGibs” Song

  • πŸ”’ Number of Investments: 10-50

  • πŸ’°οΈ Number of Exits: 1-10

  • πŸ‘œ Notable Portfolio companies: Bitglim, CyHome, Emiso

The dynamic landscape of Vietnam’s venture capital scene reflects the country’s ambition to become a key player in the global startup economy. These VC firms, with their strategic investments and committed leadership, have been instrumental in propelling innovative startups and fostering growth across various sectors. As Vietnam continues to attract international attention, the future looks promising for both investors and entrepreneurs. With supportive VCs at the helm, the Vietnamese startup ecosystem is well-positioned for continued expansion and impact on a global scale.