Top 8 Venture Capital Firms in Vietnam That Emerging Startups Should Know About

Vietnam is emerging as a promising market for young startups, fueled by rapid economic growth, a large and dynamic population, and strong support from the government and international organizations. To succeed, startups need access to capital, expertise, and flexible opportunities. Kusto Vietnam is one of the venture capital firms that can provide these essential resources.

Kusto Vietnam is part of the Kusto Group, a multinational corporation headquartered in Singapore with operations across sectors including oil and gas, construction, real estate, agriculture, healthcare, and education. Since 2005, Kusto Vietnam has been actively investing in the country and currently manages a portfolio worth up to $700 million. The firm is looking to further expand its investments in this market, with a focus on operational excellence and innovation in selecting investment partners.

Kusto Vietnam’s investment philosophy is centered around building long-term partnerships with the companies in its portfolio. The team consists of entrepreneurs, operational experts, and seasoned investors who work closely with companies to develop and implement growth strategies. Kusto is committed to supporting businesses from the ground up, helping them build strong foundations that lead to sustainable profits. The firm prioritizes long-term business sustainability before focusing on short-term gains.

Over the next five years, Kusto Vietnam plans to continue investing in traditional sectors like real estate and construction on a larger scale. However, the firm will also expand its investments into new areas such as technology, retail, and healthcare. Kusto Vietnam has established itself as a trusted and professional venture capital partner, contributing to the growth of several leading businesses in Vietnam. Emerging startups should seize the opportunity to collaborate with Kusto and together make a significant impact in improving the country’s business landscape.

CONTACT INFORMATION:
Address: Room 1103 – Central Plaza, 17 Le Duan, Ben Nghe Ward, District 1, Ho Chi Minh City
Phone: 028 3823 3094
Email: [email protected]
Website: https://kusto.com.vn/

If you are a tech entrepreneur, chances are you’ve heard of Golden Gate Ventures. This leading Southeast Asian venture capital firm was founded under the guidance of experienced investors from Silicon Valley. With its headquarters in Singapore, the firm also operates in Vietnam, Indonesia, and Thailand.

Golden Gate Ventures has launched four investment funds with a total capital under management of $250 million, investing in over 60 companies. The firm focuses on sectors such as fintech, edtech, e-commerce, SaaS, entertainment, deep tech, and more. Their mission is to support startups in expanding their market reach both regionally and globally.

Notable investments by Golden Gate Ventures include companies like Stripe, Carousell, Carro, Xendit, Funding Societies, Homage, Goplay, and Nextpay. The firm not only provides capital but also offers expertise, experience, networks, and additional resources to its portfolio companies. They organize events, workshops, training programs, and collaborate with strategic partners to foster the growth of the Southeast Asian startup ecosystem.

If you want to learn more about Golden Gate Ventures, you can visit their website or follow their social media channels. You can also reach out to them via email or phone for further information on investment opportunities or support services.

CONTACT INFORMATION:

Addresses:

• 27th Floor, NIC Building, Ton That Thuyet, Cau Giay, Hanoi
  
• Sonatus Building, 15 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City

Email: [email protected]

Website: https://www.goldengate.vc/

Saigon Asset Management (SAM) is a fund management and investment firm with a focus on the Vietnamese market. With over 15 years of experience and more than $250 million invested in over 65 private and listed companies, SAM is one of the leading venture capital funds in Vietnam. SAM’s team consists of seasoned professionals with extensive networks and expertise in analysis, due diligence, value creation, and effective investment management. What sets SAM apart is its mission and values. SAM aims to not only be a standout financial organization in Vietnam but also strives for customer service excellence, partnerships, and integrity.

SAM currently manages two primary funds: Vietnam Equity Holding (VEH) and Vietnam Impact Holding (VIH). VEH, established in 2007, invests in high-growth private and listed companies in Vietnam and has been ranked among the top three most effective investment funds in Vietnam by Edmond de Rothschild. VIH, launched in 2020, provides capital for innovative Vietnamese companies while promoting environmental, social, and governance (ESG) principles. SAM has also established strategic partnerships with Norsk Solar, USAID, and the Asia Foundation.

In addition to fund management, SAM offers investment banking services to companies in its portfolio and has raised over $300 million in sustainable funding for small and medium enterprises, as well as energy efficiency projects. With its strong reputation and impressive track record, SAM has proven its credibility and capability in the venture capital sector in Vietnam. If you're a young founder with creative ideas seeking professional investment support, you can reach out to SAM via their website at saigonam.com for more details.

CONTACT INFORMATION:

Address:

• Sunwah Tower, 9th Floor, Room 909, 115 Nguyen Hue, Ben Nghe Ward, District 1, HCMC
• 3rd Floor, The Imperial Suites, 01-N1, Alley 40, Van Bao, Lieu Giai, Ba Dinh, Hanoi

Phone: 028 3827 8000
Website: https://saigonam.com/

For young startup founders in Vietnam, understanding the venture capital firm IDG Ventures Vietnam (IDGVV) could be crucial. IDGVV is the first venture capital fund in Vietnam focused on technology and engineering, founded by the International Data Group (IDG), one of the largest global technology media companies. With approximately $100 million in capital, IDGVV has invested in over 40 companies across various sectors including technology, media, telecommunications, and consumer goods. Notable investments include VNG, Yan TV, Apollo Education, FBNC, VC Corporation, Webtretho, Vietnamworks, and many others.

So, what makes IDGVV particularly attractive to young startups?

• Firstly, the fund boasts a team of top-tier partners and advisors with deep experience and commitment to both the Vietnamese and global markets. IDGVV also benefits from support from IDG Ventures, a global network managing approximately $3.7 billion and having invested in over 350 companies worldwide.
• Secondly, IDGVV adopts a flexible and effective investment strategy, investing in companies at all stages of growth, from startups to scaling businesses, with a focus on consumer, technology, media, and telecommunications sectors. The fund offers not just capital but also active involvement in the management of companies, providing strategic advice, marketing support, and recruitment assistance to help companies scale successfully.
• Thirdly, IDGVV has an extensive and reputable network that includes strategic investors, leading industry players, government and non-governmental organizations, media outlets, and startup communities. The fund also hosts and participates in various events and activities aimed at connecting and supporting young startups.

Seize this opportunity to reach out to IDGVV and take your idea from humble beginnings to extraordinary success. The fund provides not only capital but also guidance and support in every step of your entrepreneurial journey. With IDGVV’s support, you can break through and help shape the future of Vietnam’s tech industry.

CONTACT INFORMATION:

Address:

• 5th Floor, V-Building, 125-127 Ba Trieu, Hai Ba Trung, Hanoi
• 5th Floor, Centec Tower, 72-74 Nguyen Thi Minh Khai, Ward 6, District 3, Ho Chi Minh City

Phone: 024 2220 0348

Email: [email protected]

Website: https://idgvv.com.vn/en/

Venture capital funds play a crucial role in the development of emerging companies, especially those with high potential but significant risks. As a vital source of funding and support for startups, these funds help companies grow and achieve success. Among the well-known venture capital funds in Vietnam, FPT Capital stands out.

Founded in 2007 and licensed by the State Securities Commission, FPT Capital has established itself as a significant player in the market. The fund’s main goal is to diversify and flexibly invest in high-potential companies, focusing on leading listed companies and projects within the FPT Corporation and its affiliates.

What sets FPT Capital apart is its deep expertise in information technology, law, and finance, enabling the fund to create tailored investment packages that meet the goals and funding needs of investors, based on a strong understanding of the market and legal regulations. In addition, the fund actively supports companies in implementing advanced technology solutions to enhance business performance. FPT Capital’s experienced legal and financial team is also able to assist businesses with critical matters such as company formation, business valuation, tax management, mergers and acquisitions, litigation, fundraising, stock listing, and IPOs.

FPT Capital has played a vital role in supporting some of Vietnam's most well-known startups, such as VNG, Yeah1, Tiki, Topica, Haravan, Beeketing, Got It, and many others. Moreover, the fund has become a key player in fostering investment relationships between Vietnam and Japan, attracting interest and collaboration from major Japanese investment groups like JAFCO Asia, CyberAgent Ventures, Recruit Holdings, and Softbank Ventures. Overall, FPT Capital is a reliable and professional venture capital partner, offering exciting opportunities for talented young startups with innovative ideas and a passion for creative growth.

CONTACT INFORMATION:

Address: 7th Floor, FPT Tower, 10 Pham Van Bach, Dich Vong, Cau Giay, Hanoi

Phone: 024 7300 1313

Website: https://fptcapital.com.vn/

Mekong Capital is a private equity management consultancy firm in Vietnam, specializing in investments in unlisted companies, with a particular focus on consumer-driven sectors. The companies in Mekong Capital’s portfolio are among the fastest-growing and market-leading businesses in consumer-driven industries in Vietnam, including retail, restaurants, consumer goods, and education.

With a strong track record of adding value to portfolio companies, Mekong Capital follows an Ontological Private Equity approach, using a vision-driven investment model. The firm is a pioneer in building robust corporate cultures and assembling teams with significant experience, which forms the foundation for achieving breakthrough results.

Some of Mekong Capital’s most successful investments include: Thegioididong (Mobile World), PNJ (Phu Nhuan Jewelry), ICP, Golden Gate, VAS (Vietnam Australia School), Masan Consumer, Traphaco, Pharmacity, F88, YOLA, Pizza 4P’s, Chao Do, Vua Nệm (King of Mattresses), ABA Cooltrans, and Nhất Tín Logistics.

CONTACT INFORMATION:
Address:

• Sonatus Building, 25th Floor, 15 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City
• Lotte Center Hanoi, 31st Floor, East Tower - 54 Lieu Giai, Ba Dinh, Hanoi

Phone: 028 3827 3161

Email: [email protected]

Website: https://www.mekongcapital.com/

Facebook: www.facebook.com/MekongCapital

Dragon Capital Vietnam Fund Management Joint Stock Company (DCVFM) was established through a strategic partnership between two leading financial institutions in Vietnam: Dragon Capital and Vietnam Fund Management Joint Stock Company. The Dragon Capital Group currently manages assets totaling over VND 77,000 billion (approximately $4 billion USD) and offers a wide range of products and services to meet the needs of both institutional and individual investors, both domestically and internationally.

Dragon Capital boasts a diverse team of professionals, including investment managers, macroeconomic analysts, traders, legal experts, and customer service specialists, giving the firm the capability to cover a wide range of investment areas. These include public equities, equity funds, bonds, real estate, and sustainable development investments. DCVFM’s investment products, including stocks and bonds, consistently perform among the best in the market, with its exchange-traded funds (ETFs) being the only domestic ETF products actively traded in Vietnam and also listed indirectly on stock exchanges in South Korea and Thailand.

CONTACT INFORMATION:

Address:

• 15th Floor, Me Linh Point Building, 02 Ngo Duc Ke, District 1, Ho Chi Minh City
• 24th Floor, Tower 1, Capital Place Building, 29 Lieu Giai, Ngoc Khanh, Ba Dinh, Hanoi

Phone: 028 3825 1488 & 024 3942 8168

Email: [email protected]

Website: https://dragoncapital.com.vn/

Facebook: www.facebook.com/VietfundVFM?fref=ts

VinaCapital was founded in 2003 by experienced investors Don Lam and Horst Geicke. The firm's mission is to identify the best investment opportunities in Vietnam through their extensive network, deep investment knowledge, and financial expertise. VinaCapital currently manages over $3.3 billion in assets and has invested in more than 200 projects across sectors such as equities, real estate, infrastructure, energy, and technology.

VinaCapital places a significant emphasis on venture capital in its diverse portfolio. In 2018, they launched VinaCapital Ventures with a $100 million fund to support innovative tech startups capable of transforming the Vietnamese market and beyond. VinaCapital Ventures has successfully invested in startups such as Logivan (freight services), FastGo (ride-hailing), UrBox (digital gifting platform), Wee Digital (biometric recognition technology), and Got It (online education platform).

In addition, VinaCapital manages several other funds, including the VinaCapital Vietnam Opportunity Fund Limited (VOF), a diversified fund investing in various asset classes, including public and private equities, real estate, and bonds. Another notable fund is the VinaCapital VN100 ETF, which tracks the VN100 index, consisting of 100 of the most liquid and highest market capitalization stocks in Vietnam's stock market. With its reputation, experience, and success in venture capital, VinaCapital has firmly established itself as one of Vietnam's leading investment firms, making it a valuable partner for emerging startups looking for growth opportunities.

CONTACT INFORMATION:

Address:

• 17th Floor, SunWah Tower, 115 Nguyen Hue, Ben Nghe Ward, District 1, Ho Chi Minh City
• 6th Floor, 17 Ngo Quyen, Trang Tien, Hoan Kiem, Hanoi

Phone: 19006 36553

Email: [email protected]

Website: https://vinacapital.com/vi/

Facebook: www.facebook.com/vinacapitalwm/