Panel discussion with members of Forbes’s “Midas List” of leading venture capitalists at 500’s annual VC industry conference, PreMoney. Photo: Sumit Kohli @sreelphoto

Hi all,

At the beginning of October, we held our annual global LP meeting as well as our annual VC industry conference, PreMoney. Discussions ranged from nuts and bolts topics like “The State of Data & Experimentation in Venture” to industry trends like “The Impact of Massive Funds” and “Navigating Generational Change in VC”. Get your dose of straight talk and watch the panel discussions here.

With Vietnam emerging as the winner of the US-China trade war and primed for an M&A boom, it’s a good time to be investing. Indeed, we closed deal #36 to help companies leverage engineering talent in Vietnam and elsewhere. Meanwhile, we also took time to honor our founders and our partners.

In conjunction with National Women’s Day on October 20 (Vietnam celebrates women’s day twice a year) we had the chance to feature the stories of women who lead: our portfolio companies’ female founders. Recently Eddie helped judge the WISE Women Innovation Challenge and encouraged 12 innovative women-led startups to champion their space. We also charted seven woman VC warriors to watch in Vietnam, including our investment manager Hau Ly as well as other VCs from Startup Viet Partners, Openspace Ventures, VinaCapital, and Patamar, among others.

Until then,

Team 500 Startups Vietnam

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500 Startups Vietnam in the News

 

  • Copper Cow Coffee in Fortune’s Holiday Gift Guide 2018: Coffee and Tea. A Vietnamese-style cup of coffee with a strong, nutty brew that can be whipped up anywhere. Fortune. 11/1
  • AppOnBoard’s App Store Demos on Google Play see big growth. “Google is using AppOnBoard’s technology to enable users to tap on demo apps in the store and play the game instantly in a highly visible feature dubbed Google Play Instant.” VentureBeat. 10/18
  • Beam scores funding to bring e-scooters to Singapore. The e-scooter startup raised $6.4 million from investors including Sequoia, Founders Fund, ZhenFund, and 500 Startups to transform shared personal mobility in Asia. Bloomberg. 10/23
  • PayJoy secures $20M in debt financing from Arc Labs. The company helps consumers with not only mobile device financing, but also unsecured lending, by using a customer’s phone for underwriting data and as collateral. Crowdfund Insider. 11/1. The company also partnered with major banks and network providers to boost smartphone penetration in Nigeria and help close its digital divide. TechFinancials. 11/5

 

 

Vietnam in the News

 

  • Vietnam, France sign deals worth more than $10 billion. The prime ministers of France and Vietnam witnessed the signing of two business deals worth over $10 billion and dozens of other agreements covering energy, education, health, technology and the environment. Voice of America. 11/2
  • Vietnam is winning the US-China trade war. As the trade war heats up, more firms are rerouting their production to Vietnam. Foreign Policy. 10/30
  • Vietnam begins life under new strongman President Nguyen Phu Trong. General Secretary Nguyen Phu Trong became the first person to hold both titles since founding father Ho Chi Minh in the 1960s. TIME. 10/24
  • Vietnam to Launch MicroDragon Earth Observation Satellite in December. An important milestone in the nation’s road map to master satellite design and production. Via Satellite. 10/22
  • Vietnam primed for M&A boom as foreign ownership limit eases. Pharmaceuticals and banking will attract more foreign investment as state-owned companies look to divest. Nikkei Asian Review. 11/1
  • Vietnam to ratify Pacific Rim trade pact. The agreement is expected to improve Vietnam’s investment environment and to create between 20k-26k new jobs a year. ABC News. 11/2

 

 

Vietnam Tech in the News

 

  • KKR pumps $145 Million into Southeast Asia’s top property app. The Series D financing will help PropertyGuru take full control of leading Vietnamese real estate site Batdongsan.com.vn. Bloomberg.10/31
  • Vietnam releases cybersecurity draft decree. The draft required tech companies such as Facebook and Google to set up offices in Vietnam. Reuters. 11/2
  • Cooky, a Vietnamese food recipe portal, raised $500,000 in a funding round led by ESP Capital. With 40,000 online recipes and 200 offline cooking tutorial sessions, Cooky attracts over 3 million visits per month. DealStreetAsia. 10/29
  • Uiza snatches top spot at Tech in Asia Jakarta 2018 Arena. The video and livestream cloud API platform from Vietnam leverages data science to optimize viewing experience. Tech in Asia.10/24
  • Vietnamese prosecutor recommends Grab be treated as taxi service. As the lawsuit between local taxi firm Vinasun and Grab is still ongoing, so is the debate about whether Grab is a taxi service or not. DealStreetAsia. 10/30

 

 

Upcoming Events

 

Startup Viet 2018, 11/15, HCMC
Hau will be judging the top 5 pitches from Startup Viet, an annual startup pitching contest and tribute gala hosted by VNExpress. Event Page

NTT Com Startup Challenge Vietnam 2018, 11/22, HCMC

Startup pitches, panel discussion, and meeting with VCs from Monk’s Hills Ventures, 500 Startups Vietnam, and Golden Gate Ventures among others. Event Page

Techfest 2018: From Here to Global, 11/29-12/1, Da Nang

Eddie will be speaking on a panel about Vietnam’s VC landscape, Techfest 2018 is a 3-day event with +100 investors and +200 startups from Vietnam, Singapore, Malaysia, South Korea and others. Event Page

Vietnam Web Summit, 12/6, HCMC. 12/13 Hanoi

Organized by TopDev, the annual festival expects to provide 150 technical seminars as well as networking and recruiting opportunities. Event Page

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