Startup founders dominate Forbes ’30 under 30′ 2016 achiever list in Vietnam

Forbes Vietnam’s second list of ’30 people under 30′ 2016, that represents prominent achievers across various spheres, saw startup founders dominating the pecking order.

Like this year, Forbes’ maiden list for Vietnam, launched last year, too accounted for nearly one-third of the achievers belonging to the entrepreneur and innovator category.

“The first “30 Under 30” list by Forbes Vietnam in 2015 has inspired the youth to make effort to gain success. […] Nominating people to the list as an annual event, Forbes Vietnam aims to drive the attention to the young generation, the leaders of the future,” said Nguyen Bao Hoang, commercial representative of the magazine and managing general partner of IDG Ventures Vietnam.

This year, more individuals come from tech startups, using technology and the Internet to make big changes to the market, social enterprises and community activists to solve social problems, according to Nguyen Lan Anh, editorial secretary at Forbes Vietnam.

Here are the people from the local startup community who made it to the Forbes list of ’30 under 30′:-in this year’s list:

Nguyen Thai Dong Huong, co-founder, Vietyouth Entrepreneurs

Huong, a Standford University graduate, co-founded Vietyouth Entrepreneurs (VYE) as an event organiser for local startups in 2011. In partnership with IDG Ventures Vietnam, Standford Technology Ventures Programme and John Von Neumann Institute, VYE organises annual startup bootcamps.

Pham Quoc Dat, co-director, HATCH! PROGRAM

Dat, who is 24 years old, launched HATCH! more than three years ago, and the incubator has since then become one of the most active in Vietnam. Cooperating with a spate of other entrepreneurship schemes, HATCH! FAIR is one of the largest annual events for local startups. The programme also offers co-working space, advisory and networking to angel investors.

Truong Manh Quan, founder and CEO, Beeketing

Beeketing is one of the few Vietnamese startups that US venture capital firm 500 Startups has invested in. The startup was just established in 2014. Prior to the 500 Startups investment, which is actually not yet announced, Quan was an incubatee of the Topica Founder Institute, secured some angel money and won a ticket to visit Tel Aviv.

Also read: Has Vietnam’s e-commerce marketing platform Beeketing raised seed round from 500 Startups?

Ngo Xuan Huy, founder, ZooStudio

Huy is founder of ZooStudio, a startup behind fintech product Money Lover. The personal finance app is a global product with some 30 languages supported, while Huy and his team was one of the first cohorts of Malaysia’s accelerator programme MaGIC.

Nguyen Hoang Trung, founder and CEO, Lozi

Trung’s food media venture Lozi is one of the latest Vietnamese startups to raise venture funding. It announced last month to secure a 7-digit investment from Golden Gate Ventures and Internet media firm DesignOne Japan Inc. Trung and other two founders were born in the 90s and all dropped out of school to start their business together.

Also read: Vietnam: Food ordering app Lozi gets 7-digit funding from Golden Gate Ventures, DesignOne Japan

Pham Kim Hung, founder, TechElite

Graduating from Standford University and leaving the Silicon Valley in the US, Hung came back to Vietnam to be part of the Vietnam Silicon Valley project, and develop a B2B enterprise solution platform called TechElite. His startup raised undisclosed fund in a series A round in 2014. The company declined to talk about the investment as it was focused on rolling out its enterprise communication platform WorkTime.

Le Dinh Hieu, Business Development Head, Everest Education

Everest Education (E2) currently offers supplementary courses in math, English, test preparation, computer programming, private tutoring, and STEAM camps (Science, Technology, Engineering, Arts, and Math). Hieu gave up his job at Deloitte Vietnam and ING Holdings to join the founding team of the education startup in 2011. Along with other education platforms like Topica and Yola, Hieu said E2’s mission was to reform how education was delivered in Vietnam, growing from $200,000 capital investment to a $5 million market valuation in four years.

Food chain startup founders make it to list

Following big-ticket deals in gourmet restaurants ($5.5 million from Cassia Investments in The KAfe and $15 million series C investment in Huy Vietnam), food chains have received recognition from Forbes and this year, more founders in this area are listed, including Nguyen Ha Linh, co-founder and CEO of Koh Samui Hut; Hoang Minh Nhat, founder of Vietnamese bread stores Minh Nhat; and Nguyen Hai Ninh, founder and CEO of The Coffee House.

 

Startup founders who made to Forbes 2015 list

The Forbes 2015 list featured prominent Vietnamese founders and startup ecosystem players such as Edward Thai, 500 Startups partner (who was then announced to be one of 500 Startups’ two Vietnamese investment partners); Nguyen Ha Dong, creator of world phenomenon Flappy Bird; Truong Thanh Thuy, the female entrepreneur who sold Tappy social app to US-based Weeby; and Luong Duy Hoai, a successful businessman solving logistics problems in the country.

Judges for the business, startup and community-building category for 2016 list include well-known Vietnamese entrepreneurs like Nguyen Bao Hoang and Nguyen Hong Truong from IDG Ventures Vietnam; Pham Hong Hai – the first local CEO of HSBC Vietnam; Le Hong Minh – CEO of VNG Corp, Vietnam’s first unicorn; Tran Hung Huy, chairman of Asia Commercial Bank; Nguyen Thị Mai Thanh, chairwoman at Refrigeration Electrical Engineering Corp, one of Vietnam’s stock market blue chips; and Vu Duy Thuc overseas Vietnamese entrepreneur.

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.