3. So who am I ? Apart from “still on survival mode”
§ Founder and CEO at Keewi
§ Studied in Canada
§ Doing startup in Vietnam for a while
§ Running a startup community in VN
5. Big numbers
Pop: Over 91 millions
Internet Penetration: 35% (higher than global avg)
Growing rate: 5%
95% age 15-24 have accessed to internet
73% of internet users are under 35
66% of netizens using web everyday
6. Young population country
Every year there are 1 mil new born babies
Over 50% of Viet population is under 30 y/o
25% below 15 y/o
And 69% are in rural areas
7. iOS & Android picking up
Mobile user penetration: 130 million subscribers
Smartphones: 17%
3G penetration: 12%
Zalo hits 500,000 Android downloads in no time
8. Large portion for internet usage is
still on computers
81% desktops
47% laptops
56% mobiles
3 in 4 households have a computer now
9. Credit card: 2.5% but spending (transaction) is very
low, mostly users pay for oversea payment.
Bank account users: around 20% according to
government’s announcement
Various online payment gateway: Paypal, Onepay,
Nganluong …
Pay by text messaging but limited amount and
Telcos take around 50% range.
11. Running a startup in Vietnam
Hard to find quality people & right mindsets
Have to clearly understand culture & market
High valuation is rare
Honestly… competition sucks & COD is still king
12. Startups that are doing it… anyway
Keewi.me
Giaohangnhanh.vn
Appstore.vn
Ig9.vn
Tiki.vn
…
13. VCs that are funding it… anyway
CyberAgent Ventures
IDG Ventures
PVNI
DFJI Vina Capital
Kusto Tiger IT Investment fund
…