SlideShare a Scribd company logo
1 of 15
Download to read offline
Introduction to
Vietnam’s Startup Ecosystem




        Presented by Mike Tran
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
Vietnam is potentially
a goldmine


Vietnam is a very
hard & tricky
market to figure out
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
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
iOS & Android picking up


Mobile user penetration: 130 million subscribers
Smartphones: 17%
3G penetration: 12%

Zalo hits 500,000 Android downloads in no time
Large portion for internet usage is
       still on computers


81% desktops
47% laptops
56% mobiles
3 in 4 households have a computer now
	
  
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.
But you should be able to do it anyway
               learn
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
Startups that are doing it… anyway


Keewi.me
Giaohangnhanh.vn
Appstore.vn
Ig9.vn
Tiki.vn
…
VCs that are funding it… anyway


CyberAgent Ventures
IDG Ventures
PVNI
DFJI Vina Capital
Kusto Tiger IT Investment fund
…
Once you get it,
you get it
Thank you, any questions ?




                   Mike Tran
                   Founder & CEO at Keewi
                   mike@keewi.me
                   @mike726x

More Related Content

What's hot

45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysia
45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysia45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysia
45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysiarichard abas
 
What can we do to improve the startup scene in Vietnam?
What can we do to improve the startup scene in Vietnam?What can we do to improve the startup scene in Vietnam?
What can we do to improve the startup scene in Vietnam?Minh Do
 
Taiwan Startup Situation
Taiwan Startup SituationTaiwan Startup Situation
Taiwan Startup Situation01Booster
 
Philippines Startup Report - 2013
Philippines Startup Report - 2013Philippines Startup Report - 2013
Philippines Startup Report - 2013Ron Hose
 
Startups in Asia 2014
Startups in Asia 2014 Startups in Asia 2014
Startups in Asia 2014 Casey Lau
 
Hong Kong Startup Ecosystem ToolBox v.1
Hong Kong Startup Ecosystem ToolBox v.1Hong Kong Startup Ecosystem ToolBox v.1
Hong Kong Startup Ecosystem ToolBox v.1WHub
 
Innovation is everywhere - Nigeria startup ecosystem (2014)
Innovation is everywhere - Nigeria startup ecosystem (2014)Innovation is everywhere - Nigeria startup ecosystem (2014)
Innovation is everywhere - Nigeria startup ecosystem (2014)Innovation is Everywhere
 
The Definitive Guide to the Vietnam Startup Scene
The Definitive Guide to the Vietnam Startup SceneThe Definitive Guide to the Vietnam Startup Scene
The Definitive Guide to the Vietnam Startup SceneHATCH! PROGRAM
 
Thailand Startup Ecosystem
Thailand Startup EcosystemThailand Startup Ecosystem
Thailand Startup Ecosystemthumbsup
 
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee Suraphongchai
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee SuraphongchaiPeering into Thailand's Startup Ecosystem by Ardent Partner Tee Suraphongchai
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee SuraphongchaiArdent Capital
 
Quick overview of startup trends in japan
Quick overview of startup trends in japanQuick overview of startup trends in japan
Quick overview of startup trends in japanYusuke Asakura
 
Intro to the London Startup Comm 01.2015
Intro to the London Startup Comm 01.2015Intro to the London Startup Comm 01.2015
Intro to the London Startup Comm 01.2015Liz Elfman
 
Overview on Korea Startup Ecosystem
Overview on Korea Startup EcosystemOverview on Korea Startup Ecosystem
Overview on Korea Startup EcosystemD.CAMP
 
Israel's Startup and VC Ecosystem
Israel's Startup and VC EcosystemIsrael's Startup and VC Ecosystem
Israel's Startup and VC EcosystemPix Vine Capital
 
Singapore startup ecosystem and entrepreneur toolbox - Aug 2015
Singapore startup ecosystem and entrepreneur toolbox - Aug 2015Singapore startup ecosystem and entrepreneur toolbox - Aug 2015
Singapore startup ecosystem and entrepreneur toolbox - Aug 2015Arnaud Bonzom
 
Rude Baguette - Intro to the Paris Startup Scene
Rude Baguette - Intro to the Paris Startup SceneRude Baguette - Intro to the Paris Startup Scene
Rude Baguette - Intro to the Paris Startup SceneLiam Boogar-Azoulay
 
Thailand Fintech landscape 2016 special report by techsauce
Thailand Fintech landscape 2016 special report by techsauce Thailand Fintech landscape 2016 special report by techsauce
Thailand Fintech landscape 2016 special report by techsauce Techsauce Media
 
Japan Startup Ecosystem and Entrepreneur Toolbox
Japan Startup Ecosystem and Entrepreneur ToolboxJapan Startup Ecosystem and Entrepreneur Toolbox
Japan Startup Ecosystem and Entrepreneur ToolboxJoshua Flannery
 

What's hot (20)

45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysia
45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysia45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysia
45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysia
 
What can we do to improve the startup scene in Vietnam?
What can we do to improve the startup scene in Vietnam?What can we do to improve the startup scene in Vietnam?
What can we do to improve the startup scene in Vietnam?
 
Taiwan Startup Situation
Taiwan Startup SituationTaiwan Startup Situation
Taiwan Startup Situation
 
Philippines Startup Report - 2013
Philippines Startup Report - 2013Philippines Startup Report - 2013
Philippines Startup Report - 2013
 
Startups in Asia 2014
Startups in Asia 2014 Startups in Asia 2014
Startups in Asia 2014
 
Hong Kong Startup Ecosystem ToolBox v.1
Hong Kong Startup Ecosystem ToolBox v.1Hong Kong Startup Ecosystem ToolBox v.1
Hong Kong Startup Ecosystem ToolBox v.1
 
Innovation is everywhere - Nigeria startup ecosystem (2014)
Innovation is everywhere - Nigeria startup ecosystem (2014)Innovation is everywhere - Nigeria startup ecosystem (2014)
Innovation is everywhere - Nigeria startup ecosystem (2014)
 
The Definitive Guide to the Vietnam Startup Scene
The Definitive Guide to the Vietnam Startup SceneThe Definitive Guide to the Vietnam Startup Scene
The Definitive Guide to the Vietnam Startup Scene
 
Thailand Startup Ecosystem
Thailand Startup EcosystemThailand Startup Ecosystem
Thailand Startup Ecosystem
 
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee Suraphongchai
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee SuraphongchaiPeering into Thailand's Startup Ecosystem by Ardent Partner Tee Suraphongchai
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee Suraphongchai
 
Quick overview of startup trends in japan
Quick overview of startup trends in japanQuick overview of startup trends in japan
Quick overview of startup trends in japan
 
Intro to the London Startup Comm 01.2015
Intro to the London Startup Comm 01.2015Intro to the London Startup Comm 01.2015
Intro to the London Startup Comm 01.2015
 
Overview on Korea Startup Ecosystem
Overview on Korea Startup EcosystemOverview on Korea Startup Ecosystem
Overview on Korea Startup Ecosystem
 
India Startup Report
India Startup ReportIndia Startup Report
India Startup Report
 
Israel's Startup and VC Ecosystem
Israel's Startup and VC EcosystemIsrael's Startup and VC Ecosystem
Israel's Startup and VC Ecosystem
 
Singapore startup ecosystem and entrepreneur toolbox - Aug 2015
Singapore startup ecosystem and entrepreneur toolbox - Aug 2015Singapore startup ecosystem and entrepreneur toolbox - Aug 2015
Singapore startup ecosystem and entrepreneur toolbox - Aug 2015
 
Rude Baguette - Intro to the Paris Startup Scene
Rude Baguette - Intro to the Paris Startup SceneRude Baguette - Intro to the Paris Startup Scene
Rude Baguette - Intro to the Paris Startup Scene
 
Thailand Fintech landscape 2016 special report by techsauce
Thailand Fintech landscape 2016 special report by techsauce Thailand Fintech landscape 2016 special report by techsauce
Thailand Fintech landscape 2016 special report by techsauce
 
Japan Startup Ecosystem and Entrepreneur Toolbox
Japan Startup Ecosystem and Entrepreneur ToolboxJapan Startup Ecosystem and Entrepreneur Toolbox
Japan Startup Ecosystem and Entrepreneur Toolbox
 
Pakistan Startup Report
Pakistan Startup ReportPakistan Startup Report
Pakistan Startup Report
 

Viewers also liked

Chennai Startup Ecosystem - A collection
Chennai Startup Ecosystem - A collectionChennai Startup Ecosystem - A collection
Chennai Startup Ecosystem - A collectionNivas Ravichandran
 
SF Startup Ecosystem
SF Startup EcosystemSF Startup Ecosystem
SF Startup EcosystemZavain Dar
 
Chicago's Exploding Startup Ecosystem 8.2015
Chicago's Exploding Startup Ecosystem 8.2015Chicago's Exploding Startup Ecosystem 8.2015
Chicago's Exploding Startup Ecosystem 8.2015Red Rocket Ventures
 
Iranian Startup Ecosystem
Iranian Startup EcosystemIranian Startup Ecosystem
Iranian Startup EcosystemTechly
 
2015 State of the Atlanta Startup Ecosystem
2015 State of the Atlanta Startup Ecosystem2015 State of the Atlanta Startup Ecosystem
2015 State of the Atlanta Startup EcosystemAdam Harrell
 
Intro to the Austin Startup Scene - Damon Clinkscales
Intro to the Austin Startup Scene - Damon ClinkscalesIntro to the Austin Startup Scene - Damon Clinkscales
Intro to the Austin Startup Scene - Damon ClinkscalesDamon Clinkscales
 
Intro to the Singapore Startup Community
Intro to the Singapore Startup CommunityIntro to the Singapore Startup Community
Intro to the Singapore Startup CommunityAdrian Tan
 
A hitchhiker's guide to the boulder tech startup community
A hitchhiker's guide to the boulder tech startup communityA hitchhiker's guide to the boulder tech startup community
A hitchhiker's guide to the boulder tech startup communityDavid Cohen
 
Startups in India
Startups in IndiaStartups in India
Startups in IndiaPankaj Jain
 
Czech the tech scene
Czech the tech sceneCzech the tech scene
Czech the tech sceneStartupYard
 
GA_Intro to the NYC Startup Community
GA_Intro to the NYC Startup CommunityGA_Intro to the NYC Startup Community
GA_Intro to the NYC Startup Communitykshiiba
 
Intro to the Hong Kong Startup Scene
Intro to the Hong Kong Startup SceneIntro to the Hong Kong Startup Scene
Intro to the Hong Kong Startup SceneCasey Lau
 
The Lisbon Tech Startup Guide
The Lisbon Tech Startup GuideThe Lisbon Tech Startup Guide
The Lisbon Tech Startup GuideStartup Tour
 
Hungarian Startup Ecosystem 2013
Hungarian Startup Ecosystem 2013Hungarian Startup Ecosystem 2013
Hungarian Startup Ecosystem 2013Startups .hu
 
Introduction to the Los Angeles Startup Community
Introduction to the Los Angeles Startup CommunityIntroduction to the Los Angeles Startup Community
Introduction to the Los Angeles Startup CommunityLaunchpad LA
 
Innovation is everywhere - Shenzhen (China) startup ecosystem (2014)
Innovation is everywhere - Shenzhen (China) startup ecosystem (2014)Innovation is everywhere - Shenzhen (China) startup ecosystem (2014)
Innovation is everywhere - Shenzhen (China) startup ecosystem (2014)Innovation is Everywhere
 
The Startup Ecosystem - Maxime Pico Startup42
The Startup Ecosystem - Maxime Pico Startup42The Startup Ecosystem - Maxime Pico Startup42
The Startup Ecosystem - Maxime Pico Startup42Maxime Pico
 

Viewers also liked (20)

Chennai Startup Ecosystem - A collection
Chennai Startup Ecosystem - A collectionChennai Startup Ecosystem - A collection
Chennai Startup Ecosystem - A collection
 
SF Startup Ecosystem
SF Startup EcosystemSF Startup Ecosystem
SF Startup Ecosystem
 
Chicago's Exploding Startup Ecosystem 8.2015
Chicago's Exploding Startup Ecosystem 8.2015Chicago's Exploding Startup Ecosystem 8.2015
Chicago's Exploding Startup Ecosystem 8.2015
 
Iranian Startup Ecosystem
Iranian Startup EcosystemIranian Startup Ecosystem
Iranian Startup Ecosystem
 
2015 State of the Atlanta Startup Ecosystem
2015 State of the Atlanta Startup Ecosystem2015 State of the Atlanta Startup Ecosystem
2015 State of the Atlanta Startup Ecosystem
 
Intro to the Austin Startup Scene - Damon Clinkscales
Intro to the Austin Startup Scene - Damon ClinkscalesIntro to the Austin Startup Scene - Damon Clinkscales
Intro to the Austin Startup Scene - Damon Clinkscales
 
Intro to the Singapore Startup Community
Intro to the Singapore Startup CommunityIntro to the Singapore Startup Community
Intro to the Singapore Startup Community
 
A hitchhiker's guide to the boulder tech startup community
A hitchhiker's guide to the boulder tech startup communityA hitchhiker's guide to the boulder tech startup community
A hitchhiker's guide to the boulder tech startup community
 
Startups in India
Startups in IndiaStartups in India
Startups in India
 
Intro to the Dallas Startup Community
Intro to the Dallas Startup CommunityIntro to the Dallas Startup Community
Intro to the Dallas Startup Community
 
Czech the tech scene
Czech the tech sceneCzech the tech scene
Czech the tech scene
 
GA_Intro to the NYC Startup Community
GA_Intro to the NYC Startup CommunityGA_Intro to the NYC Startup Community
GA_Intro to the NYC Startup Community
 
Intro to the Hong Kong Startup Scene
Intro to the Hong Kong Startup SceneIntro to the Hong Kong Startup Scene
Intro to the Hong Kong Startup Scene
 
The Lisbon Tech Startup Guide
The Lisbon Tech Startup GuideThe Lisbon Tech Startup Guide
The Lisbon Tech Startup Guide
 
Vietnam Startup Ecosystem (May 2015)
Vietnam Startup Ecosystem (May 2015)Vietnam Startup Ecosystem (May 2015)
Vietnam Startup Ecosystem (May 2015)
 
Starting up in Korea
Starting up in KoreaStarting up in Korea
Starting up in Korea
 
Hungarian Startup Ecosystem 2013
Hungarian Startup Ecosystem 2013Hungarian Startup Ecosystem 2013
Hungarian Startup Ecosystem 2013
 
Introduction to the Los Angeles Startup Community
Introduction to the Los Angeles Startup CommunityIntroduction to the Los Angeles Startup Community
Introduction to the Los Angeles Startup Community
 
Innovation is everywhere - Shenzhen (China) startup ecosystem (2014)
Innovation is everywhere - Shenzhen (China) startup ecosystem (2014)Innovation is everywhere - Shenzhen (China) startup ecosystem (2014)
Innovation is everywhere - Shenzhen (China) startup ecosystem (2014)
 
The Startup Ecosystem - Maxime Pico Startup42
The Startup Ecosystem - Maxime Pico Startup42The Startup Ecosystem - Maxime Pico Startup42
The Startup Ecosystem - Maxime Pico Startup42
 

Similar to Mike vietnam startup ecosystem

Ecommerce in Southeast Asia (November 2015) by Ardent Capital CEO Adrian Vanzyl
Ecommerce in Southeast Asia (November 2015) by Ardent Capital CEO Adrian VanzylEcommerce in Southeast Asia (November 2015) by Ardent Capital CEO Adrian Vanzyl
Ecommerce in Southeast Asia (November 2015) by Ardent Capital CEO Adrian VanzylArdent Capital
 
Cimigo Netcitizens 2012 - Report
Cimigo Netcitizens 2012 - ReportCimigo Netcitizens 2012 - Report
Cimigo Netcitizens 2012 - ReportQuynh LE
 
Cimigo netcitizens
Cimigo netcitizensCimigo netcitizens
Cimigo netcitizenswe20
 
Digital economy
Digital economyDigital economy
Digital economyVivek Jain
 
FirstStep - Crowdfunding Platform in Viet Nam
FirstStep - Crowdfunding Platform in Viet NamFirstStep - Crowdfunding Platform in Viet Nam
FirstStep - Crowdfunding Platform in Viet NamNguyễnTrung Kiên
 
Fintech innovations leading to better lives
Fintech innovations leading to better livesFintech innovations leading to better lives
Fintech innovations leading to better livesBui Thuy Dung
 
[PREMONEY 2014] Ardent Capital >> Adrian Vanzyl, "The Global VC: Southeast Asia"
[PREMONEY 2014] Ardent Capital >> Adrian Vanzyl, "The Global VC: Southeast Asia"[PREMONEY 2014] Ardent Capital >> Adrian Vanzyl, "The Global VC: Southeast Asia"
[PREMONEY 2014] Ardent Capital >> Adrian Vanzyl, "The Global VC: Southeast Asia"500 Startups
 
IDCEE 2014: The Future Of International Payments: Next 5 Years - Michael Kent...
IDCEE 2014: The Future Of International Payments: Next 5 Years - Michael Kent...IDCEE 2014: The Future Of International Payments: Next 5 Years - Michael Kent...
IDCEE 2014: The Future Of International Payments: Next 5 Years - Michael Kent...IDCEE
 
The 10 most promising payment and card solution providers
The 10 most promising payment and card solution providers The 10 most promising payment and card solution providers
The 10 most promising payment and card solution providers Merry D'souza
 
Vietnam Online Marketing Report 2012 - Cimigo
Vietnam Online Marketing Report 2012 - CimigoVietnam Online Marketing Report 2012 - Cimigo
Vietnam Online Marketing Report 2012 - CimigoViet Duong Nguyen
 
4IR and Digital Transformation Opportunities and Strategies to achieve goal
4IR and Digital Transformation Opportunities and Strategies to  achieve goal4IR and Digital Transformation Opportunities and Strategies to  achieve goal
4IR and Digital Transformation Opportunities and Strategies to achieve goalSyed Shoeb
 
[PREMONEY 2014] Innovation Works >> Chris Evdemon, "The Global VC: China"
[PREMONEY 2014] Innovation Works >> Chris Evdemon, "The Global VC: China" [PREMONEY 2014] Innovation Works >> Chris Evdemon, "The Global VC: China"
[PREMONEY 2014] Innovation Works >> Chris Evdemon, "The Global VC: China" 500 Startups
 
Veber FinTech Vs Banking consumer report
Veber FinTech Vs Banking consumer reportVeber FinTech Vs Banking consumer report
Veber FinTech Vs Banking consumer reportMarie Johnson
 
FINTECHS & CORONA; WHICH FINTECH WILL GROW IN POST CORONA ERA by GÖRKEM ÇOKÇETİN
FINTECHS & CORONA; WHICH FINTECH WILL GROW IN POST CORONA ERA by GÖRKEM ÇOKÇETİNFINTECHS & CORONA; WHICH FINTECH WILL GROW IN POST CORONA ERA by GÖRKEM ÇOKÇETİN
FINTECHS & CORONA; WHICH FINTECH WILL GROW IN POST CORONA ERA by GÖRKEM ÇOKÇETİNMustafa Kuğu
 
Veber Fintech Event September 2016
Veber Fintech Event September 2016Veber Fintech Event September 2016
Veber Fintech Event September 2016Neil Laver
 

Similar to Mike vietnam startup ecosystem (20)

Ecommerce in Southeast Asia (November 2015) by Ardent Capital CEO Adrian Vanzyl
Ecommerce in Southeast Asia (November 2015) by Ardent Capital CEO Adrian VanzylEcommerce in Southeast Asia (November 2015) by Ardent Capital CEO Adrian Vanzyl
Ecommerce in Southeast Asia (November 2015) by Ardent Capital CEO Adrian Vanzyl
 
Mobile_RP_2011 7.14.2011a
Mobile_RP_2011 7.14.2011aMobile_RP_2011 7.14.2011a
Mobile_RP_2011 7.14.2011a
 
Currency And Paperless Money
Currency And Paperless MoneyCurrency And Paperless Money
Currency And Paperless Money
 
Cimigo Netcitizens 2012 - Report
Cimigo Netcitizens 2012 - ReportCimigo Netcitizens 2012 - Report
Cimigo Netcitizens 2012 - Report
 
Cimigo netcitizens
Cimigo netcitizensCimigo netcitizens
Cimigo netcitizens
 
Digital economy
Digital economyDigital economy
Digital economy
 
FirstStep - Crowdfunding Platform in Viet Nam
FirstStep - Crowdfunding Platform in Viet NamFirstStep - Crowdfunding Platform in Viet Nam
FirstStep - Crowdfunding Platform in Viet Nam
 
Fintech innovations leading to better lives
Fintech innovations leading to better livesFintech innovations leading to better lives
Fintech innovations leading to better lives
 
[PREMONEY 2014] Ardent Capital >> Adrian Vanzyl, "The Global VC: Southeast Asia"
[PREMONEY 2014] Ardent Capital >> Adrian Vanzyl, "The Global VC: Southeast Asia"[PREMONEY 2014] Ardent Capital >> Adrian Vanzyl, "The Global VC: Southeast Asia"
[PREMONEY 2014] Ardent Capital >> Adrian Vanzyl, "The Global VC: Southeast Asia"
 
IDCEE 2014: The Future Of International Payments: Next 5 Years - Michael Kent...
IDCEE 2014: The Future Of International Payments: Next 5 Years - Michael Kent...IDCEE 2014: The Future Of International Payments: Next 5 Years - Michael Kent...
IDCEE 2014: The Future Of International Payments: Next 5 Years - Michael Kent...
 
The 10 most promising payment and card solution providers
The 10 most promising payment and card solution providers The 10 most promising payment and card solution providers
The 10 most promising payment and card solution providers
 
Anfin pitch deck
Anfin pitch deckAnfin pitch deck
Anfin pitch deck
 
9 fundamentals for e-commerce in thailand
9 fundamentals for e-commerce in thailand9 fundamentals for e-commerce in thailand
9 fundamentals for e-commerce in thailand
 
Vietnam Online Marketing Report 2012 - Cimigo
Vietnam Online Marketing Report 2012 - CimigoVietnam Online Marketing Report 2012 - Cimigo
Vietnam Online Marketing Report 2012 - Cimigo
 
4IR and Digital Transformation Opportunities and Strategies to achieve goal
4IR and Digital Transformation Opportunities and Strategies to  achieve goal4IR and Digital Transformation Opportunities and Strategies to  achieve goal
4IR and Digital Transformation Opportunities and Strategies to achieve goal
 
[PREMONEY 2014] Innovation Works >> Chris Evdemon, "The Global VC: China"
[PREMONEY 2014] Innovation Works >> Chris Evdemon, "The Global VC: China" [PREMONEY 2014] Innovation Works >> Chris Evdemon, "The Global VC: China"
[PREMONEY 2014] Innovation Works >> Chris Evdemon, "The Global VC: China"
 
Veber FinTech Vs Banking consumer report
Veber FinTech Vs Banking consumer reportVeber FinTech Vs Banking consumer report
Veber FinTech Vs Banking consumer report
 
FINTECHS & CORONA; WHICH FINTECH WILL GROW IN POST CORONA ERA by GÖRKEM ÇOKÇETİN
FINTECHS & CORONA; WHICH FINTECH WILL GROW IN POST CORONA ERA by GÖRKEM ÇOKÇETİNFINTECHS & CORONA; WHICH FINTECH WILL GROW IN POST CORONA ERA by GÖRKEM ÇOKÇETİN
FINTECHS & CORONA; WHICH FINTECH WILL GROW IN POST CORONA ERA by GÖRKEM ÇOKÇETİN
 
Banking on mobile
Banking on mobile Banking on mobile
Banking on mobile
 
Veber Fintech Event September 2016
Veber Fintech Event September 2016Veber Fintech Event September 2016
Veber Fintech Event September 2016
 

More from Willis Wee

How a Japanese Mobile RPG Made it Big Outside Japan (DeNA)
How a Japanese Mobile RPG Made it Big Outside Japan (DeNA)How a Japanese Mobile RPG Made it Big Outside Japan (DeNA)
How a Japanese Mobile RPG Made it Big Outside Japan (DeNA)Willis Wee
 
Tech in Asia's Culture Code
Tech in Asia's Culture CodeTech in Asia's Culture Code
Tech in Asia's Culture CodeWillis Wee
 
Why indonesia v5 techin asia
Why indonesia v5 techin asiaWhy indonesia v5 techin asia
Why indonesia v5 techin asiaWillis Wee
 
Startup asia thai_startup_eco_mimee_20130402
 Startup asia thai_startup_eco_mimee_20130402  Startup asia thai_startup_eco_mimee_20130402
Startup asia thai_startup_eco_mimee_20130402 Willis Wee
 
Ppt for loo startup asia final
Ppt for loo   startup asia finalPpt for loo   startup asia final
Ppt for loo startup asia finalWillis Wee
 
Hotbed korea be success(1)
Hotbed korea be success(1)Hotbed korea be success(1)
Hotbed korea be success(1)Willis Wee
 
Acquisition ofsgcm1april2013
Acquisition ofsgcm1april2013Acquisition ofsgcm1april2013
Acquisition ofsgcm1april2013Willis Wee
 
Sgx ann chope15mar13
Sgx ann chope15mar13Sgx ann chope15mar13
Sgx ann chope15mar13Willis Wee
 
Mozat feature tour
Mozat feature tourMozat feature tour
Mozat feature tourWillis Wee
 
Star android deck
Star android deckStar android deck
Star android deckWillis Wee
 
How we grow.pptx
How we grow.pptxHow we grow.pptx
How we grow.pptxWillis Wee
 
LiveJournal.sg intro
LiveJournal.sg introLiveJournal.sg intro
LiveJournal.sg introWillis Wee
 
My Journey As An Entrepreneur
My Journey As An EntrepreneurMy Journey As An Entrepreneur
My Journey As An EntrepreneurWillis Wee
 
Selera nusantara
Selera nusantaraSelera nusantara
Selera nusantaraWillis Wee
 
East ventures jakarta ventures night
East ventures jakarta ventures nightEast ventures jakarta ventures night
East ventures jakarta ventures nightWillis Wee
 
Top 50 Facebook Pages 2009
Top 50 Facebook Pages 2009Top 50 Facebook Pages 2009
Top 50 Facebook Pages 2009Willis Wee
 

More from Willis Wee (20)

How a Japanese Mobile RPG Made it Big Outside Japan (DeNA)
How a Japanese Mobile RPG Made it Big Outside Japan (DeNA)How a Japanese Mobile RPG Made it Big Outside Japan (DeNA)
How a Japanese Mobile RPG Made it Big Outside Japan (DeNA)
 
Tech in Asia's Culture Code
Tech in Asia's Culture CodeTech in Asia's Culture Code
Tech in Asia's Culture Code
 
Why indonesia v5 techin asia
Why indonesia v5 techin asiaWhy indonesia v5 techin asia
Why indonesia v5 techin asia
 
Startup asia thai_startup_eco_mimee_20130402
 Startup asia thai_startup_eco_mimee_20130402  Startup asia thai_startup_eco_mimee_20130402
Startup asia thai_startup_eco_mimee_20130402
 
Ppt for loo startup asia final
Ppt for loo   startup asia finalPpt for loo   startup asia final
Ppt for loo startup asia final
 
Hotbed korea be success(1)
Hotbed korea be success(1)Hotbed korea be success(1)
Hotbed korea be success(1)
 
Acquisition ofsgcm1april2013
Acquisition ofsgcm1april2013Acquisition ofsgcm1april2013
Acquisition ofsgcm1april2013
 
Sgx ann chope15mar13
Sgx ann chope15mar13Sgx ann chope15mar13
Sgx ann chope15mar13
 
Nubefy
NubefyNubefy
Nubefy
 
Mozat feature tour
Mozat feature tourMozat feature tour
Mozat feature tour
 
Star android deck
Star android deckStar android deck
Star android deck
 
How we grow.pptx
How we grow.pptxHow we grow.pptx
How we grow.pptx
 
LiveJournal.sg intro
LiveJournal.sg introLiveJournal.sg intro
LiveJournal.sg intro
 
In japan
In japanIn japan
In japan
 
My Journey As An Entrepreneur
My Journey As An EntrepreneurMy Journey As An Entrepreneur
My Journey As An Entrepreneur
 
Geo hunters
Geo huntersGeo hunters
Geo hunters
 
Selera nusantara
Selera nusantaraSelera nusantara
Selera nusantara
 
East ventures jakarta ventures night
East ventures jakarta ventures nightEast ventures jakarta ventures night
East ventures jakarta ventures night
 
Celeb 2.0
Celeb 2.0Celeb 2.0
Celeb 2.0
 
Top 50 Facebook Pages 2009
Top 50 Facebook Pages 2009Top 50 Facebook Pages 2009
Top 50 Facebook Pages 2009
 

Mike vietnam startup ecosystem

  • 1. Introduction to Vietnam’s Startup Ecosystem Presented by Mike Tran
  • 2.
  • 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
  • 4. Vietnam is potentially a goldmine Vietnam is a very hard & tricky market to figure out
  • 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.
  • 10. But you should be able to do it anyway learn
  • 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 …
  • 14. Once you get it, you get it
  • 15. Thank you, any questions ? Mike Tran Founder & CEO at Keewi mike@keewi.me @mike726x