IDG Ventures Vietnam

IDG Ventures Vietnam (IDGVV) is the first technology venture capital fund in Vietnam, established in 2004 with offices in Ho Chi Minh City, Hanoi, and Singapore. The fund manages $100 million and has invested in over 40 companies in technology, media, telecommunications, and consumer sectors. The anchor limited partner is International Data Group (IDG), the world's largest IT media company, which has had a presence in Vietnam since 1992 when it launched PC World Vietnam, the country's first computer publication. IDG Ventures is a global family of five locally managed funds spanning China, Vietnam, India, Korea, and the United States, with over $3.7 billion under management collectively. IDGVV's team includes 4 partners and 15 investment professionals with over 50 years of combined Vietnam and Southeast Asia experience. IDGVV invests from inception through growth stage, typically serving as the first institutional investor and leading or co-leading rounds with board participation. The portfolio spans consumer, technology, media, and ICT. Notable investments include VNG (formerly Vinagame, Vietnam's largest technology company valued at $300 million-plus, originally a gaming company), Tiki (one of Vietnam's leading e-commerce platforms), Topica Edtech Group (online education), KiotViet (business software), VC Corp, and Vietnamworks. The firm has achieved 39 exits, making it one of the most productive early-stage investors in Vietnam's technology ecosystem. IDGVV's founding investment in VNG — which grew from a gaming startup into Vietnam's defining internet company — established the fund's credibility as the country's premier technology venture investor. The firm's long-standing IDG media relationships, combined with deep local knowledge accumulated since 2004, give it a structural sourcing advantage in one of Southeast Asia's fastest-growing digital economies.