Vietnam’s first club for digital startups inaugurated

(VOVWORLD) - The Vietnam Digital Investor Club (VDI) made its debut at Techfest 2020. This is the first club in Vietnam to promote digital technology startups and a national startup ecosystem.
Vietnam’s first club for digital startups inaugurated   - ảnh 1The Vietnam Digital Investor Club (VDI) is officially introduced to boost the establishment of the national start-up ecosystem. (Photo: VINASA) 

VDI is the idea of the Vietnam Software and IT Services Association (VINASA) to strengthen the national startup ecosystem. VDI’s members are technology business people and investors – companies like FPT, MISA, FSI Technology Development and Trading Investment Company, and TFI Venture Fund.

The main aims of VDI are to develop a startup network via proper consultation and investment, provide professional training related to startup investment, and share investment experience among members.

Nguyen Dinh Thang, VINASA’s Vice President, said: “We’ll act as a playground to connect innovative ideas of young people and investors in an ecosystem of state management, businesses, and markets which are able to realize the innovative ideas.” 

One of the core members of the Club is FSI Technology Development and Trading Investment Company. FSI Deputy General Director Vu Tuan Nam said he and his colleagues started a business 13 years ago “with their bare hands”. They understand the difficulties startups face and want to help them.

“FSI works with startups to develop their technology products and market them to customers. We invest in their business and share with them our experience with products, services, and technology,” Nam said.

Tran Van Tung, Deputy Minister of Science and Technology, said startups should take any opportunity to receive support for their business.                         

“The startup ecosystem has many aspects. This is the first club for digital technology and transformation. The members come together voluntarily to share and connect for mutual development,” Tung said.

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