Who Are We
international trading partners, including the US, UK, Germany, France, Spain, UAE, Japan….
the startup ecology
(SHTP-IC, AHBI, FIIS, IEC, ITP,...)
global supply chain
years of corporate
strategic management and
The value of local specialties, from the sustainable exploitation of material sources to the application of traditional and regionally characteristic techniques, must be highlighted comprehensively during the production and development process of startups.
Break-through technology foundation
The core business model must be based on innovative ground-breaking technologies, can solve the society’s most urgent issues, keep up with trends and have future expansion plans into the international market.
Sustainable development (ESG)
This is the first and also the core element that ITI takes into consideration in our evaluation process: Environmental Friendliness, Community – society development capability (Social), Optimal business management model (Governance).
Business model serving large domestic and foreign markets
Vietnam is considered a potential market, with a total population of nearly 100 million people, increasingly improving average GDP per capita of roughly 3,694 USD/person (2021) beside the middle class with the fastest growth rate in Southeast Asia (2020). At the same time, total export ranks 16 globally (2020), a growth rate of 16% in value (2021). These key factors prompt us to highly appreciate the attractiveness of both the domestic market and the country’s export capability. As can be observed from our early-stage investment strategy (Seeding, Pre-seeding), ITI Fund seeks elements beyond mere innovative products, services, or business models. We prioritize startups and projects that can satisfy both the domestic and international market
Human plays the most crucial role in the innovation part of any businesses, accordingly deciding the business’s existence. ITI will, therefore, only cooperate and invest in projects where co-founders have the required in-depth knowledge and practical hands-on experience in their specific field of operation. At the same time, founders must be sensitive and adaptable to market fluctuations, able to connect and coordinate with the company’s pivotal team and uphold the entrepreneurial spirit.
Vuong Thanh Long
Strategy and Marketing AdvisorSee more
Nguyen Huu Thanh
Financial AdvisorSee more
Nguyen Thi Tinh Tam
Legal AdvisorSee more
Duong Ngoc Hieu
Technology AdvisorSee more
Vuong Thanh Long
With a strategic vision, professional, logical mindset, and 30 years of experience, Mr. Vuong Thanh Long has held such key positions as Executive Director, Marketing Director of large corporations (Biti’s, Trung Nguyen, FPT, C.T Group, Bibica, Thai Tuan, 4M Green World…)
Mr. Long was involved in strategy-implementation consulting and successfully coordinating projects at some of Viet Nam’s leading companies such as Dai Nam Tourism, Son Ha Stainless Steel, Phu My Fertilizer, Chao Cay Thi, Zema Beauty, …
He is currently lecturing at Van Lang University, Van Hien University and has over 15 years of experience sharing at CEO and Marketing courses at Vietnammarcom, BizUni, and Startup CEO…
As our Strategy and Marketing Advisor, Mr. Long will bring a comprehensive view of the market, competitors, business models, strategies, brands, and technology applications to startups, thereby assisting businesses in effectively implementing business strategies.
Nguyen Huu Thanh
With over 25 years of experience in corporate finance management and over 10 years as the chief accountant, head of finance – accounting department, and chief financial officer of foreign direct investment (FDI) companies in Vietnam, Mr. Thanh is concurrently the General Director of CFO Resource Company; Managing Director of Asia Invest Group, Investment Director of Syngience Investment and a member of the Central Executive Committee of the Vietnam Association of Business Administrators (VACD).
He also directly consults a professional accounting and financial management system development project for a leading Vietnam enterprise, and lectures in one of CFO Vietnam’s practical corporate budget planning, finance and accounting for leaders… training program.
With the accumulated experience, startups can expect valuable advices from Mr. Thanh with regards to business analysis, financial and budget planning, etc.
Nguyen Thi Tinh Tam
Over 22 years of experience in legal advice for multinational corporations have seen Ms. Nguyen Thi Tinh Tam primarily responsible for legal and compliance issues across the group’s various operational activities.
Before joining ITI Fund as a Legal Advisor, she was a lawyer for the Ho Chi Minh City Bar Association with over 11 years of experience working at a leading law firm in Vietnam, providing legal advice to large corporations. Startups can seek her support in perfecting the legal risk management system, ensuring legitimate rights and interests are best protected.
Duong Ngoc Hieu
A Ph.D. in computer science and over 20 years of experience have granted Mr. Duong Ngoc Hieu an in-depth understanding and expertise in startup evaluation, and research works in the field of computer science from an innovative perspective with deep expertise.
During his tenure at the University of Science and Technology – Ho Chi Minh City National University, he has been the chief architect and led several applied artificial intelligence and advanced technology application projects in several fields comprising security, health, Internet things (IoT), artificial intelligence (AI), big data (Big Data), Blockchain in many sectors (education, environment, transportation, industrial production…)
Mr. Hieu is currently the Deputy Director of the Center for Computing Engineering at the University of Science and Technology – Ho Chi Minh City National University and is the CEO of Computing Group after moving from his previous position as Product Head of Vexere – a bus ticket searching and booking platform with 5000+ agents across the country.
Accompanying ITI Fund as a Technology Advisor, Mr. Hieu will provide expert comments on optimizing the digital transformation process and trend adaptation
Ngo Dinh Dat
Le Thuc Hoai
As one of ITI Fund’s founders, Mr. Le Thuc Hoai plays an essential role in leading, strategically planning and investment consulting for the fund, using his 30 years of practical business experience.
Originally a bachelor of Ho Chi Minh City University of Technology – one of the critical technical schools in Vietnam, he has accumulated such a solid foundation that has later granted him the position of Technical Director of Thai Tuan – one of Viet Nam’s leading textile enterprises in terms of fashion items, garments, and service provision, where he has continuously devoted himself to for 25 years and earned the position of Deputy General Director of Strategy and Operation.
He has moved on, since 2019, to play the role of 4M Group’s CEO – renewable energy, green real estate, finance, investment…conglomerate, being responsible for the B2C retail segment, with a deep understanding of omnichannel business operation (e-commerce, direct sales…) in numerous international markets (USA, UK, France, Germany…)
Throughout his companionship with ITI Fund, he has indicated particular interest in projects that could take advantage of Viet Nam’s proud identity and bring it to the world, creating values for the community, and the environment and heading towards sustainable development.
Ngo Dinh Dat
With over 12 years of management experience at large corporations, combined with good market insight and decisive leadership talent, Mr. Ngo Dinh Dat is currently Managing Director of ITI Fund and is the key to building and promoting the fund’s development.
Most recently, Mr. Dat was the Director of the Strategy and Investment Department for a conglomerate in the non-food industry headquartered in New York (USA) with over ten global representative offices. (UK, Japan, France, Germany…) and production bases throughout Asia & Africa (Vietnam, Cambodia, Myanmar, China, Bangladesh, Ethiopia). His key responsibilities here included planning and implementing innovative development strategies for the corporation in the short, medium, and long term.
Mr. Dat used to work at Vast Apparel Vietnam as Chief Human Resource Officer, responsible for planning and implementing human development strategies for more than 1,000 employees spanning three factories in Southeast Asia. He also held the position of Supply Chain Manager at Marine Harvest Group – one of the world’s leading seafood corporations with over 11,000 employees in 24 countries.
Mr. Dat has been the consultant and judge at such programs as Startup Ideas (CiC), I-Startup, and Pitching Entrepreneurship Bootcamp (Ivey Canada),… to demonstrate his deep interest in the startup ecosystem. As the Managing Director of the ITI Fund, he has always upheld a consistent mindset and action, intending to build a prestigious organization and a professional team to contribute to and support leveraging young Vietnamese startups in the ecosystem.
Dang Thi Kieu My
As the Head of the Investment Department, Ms. Dang Thi Kieu My is responsible for expanding strategic cooperation with start-ups and managing investment activities at ITI Fund.
Over the course of her 11 years of work experience in an investment fund and asset management, several have been well-spent at Vietnam Fund Management Joint Stock Company – (now Dragon Capital Vietfund Management) and Manulife Viet Nam Fund Management Company. She has been involved in pioneering projects on converting closed-end funds into open-ended funds and developing investment products in the Vietnamese market since 2011. In 2016, she was appointed an information publisher of MAMV and was the youngest representative of a public fund management company in the market at the time.
Ms. Kieu My has over three years of experience as Head of the Business Development Department of AIP Foundation, leading capital raising and partner network expansion activities in Thailand, China, Cambodia, Malaysia, and Denmark. As of 2021, the total investment capital in community and non-profit projects under Ms. Kieu My’s charge has attracted over 3 million USD from international organizations and multinational companies. Before joining ITI Fund, she was the Head of Asset Management at Vietsin Commercial Complex Development – a joint venture between Mapletree Singapore and Saigon Co.op Investment Development.
In addition to her expertise and experience in investment finance, Ms. Kieu My also pays much attention to sustainable development policies, having graduated with a Master’s degree in Public Policy, majoring in Leadership and Management from Fulbright University Vietnam with a scholarship sponsored by the Department of Culture and Education – US Department of Foreign Affairs, while also holding a Fund Management Degree issued by the State Securities Commission.
Nguyen Luong Quang
As one of the first and core members of ITI, Mr. Nguyen Luong Quang currently possesses over ten years of experience in operation and production.
During his tenure in the planning, strategy, operation, and corporate structure department at the largest veston export group in Southeast Asia, Mr. Quang has been known as one of the pioneers in the company’s most innovative projects, thanks to his vision and understanding of production and logistics.
By combining his solid knowledge background gathered from his Bachelor’s Degree in International Business issued by Foreign Trade University with operational acumen, he successfully took on the role of Partnership Manager (PRM – Partner Relationship Manager), directly working with the corporation’s large strategic customers and a system of over 20 production plants and 100 suppliers across the country.
As the Principal Investment of ITI Fund, Mr. Quang has expressed a deep interest in innovation and dedicated strong commitment to supporting startups in perfecting the production, operation, logistics process, and management organization in the post-investment period
Vo Tuan Kiet
As one of the founding team members of ITI Fund, Mr. Vo Tuan Kiet possesses over five years of work experience in data analysis, assisting the management and supervision of the human resource development process through recruitment and training programs at multinational corporations.
Graduating from Foreign Trade University with a major in International Business, as well as a Master’s Degree in Public Policy – majoring in Policy Analysis from Fulbright University, he possesses outstanding strengths in interdisciplinary knowledge and systematic thinking in both the public and private sectors, proven through his experience as Head of Research and Analysis Department, where he directly advised the corporations‘ the Board of Directors and leaders on long-term improvement and innovation considerations in response to market trends.
As the Investment Principal of ITI Fund, he is mainly responsible for market research, data analysis, and investment valuation, beside his unique role as a strategic advisor and financial planner for startups.
Vu Thi Thuy
With over eight years of experience in managing and operating multi-industry marketing strategies, Ms. Vu Thi Thuy is primarily responsible for building brand image and implementing marketing activities for ITI Fund and startups.
A background Bachelor in Marketing and former experience in communication activities spanning the fields of education, apparel, FMCG, mom & baby, and toys for big brands such as Hotwheel, Tinistore, Dwinguler…, has seen Ms. Thuy successfully coordinating and implementing the Vietnam market entrance campaign of multinational brands such as Uno (Mattel Corporation – USA), Emco (Singapore), Dwinguler (Korea), Banbao (China)… granting her rich experience in both branding, international media, customers and the Vietnamese market insight aspect, based on her aptitude for market approach mindset and trend adaptability.
With an open mindset and a strong focus on promoting creative, breakthrough solutions to workplace issues, she hopes to be able to, together with ITI, accompany startups step by step to access, create and leave their mark on the market.
Nguyen Trong Phu
With 18 years of experience in the information technology industry, Mr. Nguyen Trong Phu is responsible for applying advanced and suitable technology platforms to production, operation, and trade systems, serving as the foundation for future growth with ITI Fund.
At Fujitsu’s branch in Viet Nam – an 87-year-old enterprise with over 500 companies and 170,000 employees globally, Mr. Phu, with his over three years of experience as a Project Manager, is in charge of consulting the implementation of several production and trade software projects at large corporations such as FPT, HPT, …
He is at the same time the founder and currently the General Director of ENMASYS Co., Ltd – a group of experts in consulting, designing, developing, and implementing ERP solutions with over 15 years of experience in SAP; Oracle, Dynamic 365; Fujicocktails, Pronet; Sure ERP; Odoo.
With the position of Technology Team Leader at ITI, Mr. Phu will be responsible for the technical and technological appraisal of enterprises while overlooking startups’ application of software and technology platforms, such as ERP in business management and operation, in the post-investment phase
Tran Thuy Trang
As an Investment Analyst at ITI Fund, Ms. Tran Thuy Trang undertakes the application of data science in the field of digital conversion and risk management for businesses.
She spent two years at the R&A department (Research & Analysis) of a multinational corporation, where her various responsibilities included information collection, research conduct, trend analysis, accordingly assessing the correlation between economic factors, contributing to the investment decision-making process and the company’s expansion of market and business sectors.
Ms. Trang has also been a member of the organizing committee and mentor of various student scientific research competitions, with one of her articles being published in the Proceedings of the National Scientific Conference on Vietnam’s economy in 2020 and prospects for 2021: “Responding to and overcoming the Covid-19 pandemic, towards recovery and development”.
At ITI, Ms. Trang has been dedicating herself to startups’ sustainable development path through optimizing the database management system and business model positioning, helping the company identify, assess risks and implement strategies to most effectively utilize resources, optimizing the business’s profit margin
Nguyen Thi Tuyet Nhung
With a Bachelor’s Degree in Project Management (Project Governance) and over four years in the human resource industry on top of solid knowledge background, Ms. Nguyen Thi Tuyet Nhung has accumulated tremendous human resource training and development experience in a multinational corporation that has ten representative offices worldwide. Previously, she was also the Production Planner, taking charge of creating and monitoring plan implementation of the group’s factory system stretching from North to South.
Initially a Bachelor in Project Management (Project Governance), she has a solid knowledge base. In the past, she held the Production Planner position, creating and monitoring the plan’s implementation with the group’s factory system stretching from North to South.
Joining ITI Fund as an Investment Specialist, she paves the way for cooperation opportunities between investment funds and startups through a combination of direct surveys and projects’ risk and potentiality assessment, accordingly executing investment strategies and solving potential problems that may arise during the appraisal process.
Vo Thi Mai Huynh
As a Marketing Executive at ITI, Ms. Vo Thi Mai Huynh is in charge of researching markets and businesses, creating appropriate and engaging branding content for the fund and startups, using her four years of accumulated experience.
Her experience includes media units such as Golden Communication Group, GAPIT Communication JSC, etc., and content creation for technology startups such as Trip On Me (a Wildcats Pte. Ltd Venture capital fund) or traditional produce startups such as Khong Tuoc Nguyen fermented shrimp paste.
Her deep interest in communication and sustainable development can also be observed from her activities in non-profit organizations such as AICOVID – a pioneering medical project to identify COVID through cough using artificial intelligence, VietSeeds and VOIS – organizations that help Vietnamese students have equal access to education, Margroup – an extensive marketing research group with over 26 years of establishment and development at the University of Economics Ho Chi Minh City (UEH), Book and Action, Southern branch – a project which owns 147 clubs to spread the reading culture to young people, with over 4,000 members from 26 provinces, where Ms. Huynh held the position of Vice President of Communication for three consecutive years.
Ms. Huynh joined ITI Fund to bring her accumulated knowledge and experience to the table, helping startups spread good values to the community.
- Manufacturing & Retail
- Technology Solutions
If the nipa palm, a tree signature to Southern Vietnam, has only been known previously for its leaves and fruits, Vietnipa has pioneered and has now managed to find a solution for harvesting and commercializing natural nectar successfully; a method referred to as “craft stalk massage”
Nectar as it is, this gracious gift from mother nature has relatively low sugar content (GI = 16.69, suitable for type 2 diabetes patients), is mineral-rich and is a good source of critical amino acids and vitamins, making it a perfect companion in helping the body detox and preventing dangerous diseases.
Furthermore, this solution multiplies the economic value of this signature tree several times compared to traditions of mere leave and fruit harvest, which is limited to only once or twice a year. A hectare of nipa palm trees provides up to 15-20 tons of nectar with very little need for cultivation.
With the passion for efficiently developing native nipa palm resources, simultaneously protecting Can Gio ecology – the world’s Biosphere Reserves (according to UNESCO) and sustainably enhancing Viet Nam’s local delicacies value, ITI Fund has, in September 2022, invested in Vietnipa as a companion and a strategic partner.
Pre-series AFind out more
Benkon is a pioneer in providing “smart” air-conditioning solutions to optimize usage and equipment operation costs.
Built based on the IoTs, with the ability to gather and analyze user behavior data, Benkon’s solution is able to develop customized interventions for both business or household’s energy saving demand.
This Vietnam-made solution is compatible with the vast majority of air-conditioner models available on the global market, manageable via a mobile device’s application.
Since 2022, ITI Fund has been working with the start-up as a lead investor in business development and market-exploring activities.
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ITI Fund invested in the project with the desire to initiate the EDGE-compliant (Excellence in Design for Greater Efficiencies) office building construction trend, a certification system issued by IFC (a member of the World Bank) to certify Green Buildings meeting the following standards: reducing energy consumption, contained water and energy level in buildings’ and trade centers’ construction materials, in over 140 countries around the world including Vietnam.
M Building is honored to be one of the first office buildings in Vietnam to achieve the EDGE Offices Green Building certificate in April 2019.
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Invested in by one of ITI Fund’s founders in 2020, GREENWORLD’s main business activity is the production of green, environmentally friendly fashion products and making good use of local advantages with an aim to exporting to the world, specifically Europe and the US as the first two most potential markets for the brand FASGREAT.
Using recycled poly fabric to create activewear products, Fasgreat calls on everyone’s joint effort to protect the environment by reducing plastic waste. Green World’s future orientation is towards product diversification, with a heavy focus on eco-friendly & recycled products.
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