Trung Hoang joined DFJ VinaCapital in 2006, one of Vietnam's first homegrown venture funds, and built a long-term track record there of 3.7x MOIC and 17.2% IRR, including an exit that became one of the most successful IPOs on Vietnam's stock exchange, while also serving as CEO of Quang Dung Group, parent company of Green Feed, and sitting on boards of startups that expanded regionally and later went public locally with returns reported above 100x. He also applies a data and logistics lens to traditional sectors like agriculture, as seen in his investment in Koina, where he pointed to supply-chain improvements and farmer productivity as key ways to create value in what he sees as the backbone of Vietnam's economy.
About their Fund
Sectors
Fintech, Proptech, Logistics, Food & Ag, SaaS
Rounds
Avg Check Size
Notable Investments
VinaCapital Ventures grew out of a 2007 partnership with Draper Fisher Jurvetson, one of the first venture funds in Vietnam, and it still points to that fund's 3.7x return and 17.2% annual return as proof of its early track record. Backed by VinaCapital Group's broader investment platform, it focuses on using technology to fix inefficiencies in traditional Vietnamese industries, invests flexibly across stages with no fixed holding period, and positions itself as the local partner for international investors entering Vietnam's startup market.
Other partners at the fund
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
Rounds
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Links
Deeptech / Hardware
Robotics
Biotech
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12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
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7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
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2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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