Tỷ giá

 Create leverage for development

To invest in a company, one of the main criteria for IDG Ventures is that the manager of that company must have a view and specific strategy for development. The prior fields for IDG’s investments are high technology, in which information technology, internet, communication and biotechnology and other high technologies in the future.

According to IDG Ventures, Vega Software operates in designing software and achieves many successes in developing information products and breakthrough services for online services in Vietnam. Goldsun Focus Media invested by IDG Ventures is evaluated as a leading company in advertisement field, having strategy relation with Focus Media China, the communication company listed on NASDAQ stock market, USA. For Goldsun Focus Media, the investment of IDG Ventures will bring new creations in business strategy. Ms. Trần Thị Lan Thanh, General Director of Goldsun Focus Media, said that: the cooperation between IGD Ventures and Goldsun Focus Media will create breakthroughs in the business operation of the company because through this cooperation, the company can approach not only capital but also modern technology and customers around the world. According to Mr.Le Huu Son, General Director of Vegas Software said that the capital from IDG will be invested to develop digital technology and online advertisement in Vietnam market.

One of the targets of IDG Ventures when invested in these two companies is to create leverage for development of these companies, simultaneously to support these companies to list on stock market. According to Mr. Hugo Shong, Vice chairman of International Data Group (IDG), when IDG invests in a potential company, besides profits another important target is to create more jobs for people. When making decision, venture investors will evaluate the opportunities in the market, the developing opportunities of the country, as well as help to create the best products and services for consumers.

 According to IDG Ventures, there have been 14 investments of this fund in Vietnam companies from 2003 until now. These investments are showing efficiencies, the fund receives around 100 proposals from Vietnam companies to propose for cooperation. Information technology and communication continue to be the prior investments. It is projected that in 2008, IDG Ventures will finish the phase 1 of the first plan with total investment of 300 millions USD. The phase 2 will be started from 2009-2014 with the targeted investment of 1 billions USD in Vietnam