About HONGTHAI

Headquartered in Ho Chi Minh City, investing in and incubating ventures in Vietnam.

Who we are

HONGTHAI is headquartered in Ho Chi Minh City and focused on Vietnam. We research the market in depth, and invest in and incubate ventures in new consumer and applied AI.

In 2024 we turned our attention to Southeast Asia and chose to put down roots in Vietnam. We have dedicated localization marketing and technology teams, and our Vietnam project team is 100% Vietnamese. We also have local teams in Malaysia and Singapore.

Good ventures need more than capital. Our core team has spent years in marketing, operations, systems architecture and product design at established internet platforms. That helps us spot strong products and teams early, and back them with resources, capital and hands-on experience so they can scale faster.

Founder and core team

Founder: Wayne

  • Years of brand marketing and operations management at major internet companies
  • Joined several start-ups early; they went on to list on the NYSE and Nasdaq
  • First solo venture acquired by a leading Chinese social media group
  • Focused on Southeast Asia since 2024, investing in and incubating AI and new-consumer ventures

Core team

  • Marketing and operations at established internet platforms
  • Systems architecture and product experience design
  • Localization marketing and technology teams, executing locally in Vietnam

Track record

Ran China's largest social e-commerce platform; invested in many tech and new-consumer ventures, including top luxury retail and F&B brands in Southeast Asia.

A decade ago, team members were backed by

  • Sequoia Capital ChinaVenture capital
  • Source Code CapitalVenture capital
  • Legend CapitalVenture capital
  • GSR VenturesVenture capital
  • Tencent InvestmentTencent's investment arm

Local teams in three countries

Vietnam is where we invest and incubate.

100%VietnamLocal team100%SingaporeLocal team100%MalaysiaLocal team
Local teams in Vietnam, Malaysia and Singapore, each 100% local.

Three principles

  1. 01

    Every view is sourced

    Each view names its source, year and basis; facts and opinions are kept apart, and projections are not presented as certainties.

  2. 02

    The project, not the passport

    Founders of any nationality are welcome; we look at the project and the team.

  3. 03

    Clear terms before we start

    How we invest, and how far the two capabilities go, are agreed project by project before work begins.

The local Southeast Asian team behind HONGTHAI

In under three minutes: who we are and what we do in Vietnam.

Meet HONGTHAIBrand film · 2 min 51 s · English