Ms.Truong Ly Hoang Phi

  • Founder, Chairwoman of the Board and CEO of IBP
  • Founder, Director of Strategy of BSSC
  • Vice President of HCMC Young Business Association (YBA)Former General Director of VinTech City, Vingroup

For more than 10 years with the Vietnam startup innovation ecosystem, Ms.Truong Ly Hoang Phi is one of the pioneers and a reliable partner in building and developing support and investment programs for startups and small and medium enterprises (SMEs).

In 2010, she established and developed BSSC – Business Startup Support Center, becoming the leading startup incubator and accelerator in Vietnam and Southeast Asia. BSSC has received many regional and international recognition and awards, especially BSSC is the only representative of Vietnam to receive the ASEAN Social Entrepreneurship Award 2017.

In addition, Ms.Phi not only advises and mentors more than 5,000 startups and SMEs across Vietnam but also participates in investing in startups. She is also the initiator and founder of The Ho Chi Minh City Startup Investment Fund (HSIF), laying the first foundation for the participation and support of the government in the Vietnam startup innovation ecosystem. 

In 2018, she was invited by Vingroup to lead VinTech City with the mission of comprehensively supporting the applied research and technology startup ecosystem in Vietnam following the Silicon Valley model. One of the most prominent programs of VinTech City is VinTech Fund, which is the first private fund to sponsor and support resources to realize high-tech scientific products (deep-tech) has practical application to the market, with funding up to 10 billion VND/project.

After leaving VinTech City, Ms.Phi founded and operated Investment Promotion & Business Support JSC (IBP). IBP is a pioneer in providing design consulting services and implementing open innovation programs for large corporations in Vietnam. IBP also provides investment consulting services to help Vietnamese startups and SMEs grow quickly and sustainably.