by Business Forum Magazine 18/07/2021, 05:18

Startup advances to next round to compete for  slot in Top 100 at EWC Global Finals in October

Tran Thanh Tung, a startup in Sexuality education & related products with an untapped market, won the first prize at the national finals of the Entrepreneurship World Cup competition held recently in Ha Noi, Viet Nam.

Yeu La Du of Tran Thanh Tung, captured advances to the next round of the global competition against national winners from 200 countries.

"Yeu La Du has validated with followings achievement: Top 1 Community & KOLs in Love & Sex Education, Top 1 Health & Beauty brand on E-Commerce Platform about men's hygiene solutions; our total Reach is 250-300 million per month; our revenue is 1.2mil $/year with 38$ profit,” said Tung.

Tran Thanh Tung is CEO of Yeu La Du. It was first developed in fanpage format (with Mascot Strategy): Yeu La Du. The fanpage was a bomb that spread throughout the online community in Vietnam; it was a success in raising awareness of Love & Sex with 3 cartoon KOLs characters.

In preparation forthe EWC Global Finals, Tran Thanh Tung of Yeu La Du will participate in an acceleration program that features virtual training and one-to-one mentoring targeted to their company’s current stage and growth trajectory.

Tran Thanh Tung emerged victorious from a pool of hundred contestants who applied – each receiving access to free virtual training services and up to $25,000 in perks to help them take their venture to the next level.

Other finalists at EWC Viet Nam included Mr. Tran Thanh Tung from Ho Chi Minh City, a startup in Sexuality education & related products with an untapped market; Ms. Ngo Thuy Anh from Ha Noi capital, CEO of HASU helps take care of elderly people, not only in terms of physical health but also mentor         health and social well-being; Ms. Nguyen Vo from Ho Chi Minh City, a startup that producing biodegradable straws and other utensils from natural grass Lepironia; Ms. Vu Khanh Huyen from Ha Noi, CGO – Founder of AnHome that helps household appliances manufacturers   transform their traditional devices into smart devices only by a small AnHome IoT Kit.

The EWC Vietnam finals 2021 started at 10 AM today online to select the best project to be participated in the EWC 2021 and announce 04 more projects to compete in the ASEAN region.

Judges forthe competition were Dr. DAM QUANG THANG, Chief Judge - Chairman of Vietnam Startup Mentors Alliance, Professional of Innovative Startup; Mr. NGUYEN TIEN TRUNG, Deputy Chairman of Vietnam Startup Mentors Alliance, He is one of the Entrepreneurship and Innovation Advisors of the Vietnam - Finland Innovation Partnership Program (www. Ipp. Vn); Mr. PHAN DINH TUAN ANH, Deputy Chairman of Vietnam Startup Mentors Alliance, He’s One of 12 Innovation Champions ever certified in Vietnam (by Vietnamese & Finnish government)

More than 150,000 contestants from 200 countries entered the Entrepreneurship World Cup. The initiative combines a broad-reaching pitch competition, aimed at ventures ranging from the idea stage to growth stage, with a virtual accelerator      program to help all participants launch, strengthen and scale their enterprises. Global Finalists will face off against one another at the Misk Global Forum in Riyadh, Saudi Arabia in October.

EWC is an initiative led by the Misk Global Forum, Global Entrepreneurship Network and the Global Education and Leadership Foundation with support from a collection of national and global partners, including the GSVlabs and Entrepreneurs’ Organization. 

Mr. Pham Ngoc Tuan, Editor   in Chief of the Business Forum Magazine

The Entrepreneurship World Cup 2021 (EWC), held in Vietnam since 2019, has attracted many young Vietnamese. The Business Forum Magazine under the Vietnam Chamber of Commerce and Industry (VCCI) has been appointed as organizer of the EWC Vietnam competition right from the very beginning.

On behalf of the Organizing Committee of the EWC Vietnam, I would like to congratulate the startups in the EWC Vietnam Finals 2021: Anhome – smart home, GreenJoy, HASU and Yeu La Du. You have excellently passed the Semi-finals to enter this Final round. The final round of the EWC Vietnam selected the best project to be participated in the EWC 2021, while the remaining ones will be in competition in the ASEAN region.

In 2019 and 2020, two projects of the EWC Vietnam entered Top 100 projects of the EWC.

We thank the Organizing Committee of the EWC 2021 for   creating a useful playground to help Vietnamese startups participate in the international competition so as to improve their competitiveness.