Nguyen Hong Truong, deputy head of IDG Ventures Vietnam and one of the founders of Vietnam's start-up community, died on October 22 from a stroke.

IDG Ventures Vietnam Vice President Nguyen Hong Truong

IDG Ventures Vietnam is the first technology venture capital fund in Vietnam and has funded various successful start-up projects including YanTV, Vietnam Communications Corporation and Vat Gia online shopping website.

Before joining IDG Ventures Vietnam, Truong managed the Vietnam Software/ICT Cluster, a nationwide network of ICT CEOs and other stakeholders to promote the development of ICT industry in Vietnam.

While working at IDG Ventures Vietnam, Truong had shared much valuable knowledge and advice to the start-up community. He was still enthusiastic about helping people start their projects and shared many lessons he learned.

He had a bachelor degrees from Hanoi Law University and Hanoi National Economics University and graduated with an MBA degree in Management Information Systems and Computer Resource Management from Webster University.

Truong had also worked at Development Alternatives Inc, J.E. Austin Associates and Procter and Gamble in Vietnam. Besides fostering start-up projects, he was also a member of various associations including Hanoi Bar Association.

Many entrepreneurs in the communication and technology sector, as well as founders of start-up community in Vietnam, have expressed their shock and offered their condolences to Truong's family.

dtinews