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Mentoring in Viet Nam: 2020
Tran Tri Dung; vebimo@gmail.com
Hanoi, 26 November 2020
As mentoring service becomes a key component of innovation and entrepreneurship
support programs - such as competitions, incubation and acceleration programs – the
number of mentoring programs keeps increasing.
Who are the mentors?
Investors,
11%
Managers,
35%
11%
Business
Champions,
8%
24%
11%
2016
6% 8%
Researchers &
Lecturers, 41%
16%
Professional
Consultants,
29%
-
2020
2020 in comparison to 2016:
+ More Business Champions
+ More Researchers and Lecturers
- Less Managers
30% of mentors started the first mentoring
sessions have not yet attended any training on
innovation, entrepreneurship, and mentoring
relationships
Motivations of Mentors
Financial
benefits, 6%
Payback to
community
40%
Access to
new ideas,
34%
Others
20%
2016
Financial
benefits, 8%
Payback to
community
42%
Access to
new ideas
29%
Investment
Opportunity
19%
Others
2%
2020
Payback to Community
#GiveFirst
Challenges that mentors are facing
1. Lack of founders/mentees’
commitments to implementation
2. Lack of support from mentoring
programs
3. Founders/mentees want advice and
solutions beyond the mentors’
domain and expertise
4. Personality of founders/mentees is
unfit
42% of surveyed
entrepreneurship support
organizations need support
on capacity building for the
managers and coordinators
of mentoring programs
1. Capacity building for managers
and coordinators of mentoring
programs
2. Guidance/Manual for
mentoring programs.
3. Database of mentors and
experts
No mentoring
service, 18.20%
No mentoring
service & planing
to introduce
mentoring
service, 18.20%
Separate
mentoring
sessions/events
only, 15.20%
Long-term
mentoring services
(> 3 months),
39.40%
Short-term mentoring
services (< 3 months),
9.10%
Mentoring Service in Entrepreneurship Support Organizations
Viet Nam, 2020
Entrepreneurship Support
Organizations need
All surveyed mentors and founders are
willing to have more than 3 months
mentoring relationships.
Thank you
very much
Developing a community of
mentors is not just an effort to
provide entrepreneurs and
startup founders with an
impactful service. It is to plant a
seed of the culture value of being
faithful to do the good deeds.
 159 respondents who are founders,
mentors, and managers of ESOs in Viet
Nam have contributed into 2020 Survey.
 There were 76 respondents in 2016
Survey

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Mentoring in Viet Nam: 2020

  • 1. Mentoring in Viet Nam: 2020 Tran Tri Dung; vebimo@gmail.com Hanoi, 26 November 2020
  • 2. As mentoring service becomes a key component of innovation and entrepreneurship support programs - such as competitions, incubation and acceleration programs – the number of mentoring programs keeps increasing.
  • 3. Who are the mentors? Investors, 11% Managers, 35% 11% Business Champions, 8% 24% 11% 2016 6% 8% Researchers & Lecturers, 41% 16% Professional Consultants, 29% - 2020 2020 in comparison to 2016: + More Business Champions + More Researchers and Lecturers - Less Managers 30% of mentors started the first mentoring sessions have not yet attended any training on innovation, entrepreneurship, and mentoring relationships
  • 4. Motivations of Mentors Financial benefits, 6% Payback to community 40% Access to new ideas, 34% Others 20% 2016 Financial benefits, 8% Payback to community 42% Access to new ideas 29% Investment Opportunity 19% Others 2% 2020 Payback to Community #GiveFirst
  • 5. Challenges that mentors are facing 1. Lack of founders/mentees’ commitments to implementation 2. Lack of support from mentoring programs 3. Founders/mentees want advice and solutions beyond the mentors’ domain and expertise 4. Personality of founders/mentees is unfit 42% of surveyed entrepreneurship support organizations need support on capacity building for the managers and coordinators of mentoring programs
  • 6. 1. Capacity building for managers and coordinators of mentoring programs 2. Guidance/Manual for mentoring programs. 3. Database of mentors and experts No mentoring service, 18.20% No mentoring service & planing to introduce mentoring service, 18.20% Separate mentoring sessions/events only, 15.20% Long-term mentoring services (> 3 months), 39.40% Short-term mentoring services (< 3 months), 9.10% Mentoring Service in Entrepreneurship Support Organizations Viet Nam, 2020 Entrepreneurship Support Organizations need All surveyed mentors and founders are willing to have more than 3 months mentoring relationships.
  • 7. Thank you very much Developing a community of mentors is not just an effort to provide entrepreneurs and startup founders with an impactful service. It is to plant a seed of the culture value of being faithful to do the good deeds.  159 respondents who are founders, mentors, and managers of ESOs in Viet Nam have contributed into 2020 Survey.  There were 76 respondents in 2016 Survey