Forbes Asia’s Top 100 to Watch

Forbes’ “100 to Watch” list includes 100 SMEs and startups in various fields. The four sectors that recorded the most were biotechnology and healthcare; e-commerce and retail; education and recruitment; food and hotels. These companies have made tremendous progress, making a significant impact despite challenges from the COVID-19 pandemic. Many companies are chosen from their ability to solve critical problems with innovative solutions.

The eligibility criteria is that the business must have the head office in Asia – Pacific. These businesses must be at least one year old, privately owned, and operated for profit. These businesses must have the latest annual turnover or total capital not exceeding $20 million by August 1, 2021. Shortlisted businesses solve problems such as improving traffic, expanding connections, stabilizing prices in remote areas, and preventing food waste. In this list, four Vietnamese businesses have been named. Logivan, Loship, Med247, and Hoozing are all applying technology in their operations. All four startups use apps to connect users with service providers.

Vietnam’s four representatives

Loship aims to become the leading 1h delivery e-commerce company in Vietnam. Loship serves all transportation needs in people’s daily lives. Loship’s platform meets the needs of moving, delivering food, food, necessities, transporting goods, etc. Hoozing is a proptech startup that gives users a tool to calculate prices, pay online, speed up sales, and give to rent. On the Hoozing app, the apartment image is taken by Hoozing, applying virtual reality 3D imaging technology to help guests visualize the most realistic.

Logivan and Med247 respectively are in Top 4 Batch#1 and Top 13 Batch#2 of SK Startup Fellowship. Logivan belongs to the field of logistics and transportation. This company application helps car owners connect with customers who need to transport goods. Med247 provides patients with a comprehensive medical experience. High-quality clinic system, telemedicine consultation service integrated in the Med247 app. This platform provides 24/7 online and offline medical services. The company raised $1 million to expand its scale through a partnership, with a target of $2 million in revenue by the end of 2021. In the next 5 years, Med247 wants to become a smart, high-quality, reputable family medical brand of the new generation.

Sources of information include Forbes Asia and BSSC.