Nguyen Van Hiep (Coolmate)
Overview
Nguyen Van Hiep is a Vietnamese technology entrepreneur best known as the co-founder and Chief Technology Officer (CTO) of Coolmate, a prominent direct-to-consumer (D2C) fashion brand in Vietnam. Coolmate caters primarily to the male demographic by offering high-quality, essential apparel items at competitive prices. Hiep's technological expertise has been instrumental in driving Coolmate's online presence and e-commerce capabilities, allowing the brand to disrupt the traditional retail model in Vietnam's fashion industry.
Recent Developments
In recent years, Nguyen Van Hiep and Coolmate have achieved significant milestones, underscoring their growing influence in the fashion e-commerce sector:
- January 2025: Coolmate took on the role of diamond sponsor for the VPBank Hanoi International Marathon, providing official running attire for participants. This partnership reflects Coolmate’s commitment to expanding its presence in the sports apparel sector by supporting Vietnamese athletic events source.
- End of 2024: Coolmate's successful Series B funding round culminated in a $6 million investment, propelling its expansion goals in the Southeast Asian and US markets source.
- 2024: Throughout the year, Coolmate sold approximately 1.7 million pairs of men's undergarments, cementing its position as a leading player in the men's basics category and setting sights on unicorn status by 2030 source.
- 2023: The brand reported an impressive 80-fold increase in revenue since its inception, projecting a turnover of 400 billion VND by the year-end. This growth trajectory highlights Coolmate's scalability and successful market penetration strategies source.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Nguyen Van Hiep |
| Born | Information not publicly available |
| Nationality | Vietnamese |
| Occupation | Chief Technology Officer, Co-founder |
| Known For | Coolmate |
| Net Worth | Information not publicly disclosed |
| Education | Not specified in public records |
Early Life and Education
Details about Nguyen Van Hiep’s early life and formal education remain largely unrevealed in public documentation. However, it is clear from his career trajectory that he has a profound understanding of technology and business dynamics, instrumental in establishing and scaling a tech-driven brand like Coolmate. His foundational knowledge and practical experience in technology have been pivotal in orchestrating the digital and operational strategies for Coolmate.
Career and Notable Achievements
Nguyen Van Hiep's career milestones are tightly interwoven with the growth and evolution of Coolmate:
- Co-founding Coolmate (2019): Together with Pham Chi Nhu and Nguyen Hoai Xuan Lan, Hiep launched Coolmate with an innovative D2C model. They aimed to provide Vietnamese men with quality apparel at affordable prices by capitalizing on Vietnam’s textile manufacturing strength source.
- Technological Leadership: As CTO, Hiep was instrumental in building Coolmate’s e-commerce infrastructure from scratch. This platform empowers the brand with unique size-fitting solutions and robust data analysis capabilities to refine customer experiences source.
- Series of Successful Funding rounds: Coolmate attracted multiple rounds of funding, including a notable Series B investment in late 2024, affirming investor confidence in the brand’s trajectory source.
Current Work and Impact
Nguyen Van Hiep continues to lead Coolmate's technological strategies, focusing on furthering e-commerce capabilities and enhancing consumer satisfaction. His current initiatives emphasize sustainability and increased market penetration in Southeast Asia and North America. His influence extends beyond business metrics; by building a brand that defies traditional retail, Hiep is reshaping Vietnam's fashion landscape and setting standards for aspiring entrepreneurs.
Conclusion
Nguyen Van Hiep is a pivotal figure in Vietnam's burgeoning startup ecosystem, leveraging his tech-savvy background to build a robust D2C fashion platform that resonates with modern consumers. His commitment to technological innovation and consumer satisfaction has not only fueled Coolmate's rapid ascent but also positions him as a trailblazer for future entrepreneurial ventures within the region. As Coolmate continues to break new ground, Hiep’s contributions will likely leave a lasting legacy in Vietnam's e-commerce and fashion sectors.