Tinhvan Group

What Tinhvan Group does

Tinhvan Group (Công ty Cổ phần Tinh Vân) is a Vietnamese IT company founded in 1994 and headquartered in Hanoi, operating a multi-subsidiary structure that delivers packaged software products, IT consulting and implementation services, and offshore software outsourcing. The group employs 251-500 staff across at least three vertically aligned business units: Tinhvan Solutions (TVS) for government and banking; Tinhvan Consulting (TVC) for ERP and HRM implementation; Tinhvan Education (TVE) for educational technology; plus Tinhvan Software (TSO) and Tinhvan Japan (TVJ) for offshore software outsourcing into US, German, Singapore and Japanese clients. Core proprietary products include HiStaff (a 700-plus function HRM with eight modules), Libol (digital library built on MARC 21/AACR-2/ISBD standards, deployed at 100+ institutions), TViS (Oracle/Microsoft/IBM-based portal solution), Foldio (SharePoint-based document and dossier management), eFile (archiving), Qualita (asset management), and Classbook (eBook publishing platform). The company is ISO 9001, ISO 27001, and CMMi Level 3 certified, has accumulated seven Sao Khue Awards including a 2024 award for its Kitano internal audit product, and lists Vietnam's National Assembly, Ministry of Finance, State Bank of Vietnam, Vietcombank, Techcombank, Honda Vietnam, Hyundai Kefico, Vinamilk, and Hanoi National University among its named customers.

The group earns revenue across five distinct streams: software licensing for packaged products, professional services for ERP/HRM/CRM implementation, offshore and onshore software outsourcing and BPO, online advertising through its Xalo platform, and system integration. Pricing is predominantly quote-based and not publicly disclosed; online advertising packages include monthly subscriptions and CPM/CPC usage-based options. Distribution is led by direct enterprise field sales, with each subsidiary addressing a defined vertical, supplemented by a self-serve consumer channel via Classbook.vn for K-12 digital textbooks and by partnership-based distribution for content (Kim Dong, Tre, NTT Solmare) and digital distribution (Viettel, Mobifone, Vinaphone). Recent corporate moves have emphasized product expansion (Kitano internal audit in 2024, HiFACE+ facial recognition, MK e-ID citizen identification in 2023) and international partnerships with Magic Software Japan, Lancs Net, Contour, and Alpha Books.

Tinhvan targets a domestic-first customer base concentrated in Vietnamese government ministries and state-owned enterprises, alongside banking, education, and large private-sector accounts, with offshore services extending to Japan (including Tinhvan Japan JSC), the United States, Germany, and Singapore. Its competitive position rests on regulatory localization for Vietnamese public-sector workflows, three decades of proprietary product investment, mature delivery certifications, and entrenched relationships with senior decision-makers in ministries and large banks.

Name

Tinhvan Group

Legal name

Công ty Cổ phần Tinh Vân (Tinhvan Group JSC)

Website

https://tinhvan.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

251–500 employees

Short description

Tinhvan Group is a Hanoi-headquartered Vietnamese IT company founded in 1994 that develops and licenses proprietary enterprise software (HiStaff HRM, Libol library, TViS portal, Foldio documents, Classbook e-books) and provides software outsourcing and IT consulting, primarily serving Vietnamese government agencies, banks, enterprises, and educational institutions, with offshore services to Japan, the US, Germany, and Singapore.

Ownership category

akta.pro rank

Product category

Enterprise Software & IT Services

NAICS

Custom Computer Programming Services (541511), Software Publishers (5132), Management Consulting Services (54161)

SIC

Services-Computer Programming Services (7371), Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Captive/Global In-House Center (GIC) Setup & Managed Services (BPAEAMAK)

akta.pro secondary industries

Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO), DevOps Consulting & Transformation (BPAEAKAA)

Keywords

• Enterprise software solutions
• Software outsourcing services
• Government IT systems
• Human resource management software
• Education technology platforms

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Software Licensing: Revenue from packaged software products including Libol, eFile, HiStaff, TViS, Foldio, Qualita, and education solutions like Classbook and Clever. Both perpetual licenses and subscription models.
2. Professional Services - ERP/HRM Implementation: Consulting and implementation services for ERP, HRM, CRM solutions. Tinhvan Consulting provides strategic IT consultancy, implementation monitoring, and specialized solutions for banking and securities sectors.
3. Software Outsourcing & BPO: Offshore and onshore outsourcing services including mobile application development, custom software development, testing services, and legacy system migration. Services provided to international clients from US, Germany, Singapore, Japan.
4. Online Advertising & Mobile Marketing: Xalo platform provides online advertising services including banner ads, CPM/CPC advertising, and SMS marketing services. Multiple advertising packages with different pricing models.
5. System Integration Services: Professional system integration services including server and storage solutions, data solutions, network solutions, unified communication, and information security services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Tinhvan Group develops, licenses, and supports proprietary packaged enterprise software products and provides software outsourcing and IT consulting services. Its offerings span HR management (HiStaff), library management (Libol), document and archiving (Foldio, eFile), government portals (TViS), asset management (Qualita), education technology (Classbook, Clever, OmegaTest), facial recognition (HiFACE+), and internal audit (Kitano), delivered alongside ERP/HRM consulting and offshore software development through wholly-owned subsidiaries.

Product overview

Tinhvan Group is a Vietnamese IT company offering a diverse portfolio of software products and solutions organized into distinct business units. The core products include: (1) Library and Document Management solutions: Libol (digital library), eFile (archiving), and Foldio (document management); (2) Enterprise Management: HiStaff (HRM), Qualita (asset management), and TViS (portal); (3) Education Technology: Classbook (eBook platform), Clever (e-learning), OmegaTest (online testing), and Thiquocgia.vn (exam preparation); (4) Government & Banking Solutions: TVS provides AML, BI, and portal solutions; (5) Software Outsourcing: TSO offers custom development, mobile solutions, testing, and Blockchain/Data Science services. The products are distributed across subsidiary companies (TSO, TVC, TVS, TVE) operating under the unified Tinhvan Group umbrella, with HiStaff, Libol, TViS, and Classbook being the flagship products receiving multiple Sao Khue awards.

Differentiator

Problem solved

Functional benefit

Brands

• TSO: Software outsourcing brand of Tinhvan Group
• TVC
• TVS
• TVE
• TVJ

Products and services

• Libol Digital Library Electronic and digital library management software supporting MARC 21, AACR-2, and ISBD bibliographic standards. Integrates with barcode, magnetic tape, and RFID, and operates on a cloud computing platform. Used by public libraries, university libraries, school libraries, and information centers.
• HiStaff Human Resource Management Human Capital Management solution for medium-to-large enterprises in Vietnam with 8 main modules and 700+ functions covering payroll, time management, recruitment, training, performance management, organizational management, and a mobile platform. Integrates with ERP and Core-banking systems.
• TViS Portal Integrated portal software built on Oracle Portal, Microsoft, and IBM platforms enabling quick development of professional Internet/Intranet portals with e-Government and public services integration capabilities.
• Foldio Document and Dossier Management Document and dossier management software built on Microsoft SharePoint that computerizes document management and customer working profile management, with electronic signatures and multi-level authorization. Integrates with Portal, SMS, Email, Chat, Teleconference, RSS, Forum, and Polling.
• eFile Archiving Management Archiving management solution that computerizes overall operation of archiving management. The first integrated archiving software in Vietnam, featuring document digitization with over 90% accuracy and integration with Libol and Foldio.
• Qualita Asset Management Asset management software with modules corresponding to the main stages of the asset management functional process, designed in accordance with Vietnamese government regulations on decentralized asset management. Integrates with LDAP, AD, GIS, and BARCODE.
• Clever E-Learning Platform E-learning and micro-learning solution built on the Moodle open-source platform. Supports SCORM, IMS, and IEEE standards and exchanges data with HRM, CRM, and ERP systems via standard XML format.
• OmegaTest Online Testing Online test management solution covering the full process from question bank management to test administration, result grading, and reports. Complies with Vietnamese Ministry of Education testing standards and eLearning standards (SCORM, IMS, IEEE).
• eForm Workflow Automation Workflow automation software serving as the electronic version of paper forms for online public services and data collection in standard format.
• Classbook eBook Platform End-to-end eBook publishing and distributing platform for publishers covering editing, packaging, online bookstore, and reading applications on Windows, iOS, and Android. Supports PDF and ePub formats with multimedia enrichment and online payment gateway integration.
• HiFACE+ Facial Recognition Solution AI-based facial recognition and body temperature measurement solution for access control and epidemic prevention. Designed for installation in supermarkets, buildings, enterprises, factories, schools, hotels, stations, and airports. Deployed at EVN SPC for access control.
• Kitano Internal Audit Management Internal audit management software solution by Tinh Van that received the Sao Khue Prize 2024 for innovation in audit management.
• Tinhvan Software (TSO) Outsourcing Services Software outsourcing services including mobile solutions, custom software development, testing services, and legacy system migration, with expertise in Data Science and Blockchain technologies. Targets international clients in the US, Germany, Singapore, and Japan with a reported 95% project success rate.
• Tinhvan Consulting (TVC) Implementation Services ERP, HRM, and CRM implementation consultancy services with HiStaff as the main HRM product. Provides strategic IT consultancy, implementation monitoring, and specialized solutions for banking and securities sectors.
• System Integration Services Professional system integration services including server and storage solutions, data solutions, network solutions, unified communication, and information security services.

Quantifiable outcome

• 95% project success rate for international outsourcing projects
• +3 more outcomes

Named customers16 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

AI capability4 records

Feature5 records

Partnerships

13 partnerships are on record, tiered strategic, minor and core.

• Alpha BooksstrategicStrategic or Co-development Partner · 13 September 2025Partnership to develop comprehensive solutions for next-generation library model in Vietnam. Combined expertise in digital library and publishing technology.
• Magic Software JapanstrategicStrategic or Co-development Partner · 1 August 2024Partnership to provide services utilizing Vietnamese human resources in Japan market. Joint service delivery combining Magic Software Japan's solutions with Tinhvan's offshore development capabilities.
• TISminorGTM or Marketing Partner · 31 July 2023NFT marketing partnership applying blockchain/NFT technology in marketing campaigns. TIS, SushiTop, and Biblio Cafe collaborated on NFT marketing initiatives.
• Lancs NetstrategicStrategic or Co-development Partner · 6 June 2023Strategic partnership agreement signed in June 2023 for technology and business collaboration.
• MK GroupstrategicStrategic or Co-development Partner · 15 February 2023Investment and strategic cooperation agreement signed with MK Group for Tinhvan Software (TSO). Strategic partnership for growth and expansion.
• ContourstrategicStrategic or Co-development Partner · 29 September 2021Partnership to drive digitization of trade finance in Vietnam. Contour is a global digital trade finance network.
• GotadiminorGTM or Marketing Partner · 28 September 2020Strategic cooperation between Gotadi Travel Technologies and Tinhvan Consulting. Cooperation in travel technology, mutual product promotion on platforms, and use of Gotadi online solution by Tinhvan.
• OraclecoreTechnology or IntegrationTechnology partner providing database and enterprise software platforms for Tinhvan's solutions including TViS portal built on Oracle Portal platform.
• MicrosoftcoreTechnology or IntegrationTechnology partner providing development platforms. Foldio document management built on Microsoft SharePoint. TViS portal includes Microsoft platforms.
• IBMcoreTechnology or IntegrationTechnology partner providing platforms for Tinhvan's enterprise solutions including TViS portal and banking solutions.
• ViettelminorChannel Partner/ Reseller/ DistributorTelecommunications partner providing mobile services and distribution channel for Tinhvan's mobile and SMS marketing services.
• MobifoneminorChannel Partner/ Reseller/ DistributorTelecommunications partner providing mobile services for SMS marketing and digital content distribution.
• VinaphoneminorChannel Partner/ Reseller/ DistributorTelecommunications partner for mobile services and content distribution.

Scale indicators7 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• SmartOSC: SmartOSC is a Vietnam-based IT services and software outsourcing company serving enterprise clients across APAC, the US, and Europe. It is a direct competitor to TSO for offshore development and digital transformation engagements.
• KMS Technology: KMS Technology is a Vietnam-headquartered software services company providing offshore development, QA/testing, and digital transformation services to US clients. It competes with TSO for Vietnamese engineering talent and for similar offshore delivery contracts.
• TMA Solutions: TMA Solutions is a Vietnam-headquartered software outsourcing company with comparable offshore delivery to US, European, and Japanese clients. It competes directly with Tinhvan Software (TSO) for engineering talent in Ho Chi Minh City and for offshore development contracts.
• Viettel Solutions (Viettel IT): Viettel Solutions is the IT services arm of state-owned Viettel, offering e-government, ERP, banking, and defense software solutions in Vietnam. It is one of Tinhvan's closest direct competitors in the Vietnamese government and banking verticals where Tinhvan has its deepest customer relationships.
• FPT Software: FPT Software is Vietnam's largest IT services and outsourcing company, offering software outsourcing, ERP implementation, and digital transformation to global and domestic enterprise clients. It is the most direct competitor to Tinhvan's TSO outsourcing arm and competes head-to-head for the same Vietnamese government and banking RFPs.
• Rikkeisoft: Rikkeisoft is a Vietnamese IT outsourcing and software development firm with a strong focus on the Japanese market. It is one of the most direct competitors to TSO/TVJ for Japan-bound offshore development contracts.
• MISA JSC: MISA is one of Vietnam's leading domestic software publishers with deep penetration in accounting, ERP, and SME business software. It competes with Tinhvan's packaged products (HiStaff, Qualita, eFile) in the Vietnamese enterprise and SME segments and represents a meaningful direct competitor for domestic market share.
• VNPT-IT: VNPT-IT is the IT subsidiary of Vietnam Posts and Telecommunications Group, providing government software, digital transformation, and enterprise IT services. It competes with Tinhvan for Vietnamese public-sector contracts and offers comparable ERP and e-government capabilities.

Broad incumbents

• Oracle Vietnam: Oracle is both a technology partner (TViS Portal is built on Oracle Portal) and a broad incumbent in Vietnamese enterprise and government software. It competes with Tinhvan at the platform layer while also being a core dependency for Tinhvan's government solutions portfolio.
• SAP Vietnam: SAP is the global ERP incumbent whose platforms Tinhvan Consulting (TVC) integrates, customizes, and implements. As a broader incumbent, SAP competes with Tinhvan's enterprise application services at the platform layer, while also serving as a complementary partner for TVC's HiStaff/ERP implementation work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TinhvanGroup
• Facebookfacebook.com/TinhvanGroup
• LinkedInlinkedin.com/company/tinhvan-group

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tinhvan Group