Mon, Mar 02, 2020, 06:45:00
Navigos Group, the leading human resources service provider in Vietnam, is continuing to reinforce its market position in the country’s online education and recruitment industry, following the successful acquisition of Kyna.vn and KynaBiz.vn, both are well-known brands of Dream Viet Education.

Navigos Group is dedicated to providing both quality and value for its customers
Thuy Trang, a human resources director at a major pharmaceutical company, said that her company has undergone rapid changes over the past three years, partly because of the requirement to improve productivity and governance for the company.
Moreover, investors and foreign shareholders have been putting pressure on the company to make changes. Therefore, Trang’s company has implemented a series of training courses for employees, which put a burden on her shoulder in trying to build them.
Trang has been given much more work to do now, from collecting feedback from employees and leaders to contacting lecturers and organising classes. She realised that she needed a third-party partner experienced to provide training programmes for the company. Such a professional partner could help the company to improve business performance while satisfying the versatile needs of employees, leaders, and stakeholders.
This was also Navigos Group’s goal when acquiring stakes at Kyna.vn and KynaBiz.vn in December.
Dream Viet Education was founded by three young people seven years ago with the view to connect students and teachers through useful online courses. However, like many startups, the founding members quickly felt stuck and desperate as revenue grew slowly.
After years of experimenting, they decided to place emphasis on two key customer segments – employees and parents – while improving quality and tailoring their offers to customers’ demand.
Thanks to these efforts, the startup began to see an improvement in revenue. By the end of 2018, the founding members decided to separate the startup into three independent online projects, Kyna.vn – a learning platform for adults, KynaBiz.vn – e-learning solutions for businesses, and Kynaforkids.vn – a learning platform for children.
After the decision to merge with Navigos Group, founding member Nguyen Thanh Minh said that they spent two years researching, exchanging, and learning about the partner.
The merger is built upon a shared vision of creating value for employees to develop themselves, improve productivity, and enable them to climb up career ladders. “Quality-focused is our philosophy,” Minh stressed.
Navigos Group is pursuing the same principle of quality and value for customers. Gaku Echizenya, CEO of Navigos Group, said that the group wants to support Vietnamese employees to improve knowledge and skills, and become more professional and successful in their careers.
Navigos Group’s strength lies in its extensive experience in recruitment and its understanding of employers and employees. Meanwhile, Dream Viet Education has shown to be strong in developing user-centred online learning platforms. “By leveraging each other’s strengths and capabilities, we can save time and efforts to develop a comprehensive e-learning ecosystem, empowering millions of Vietnamese citizens,” Echizenya stated.
The merger relies on two factors to secure success in the education field. First, it offers many attractive and useful programmes for learners to solve problems and discover valuable insights.
Second, Navigos Group’s extensive experience and understanding to create specialised products and courses for each industry enable the group to support employees with the diverse knowledge and skills for their career advancement.
After nearly seven years of development, Kyna.vn and Kynabiz.vn are offering around 700 courses, attracting tens of thousands of customers. However, the startup behind these platforms also faces some challenges such as how to create more attractive courses and new technology to draw more customers and improve user experience.
The investment of Navigos Group into this startup is expected to complement its shortcomings. With the backup from Navigos Group, Kyna.vn and Kynabiz.vn are expected to offer new products to the market, replicating the impressive success of Navigos’ platforms VietnamWorks and Navigos Search.
Following the acquisition, Nguyen Thanh Minh was officially appointed as the managing director of NLV Training, a subsidiary of Navigos Group including Kyna.vn and Kynabiz.vn. The young teams will contribute to the development of Navigos Group’s education segment in Vietnam and further across the region with their innovative thinking and deep enthusiasm.
As online education has become a popular trend worldwide due to its utility and effectiveness, the tie-up promises to open up vast opportunities for both parties.
