How Vietnam’s Future is Benefiting from Its “Global” Citizens

Vietnam’s future is becoming increasingly bright; it is a sentiment shared by its people. Pew Research Center found some 88 percent of Vietnamese people polled believe the country is better off than fifty years before.  There is a growing sense of pride and desire to continue the momentum of success by all of its citizens… [Read the full article]

The Importance of Women Leaders as Role Models

I’ve previously discussed the increasing influence of women in the business world and even in Vietnam’s business environment.  The inclusion of women within the highest roles of government, business and cultural organizations is both important and extremely beneficial. Across the world, more and more women are gaining the opportunity to pursue their dreams, whether as… [Read the full article]

Embrace Your Successes and More Importantly, Your Failures

Embrace you successes, and more importantly, your failures. They are antonyms, and yet you generally can’t have one without the other.  This symbiotic relationship between seemingly opposite experiences is as necessary and certain as the sun setting before it rises again.  As Winston Churchill once said, “success consists of going from failure to failure without… [Read the full article]

The Rich Do Not Stay Rich for Three Generations: Know the Risks of Entitlement and How to Combat Them

Wealth is an interesting thing.  Those looking from the outside might assume wealth is easy, that the lifestyle enjoyed by each generation is a given and requires no extra thought or work.  That’s where the average onlooker is wrong. Wealth, or being rich, is not sustainable when future generations do nothing to preserve it.  There… [Read the full article]

Recovering from a PR Nightmare: THP’s Story

It’s easy to think that your company won’t find itself in a PR nightmare. However, that’s a dangerous assumption, especially in today’s social media-driven world. It’s safe to assume your business – no matter how big or small – will face negative attention that will need to be dealt with in an appropriate manner. The… [Read the full article]

Making the Leap to Compete Globally

For many years THP operated successfully at a local level, leveraging the natural skills of its employees to deliver what was wanted in our immediate communities.  However, to grow, my father realized procedurally things would need to evolve. Through further education, my parents learned about International Standard for Organization (ISO) and immediately they knew THP… [Read the full article]

Family Business: Holding Family to the Same Expectations As Everyone Else

Balancing the sensitive and intricate aspects of running a family business is extremely difficult.  For some, the expectation of involving family members in different capacities is a given and for those on the outside there can appear to be a certain level of nepotism.  Perhaps that comes with the territory of trying to create, grow… [Read the full article]

The Potential Pitfalls of Global-Localization

As I have discussed at great length in other articles, a company’s ability to produce locally focused products and services is often a key to its success.  Multinationals know this, which is why for decades, global companies have worked to achieve a local feel in each of the markets they operate in – a phenomenon… [Read the full article]

Seeking Out Win-Win Partnerships

Since the turn of the century, THP has become one of Vietnam’s leading private-sector companies. It has successfully ridden the wave of rising domestic consumption at home and taken its first steps to export abroad. This fast growth should continue, given that disposable incomes are still on a very sharp upward curve. GDP per capita… [Read the full article]