THP is a family-owned and family-run company. Feeling part of a big extended, mutually supportive family applies to everyone here: from my mother and father who founded the company to the newest recruits who have just left school and are embarking on their first job. This mindset sometimes comes as a surprise to people when… [Read the full article]
Category: Family Business
Why we should be re-thinking resilience
What do we mean we use the word resilience? It is one of those buzzwords that regularly headlines corporate workshops. Companies spend a lot of money teaching their staff to be more resilient and it is increasingly being taught in schools too. For HR departments, resilience training has become a popular response to well-being surveys… [Read the full article]
Women at Work
At THP, we teach everyone that, “Nothing is Impossible.” It is the very spirit of our company. But unfortunately, it still remains true that when it comes to gender equality, too many women find that there are barriers in place to their advancement. Some of these barriers are visible. A Vietnamese job advertisement may stipulate… [Read the full article]
Why trust matters?
Do we trust the leaders of the companies that we work for? The answer is yes according to Edelman’s most recent annual global Trust Barometer. The public relations firm’s 2022 survey makes reassuring and inspiring reading for company executives like myself. And while the report does not include Vietnam as one of its 28 respondent… [Read the full article]
Mùa Vu Lan – Vietnamese Mother Appreciation Month
If you are lucky enough to be visiting Vietnam this August, you may see a number of people wearing roses on their shirts or blouses. Some will be wearing red roses and some will be wearing white. The different colours signify whether the wearer’s mother is alive (red) or has passed on (white). These flowers… [Read the full article]
The Power of Setting Big Goals
It’s been well-documented from sports to business and everything in between – the practice of visualization can lead to real outcomes of success. The practice of visualization is often associated with big goals that you want to accomplish but need extra motivation and inspiration to achieve them. Visualization is the act of envisioning a particular… [Read the full article]
The Key to Successful Business Succession Planning
Regardless of what area of the world you examine, family-owned businesses are an integral part of the economy and society. Jobs, economic stability, and societal values are supported by these businesses that are built and shared with the communities they serve. Despite the prevalence and importance of these companies however, succession of these businesses from… [Read the full article]
What I’ve Learned Being a Business Tycoon’s Daughter
As a successful business tycoon’s daughter, I’ve grown up seeing and being a part of one of the largest family-owned businesses in Vietnam. Getting a front-row seat to that kind of success has been simultaneously difficult, eye-opening, and humbling, as I have watched my parents build something from nothing. I have always watched in awe… [Read the full article]
5 Lessons I’ve Learned from My Mother – The First Lady of a Multibillion-Dollar Company
The heights THP has reached are attributed to the hard work, persistence, and devotion of not only my father, but my mother as well. It is no secret that my father’s intensity and “toughness” have seen the company through many stages of growth and prosperity. However, with every strategic decision to expand, develop new products… [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]