Phuong Uyen Tran The first two pieces in this series argued that leadership behavior, not capital, is what decides whether a company adapts, and that the decisions leaders redesign have to travel with real guardrails to earn real trust. Technology is where that argument gets tested hardest. MIT’s most-cited study on the subject, published in… [Read the full article]
Latest Thinking
Building Trust so Decisions Belong Closer to the Work
Phuong Uyen Tran The last piece in this series named leadership behavior, not capital or technology, as the real constraint on how fast a company can adapt. Harvard Business Impact’s own prescription for that constraint has a specific next step: redesign where decisions get made, moving approvals and accountability closer to the work, but only… [Read the full article]
The Courage to Unlearn
Phuong Uyen Tran Eighty percent of business leaders now say operating amid constant, compounding change is essential to the job, according to Harvard Business Impact’s 2026 Global Leadership Study. Yet the same research traces the gap between that belief and real readiness to one specific cause: not capital, not technology, but leadership behavior, with nearly… [Read the full article]
Building Capabilities as a Strategic Move
Phuong Uyen Tran Vietnam’s private sector now makes up 96.6 percent of the country’s more than one million registered businesses, according to the 2025 Vietnam Private Economy Report released by VCCI this year. Yet by the same report, only 8.8 percent of those companies say they have introduced any form of product innovation. There is… [Read the full article]
Walking Forward with the Next Generation
Phuong Uyen Tran At Tân Hiệp Phát, to be of service to our communities is part of our core values but there are certain commitments toward the next generations that carry more than the usual weight. THP holds a special tender spot for children who have been through life-altering experiences like the loss of a… [Read the full article]
Vietnam’s New Resolve
Phuong Uyen Tran In 2025, the World Bank quietly moved Vietnam into a new category: upper-middle-income economy, with gross national income per capita reaching $4,970, up from $3,590 just four years earlier. Crossing that line, as it turns out, is the easy part. Economists have a name for what tends to happen next: the middle-income… [Read the full article]
Built to Walk On
Phuong Uyen Tran At Tan Hiep Phat, we have never measured a company’s character by the comfort it can offer the people around it. We measure it by the strength it helps them discover in themselves. The same, I have come to believe, is true of a person. Circumstances does not decide what someone becomes… [Read the full article]
What Doesn’t Break Us
Phuong Uyen Tran In the first five months of this year, Vietnam attracted $24.8 billion in foreign direct investment — a 34.9 percent increase on the same period last year, and the highest disbursement rate the country has seen in five years. Manufacturing accounts for more than 70 percent of that total. The number is… [Read the full article]
Built for Tough Times
Phuong Uyen Tran When the US-Vietnam trade framework reduced tariffs on Vietnamese goods from 46 percent to 20 percent last year, most analysts focused on export volumes, supply chain rerouting, and which industries stood to gain the most. What drew far less attention was a quieter shift happening inside Vietnam’s companies — in the composition… [Read the full article]
Why Vietnam’s Private Sector Moment Has Finally Arrived
When a government formally declares that private enterprise is “the most important driving force” of its economy, it is worth pausing to understand what that really means. Resolution 68, passed earlier this year, did exactly that — marking a historic shift in how Vietnam’s leadership views the relationship between the state and the businesses that… [Read the full article]
