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Masters Of The Universe

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The Perception of the Rich in Vietnam

  • [C]Vietnam
The issue of equality has been raised throughout history. In its various forms, inequality has often given rise to revolutionary ideas and revolutions. So, what could be more natural than to call for greater equality? However, it is necessary to discuss what equality means. Does it only refer to equality before the law and equal opportunities? Or does it mean equal living conditions? In an emerging economy like Vietnam, inequality shows in many places. While most Vietnamese lived in similar economic situations around 1975, this changed drastically after Doi Moi in 1986. The perception of the rich in society is..
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Meet Our Member – Michael Sakkers

Michael Sakkers started Rooster Beers singlehandedly from his living room, in the home he helped build in Can Gio. He made the equipment, he brewed the beer, delivered it and would “shed a tear” whenever he would lose a batch. Like most entrepreneurs, he began with little to no experience. However, he feels that passion and follow-through are more than enough for someone to learn what they need to succeed, with a little help along the way, of course: “The Business Executive Network has been extremely helpful for a creative like myself. I have found others able to help my..
  • Michael Sakkers
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Meet Our Member – Lan Phuong

Lan Phuong Chairwoman, LMP Design Member Since 2019 Lan Phuong has been a member of the Business Executive Network since 2019. Lan Phuong graduated with a Master of Business Administration from the University of Economics in Ho Chi Minh City and began her career in the oil and gas industry as well as the real estate market. In 2015, Lan Phuong was awarded the title of Miss Business Vietnam. Today, she is the Chairwoman of the Board of Directors for LMP Design and through her discovered passion for creating beautiful and valuable homes, hotels, buildings, and office spaces, she aspires..
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What Will Be Your Company’s Sustainability Legacy in 2022?

By Tim Bishop, Chairman - Coracle Consulting Saigon is gearing up to see in the Year of the Water Tiger, and at Coracle Consulting, we find ourselves reflecting on what will be our 11th Tet. On the heels of this protracted pandemic, we are all united in hoping that 2022 will mark a change for the better – whether in our personal lives or our business ones. The Water Tiger conveniently symbolizes “stability” for business and celebrates “self-esteem.” As business leaders, both of these characteristics are ones to which we aspire. Here in Vietnam, there remain millions of local communities..
  • [C]Vietnam
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Deciding On The Right International School For Your Child Can Be Tricky

By Michael Tatarski The quality of the teachers, the curriculum, extracurricular activities, school facilities — these are just a few of the factors that prospective parents and students consider when selecting the next step on an educational journey. The Australian International School (AIS) in Ho Chi Minh City understands how important these decisions are. That is why it works hard to deliver a high-quality, international education for all of its students. Davina McCarthy, Executive Principal of AIS, said: “Our vision is very much about offering a world-class education for local families. "Many of the fully-qualified, experienced teachers at AIS are..
  • [C]Vietnam
Room in a loft style. There are light and dark tables, light and dark chairs. There is stand for office supplies between light tables. Above them hang large lamps with artificial leaves. A few laptops are on the table. On the right there is a wall with world map on it. On the left there is an ornamental wooden partition. At the top you can see the communications, lamps, speakers and a projector. Also at the end of the room there are doors. Place for coworking.

Refresh, Relocate or Remove: Making The Best Workspace Decision For Your Business

Before the pandemic many companies were already seeking ways to innovate their workspaces. In the ongoing war for talent, employers were starting to acknowledge that younger generations, millennials and Gen Z, needed more. Hot desking, home working and flexible zones were on the rise. Meanwhile social media, smart phones and collaborative technology had been improving rapidly, becoming more reliable, threatening to seismically disrupt traditional working patterns. The pandemic magnified these trends almost overnight, employee expectations and business operations were challenged like never before. ENTICING TALENT WITH A MODERN WORKSPACE When younger employees search for work, they typically request flexible or..
  • [C]Vietnam
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Masters Of The Universe: The Mindset of a CEO

By Selene Alcock “On Wall Street he and a few others - how many? - three hundred, four hundred, five hundred? - had become precisely that… Masters of the Universe.”Tom Wolfe, The Bonfire of the Vanities Household name and Co-Founder of Apple, Steve Jobs is synonymous with success, leadership, and vision. Some cite him as the greatest CEO of all time. He championed out-of-the-box thinking. He inspired generations and revolutionized the world with everything ‘I’. But others saw a darker side: the control freak, the manipulator. Mike Slade, Strategic Advisor to Jobs from 1998 to 2004, said of him, “If..
  • [C]Vietnam
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Eyeing Bankruptcy Around the Corner?

In the wake of the global Covid-19 pandemic, economies worldwide are struggling to survive, even with strong government support. Vietnam is no exception, and many enterprises are at the end of their rope, unable to continue suffering losses while struggling to find revenue. Bankruptcy law has not been a popular recourse because of the costs, delays, and uncertainties involved. But while M&A deals have served to replace depleted investors with well-capitalized ones, looking forward, it is likely that in some cases, the only way out will be through bankruptcy. According to a survey by the Private Economic Development Research Board..
  • [C]Vietnam
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The Perception of the Rich in Vietnam

The issue of equality has been raised throughout history. In its various forms, inequality has often given rise to revolutionary ideas and revolutions. So, what could be more natural than to call for greater equality? However, it is necessary to discuss what equality means. Does it only refer to equality before the law and equal opportunities? Or does it mean equal living conditions? In an emerging economy like Vietnam, inequality shows in many places. While most Vietnamese lived in similar economic situations around 1975, this changed drastically after Doi Moi in 1986. The perception of the rich in society is..
  • [C]Vietnam
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Maintaining a Strong Corporate Culture Remotely

Despite the majority of MNCs in Vietnam encouraging people to work from home since the Covid-19 outbreak, it is still relatively new to us here. This has meant that leaders have had to get creative and learn quickly to ensure that their corporate culture doesn’t suffer. In the office, in practical terms, it’s easier to have face-to-face meetings to discuss something, and leaders have more hands-on control. But with employees working remotely, it’s harder to measure performance, so many organizations are using technology, competency frameworks, and KPIs to analyze performance and productivity. It’s essential to empower employees too, so at..
  • [C]Vietnam
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A Healthy Executive is Good for Business

A bad diet kills, lack of regular exercise kills, stress kills, and lack of proper sleep kills. It is amazing that anybody with a responsible job is still alive! But, optimizing your health helps everything in your life, including your business. The flip side of these risks is your health span: a long, productive life with minimal chronic illnesses or early death. So, wellness is about your personal risk management. A healthy life is holistic. All those areas are interconnected, and the sum is you. So, let’s take them apart: Diet: We all know about junk food, including instant noodles,..
  • [C]Vietnam
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Protect Your Wealth

There are two components with any wealth management strategy; growing your assets and protecting them. Many financial advisors focus on the growth side while ignoring the protection side. But what good is accumulating wealth if you cannot protect it? Protection can be done by: 1) Investment strategy changes – adjust your holdings, diversify and reduce volatility; 2) Insurance: health insurance, life insurance, critical illness insurance. We’ll focus on the second, using critical illness insurance as a key component of your wealth management strategy. WHAT IS IT? Critical illness insurance pays you a lump sum benefit in the event of a..
  • [C]Vietnam
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