Doing business today is pretty difficult. A businessman must be a master of all trades just to survive, which is why top business executives in Viet Nam are tending to go on training courses these days.
Huynh Phu Kiet, general director of the property developer Toan Thinh Phat, says he must improve himself every day. He has taken dozens of training courses in order to better run his company and more than 100 employees.
At the moment Kiet is learning the finer points of management, comprehending financial reports, and how to negotiate in English. “It seems there’s always a lack of valuable resources for businessman wanting to keep themselves up to date,” he laments.
Le Trung Thanh, deputy general director of Pepsi Viet Nam, reckons self teaching is very important for executives who are too busy for formal lessons. “I usually scour the internet for reference materials. The world is constantly changing so I have to improve myself every day if I want to catch up,” he confides.
What’s available in terms of formal business training falls well short of the demand. “We have very little to choose from. Our colleges and universities have only a few short courses. As these are for employees, they focus solely on theory,” says the CEO of a private company.