Lam Gia Vu from the Christian Academy of Western New York and Ngo Le Hoang My from Nguyen Thuong Hien High School, Juliet Bao Ngoc Doling and Tran Anh Khoa of The Western Australian International School System, and Vu Hong Anh and Chu Ngoc Anh of Luong The Vinh High School were all selected as the winners of Vietnam International Trade Challenge.
They will advance to the Asia-Pacific ITC finals in Singapore occurring August 20 to 24, 2017.
The ITC program is designed to introduce the fundamentals of global trade to aspiring young entrepreneurs, providing them with a solid foundation to build their future careers in business.
To help Vietnamese students prepare for the intensive selection process, workshops were conducted to guide them in developing their business plans and enhance presentation skills.
This year, the finalist teams presented market entry strategy plans on a technology product that addresses a school-related issue in the Republic of Korea to a judging panel of FedEx and Junior Achievement representatives.
The winning Vietnam teams will join this year’s regional finals that will feature a notable change from the previous competition format.
To promote cross-cultural collaboration, finalists will not be competing in the same groups, but will instead go through a random shuffle to form a mixed team of two team members from different countries.
Beyond becoming a trend, the rapid growth of startups has served as an inspiration to aspiring young entrepreneurs in Vietnam, said Thang Dao, senior manager of Indochina and country manager of FedEx Vietnam.
We are proud to support a valuable platform like the ITC program as it provides students with the fundamentals of business to help propel their entrepreneurial aspirations.
Since 2012, over 1200 Vietnamese students have learned about the basics of business and international trade in a practical way through the International Trade Challenge, said Nguyen Duy Hoai, executive director of Junior Achievement Vietnam.
Through our collaboration with FedEx, we look forward to continuing equipping would-be Vietnamese entrepreneurs with knowledge they can build on to succeed in international trade.