The event also featured speakers who are famous experts in the New Economy community in Vietnam such as Mr. Tim Evans (CEO at HSBC Vietnam), Mr. Jared Smith (Global Business Director in charge of Enterprise Division, Global Payment Solutions Division, HSBC Group), Ms. Phuong Tran (Head of Financial Services Industries, Amazon Web Services Vietnam), Mr. Son Nguyen (CEO & Founder at DatBike), and Mr. Trung Hoang (Partner at VinaCapital Ventures).
The discussion stems from the fact that Vietnam is increasingly known as a new economy with many impressive growth achievements. This new economy is driven by many innovations, technological developments, and promising businesses, including the following five main areas of focus: e-Commerce, Transport & Food, Online Travel, Online platforms, and Financial Services. In 2021, Vietnam witnessed many economic achievements such as the total economic value reaching 21 billion USD, contributing to 5% of GDP growth, an increase of 7 times since 2015.
To clarify the above development, Ms. Ngan Le and the speakers shared about the main factors leading to the emergence of a new economy in Vietnam, including market-oriented policies from the government, a number of promising new fields such as e-commerce, finance, renewable energy, and biotechnology. The discussion also mentioned the challenges and investment opportunities of investors and startups. At the end of the event, the speakers also raised expectations about the future prospects for Vietnam's new economy.
ThinkZoneVentures is honored to share the perspective from an investor at the useful discussion of the Thriving in Vietnam'sNewEconomy event, and looks forward to many other activities accompanying HSBC Vietnam to connect and support startups to develop and grow in this new economic ecosystem.