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Listen and subscribe to “Vietnam Innovators” in Vietnamese: Apple Podcasts | Spotify | Google Podcasts | YouTube.
In the first episode of the fifth season of Vietnam Innovators, hosted by Hao Tran, Luke Treloar, Partner at KPMG Vietnam, provided profound insights into Vietnam’s evolving business landscape.
Luke kicked off by shining a spotlight on Vietnam’s surging importance as a top pick for global corporations eyeing entry into vibrant markets. Drawing parallels to China’s post-Olympics surge, he emphasized Vietnam’s allure, driven by its burgeoning middle class, strategic location, and welcoming business environment.
Tackling the hurdles tied to the shift from middle-income to aging demographics, Luke stressed the crucial juncture for accelerated growth amidst geopolitical shifts. He urged companies to embed themselves in the global supply chain and nurture local talent, fortifying for long-term triumph.
Navigating the complexities of team building in Vietnam’s healthcare realm, Luke underscored the balance between promptness and sustainability, championing investment in local talent for enduring prosperity. He highlighted Vietnam’s potential as a hotspot for healthcare innovation, powered by its substantial and relatively untapped population.
Diving into Vietnam’s potential in pharmaceutical research, Luke outlined the government’s strides to bolster healthcare infrastructure and attract foreign investment. With adept management and streamlined regulations, Vietnam could emerge as a regional leader in healthcare innovation.
Looking ahead, Luke pinpointed healthcare, consumer markets, manufacturing, and financial services as pivotal sectors poised for significant expansion. He emphasized the urgency of digitalization and adaptation to evolving consumer trends, urging businesses to tailor strategies to meet the needs of Vietnam’s burgeoning middle class.
In conclusion, Luke Treloar’s insights paint a compelling picture of Vietnam’s rise as a hub of innovation and opportunity, set to shape the course of Southeast Asia’s business landscape.
Watch the full episode here.