Phuong Uyen Tran's eye-opening study time in Singapore
Benefits of new layers of management to THP | |
Enhancing the company's decision-making with important transitions at board level | |
The premise to help THP expand scale toward exponential growth |
Phuong Uyen Tran |
I was seeing globalization firsthand and Singapore is a true entrepot of people and international trade. It was the opportunities it offered and realized there was so much to learn. I redoubled my studies to earn my degree. For my graduation thesis, I chose a project about Heineken, a Dutch-based beer company. The experience proved invaluable as I saw how one multinational develops projects and manages its brands close up.
In the meantime, I also had to earn some spare cash, so far, job in a restaurant/bar as a promotional girl. My job was to welcome guests and encourage patrons to buy more beer. I worked from five o'clock to eleven o'clock at night.
There was a small fixed salary, but the bulk of my income came from commissions based on how much beer patrons purchased. I soon became adept at the art of being friendly without crossing boundaries or creating expectations.
Being exposed to the Heineken organization made me wonder whether I should join a multinational or return home to THP. I was twenty-two years old and had to decide which path to take. Should I stay in Singapore and prepare myself for a career at a multinational? Or return to Vietnam?
I knew the big advantage of working outside the family business would be the ability to own my achievements and failures. Family relationships would not benefit or protect me. Any respect my colleagues showed me would be earned, not grudgingly bestowed because I was related to the owner. Moreover, by working in an established company, I would be able to compare and contrast the operations of a developed organization with a family-owned one.
My own time in Singapore was an eye-opener. Going there was daunting, as I had never spent a night outside the extended my family home. But at the same time, I was excited about the next stage and the challenges it would bring. And I didn't forget the lessons my parents taught me. |
There was one particular instance where I adopted my father’s "nothing is impossible" attitude. It was in 2000, the start of a new millennium, and yet none of the students had individual access to the Internet. They either had to go to a shared service at the university or pay to use one of the new Internet cafes popping up across the city.
I really wanted my own line. The owner of the homestay where I was living was hostile to the idea and tried to make it difficult for me. But I persevered. I visited the post office and registered for Internet service. I assembled all the necessary paperwork.
I was a mere college student, but I was aware that Singaporean bureaucrats follow rules to the letter. It can be very frustrating, but if residents know their way around the system, then they can often get what they want. Three days later I had functioning Internet in my room.
Studying and living in Singapore really opened my eyes. I noticed how people often thought differently from the way I did. I realized the world was a much bigger and infinitely more complicated place than I had imagined. By the time I graduated from high school in 1999, I had saved $5,000. This was a considerable sum for a teenager—especially compared to the average annual income of just $1,850 in Ho Chi Minh City at that time. When I left university, I handed it to my father and asked him to invest it in the business. |
As I entered my teenage years, I started to question my parents as most children of that age do. My father can be very stubborn and controlling, but he is also a very good listener, and if someone can marshal his or her arguments coherently, then he will generally agree. One of my biggest tests in this regard was where I should study.
I was very keen to go abroad. I really wanted to be exposed to new ideas and different points of view. I had also begun studying English and wanted to put those language skills to use. So, I had my eye on several universities in the US, Australia, and the United Kingdom.
But my father was very resistant. His general view on education is that "we study well because of our own efforts and not because of the school we go to. One school is the same as any other if we don't put in the effort."
He had even stronger views about studying abroad. Overseas universities are for the ignorant and stupid because they want to escape school and are scared of failing the university entrance exam, he said. "Show me your results and then we can talk.”
I was determined to prove him wrong and studied incredibly hard for the exam. I passed, and. 1 still consider it one of the key milestones of my life. A month of further negotiation ensued before he eventually relented and said I could attend university in the US.
In the past few years, especially in 2018, Tan Hiep Phat and Phuong Uyen Tran are among Vietnamese names in the field of business that appear the most on international media because of their stories inspiring co-startups as well as millions of consumers around the world. That Forbes first published the book “Competing with Giants” by a Vietnamese businesswoman has help promote the name of “rich man” Tan Hiep Phat. Afterward, in the minds of many consumers, each water bottle is not only a drink but a crystallization of the desire to overcome difficulties and the spirit of entrepreneurship, an organic trend and Vietnam of miraculous stories. And also from this book uncovered the aspirations of Tan Hiep Phat, as Mr. Hiroshi Otsuka, President and CEO of Musashi Seimitsu said: “An unmissable insight into how and why Vietnamese businesses are quietly growing into global players.” |
About author Phuong Uyen Tran Working as a powerful businesswoman, Forbes published author, Phuong Uyen Tran is a model of success in Vietnam. Phuong Uyen Tran is also a special contributor for Vietnam Times. Her writing, including “Competing with Giants" book, and her latest articles are to advise and inspire young people to start-up, overcome challenges and reach out to the world. It is the story of a little girl taking the great responsibilities for a corporation and devoting herself to society. |
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