Vietnam – Singapore Board Forum for Energy Industry with the theme of Enhancing Resilience, Strategy Formulation and Execution in the New Normal: Singapore Experience for Energy Industry took place on October 21, 2021 at Fortuna Hotel, Hanoi.
This is a peer leaders forum for Vietnamese and Singaporean leaders to share management experiences and solutions to business challenges to maintain business growth and sustainability even in crisis and challenging contexts.
The forum was jointly organized by VIETSTAR Training and Consulting Joint Stock Company and Paris Graduate School of Management (PGSM) – France, includes key contents on Global energy sector development: trends, challenges, opportunities, and strategic implications for Vietnam; Methods of Navigating through COVID-19 of leading regional corporations such as Temasek Holdings, Sembcorp Industries – Experience from Journey dealing with the pandemic head on earlier in the crisis, and positioning ourselves to emerge stronger with a vision to 2030.
Speakers participating in the Forum were regionally influential senior leaders such as Mr. Douglas Foo, President of Singapore Manufacturing Federation, Chairman of Vietnam – Singapore Business Council, Nominated Member of Parliament of Singapore; Mr. Vu Minh Khuong, Associate Professor from National University of Singapore, who has many years of providing senior advice for many government agencies, corporations and large organizations in the world such as the United Nations Development Program, International Monetary Fund, World Bank; Mr. Fadah Alsagoff, Member of Management Team, Head of Enterprise Development – Temasek Holdings, Singapore; Mr. Wong Kim Yin, Group President & CEO of Sembcorp Industries, who has over 20 years of leadership experience in energy and investment management.
The forum welcomed the participation of more than 50 senior leaders from Vietnamese and Singaporean leading corporations such as Singapore Manufacturing Federation, Temasek Holdings, Sembcorp Industries, Vietnam Oil and Gas Group, Vietnam Electricity (EVN), Binh Son Refining and Petrochemical Joint Stock Company, Pertrovietnam Fertilizer and Chemicals Corporation, Petrovietnam Camau Fertilizer Joint Stock Company, etc.
The reason why the organizers chose Singapore and this country’s enterprises as a model for sharing experience is that Singapore has been recognized to handle and control Covid-19 effectively. For the duration of the pandemic, Singapore has been ranked first in the post-Covid-19 resilience rankings by Bloomberg. In particular, in the most recent speech on October 9, 2021, Singapore Prime Minister Lee Hsien Loong outlined Singapore government’s strategy to “be a COVID resilient nation”. In fact, Singapore government concluded a few months ago that a “Zero-Covid” strategy was no longer feasible, with the strategy changed to “Living with Covid-19” instead.
According to data from the Foreign Investment Agency (Ministry of Planning and Investment), Singapore was the largest foreign investor in Vietnam in 2020. As of August 20, 2021, Singapore’s investment in Vietnam continued to top with a total investment of USD 6.2 billion, accounting for more than 32.5% of the total investment capital in Vietnam.
Ms. Pham Thi Thu Hang, CEO of VIETSTAR, said: “we make efforts and focus our resources to make Vietnam – Singapore Board Forum successful and bring practical values because this is not only a peer leaders forum for business leaders of the two countries to share management experiences and solutions to business challenges to maintain business growth and sustainability even in crisis and challenging contexts, but also a forum for creating values and further tightening the good relationship between Vietnam and Singapore.”
Vietnam Singapore Board Forum – The First, jointly organized by VIETSTAR Training and Consulting Joint Stock Company and Paris Graduate School of Management (PGSM) – France, took place successfully on October 21, 2022. The forum shall be sustained as an annual event for peer leaders of the two countries to share management experiences and growth maintenance solutions, create value and further improve the amicable bilateral relationship between Vietnam and Singapore.
VIETSTAR Training and Consulting Joint Stock Company has been established and developed for more than a decade. So far, VIETSTAR has successfully positioned it as a leading provider of training & consulting services in Vietnam with a team of experts and speakers who are advisors of many governments in ASEAN region, strategists, economists, and prestigious scholars at home and abroad.
Paris Graduate School of Management (PGSM) was established in 1975 and has undergone more than 45 years of development. PGSM has become a well-known and internationally recognized brand with its Postgraduate Training Programs and Leaders Programs and is now a prestigious brand of Postgraduation Training which is contributing to the supply of high quality human resources for Vietnam in the process of integration and development.
Organizers – Hotline – 0904501369/ 0931718089