It’s Day five and it’s surreal to think we are nearly halfway through the trip! We started the day with a site visit rather than our two classes at the University of Economics and Finance. The company we heard from is GreenViet, one of the companies I was assigned at the beginning of the semester. GreenViet is a business management consulting company that has an emphasis on creating sustainable energy for large buildings, mainly businesses. GreenViet’s success was built through Mr. Quang, a co-founder of the company. Mr. Quang had worked in and around sustainability through engineering and business avenues for 10+ years before he started GreenViet in December 2012. For a relatively new market in the world, countries in a developing phase such as Vietnam, were barely involved in the market. For Mr. Quang to succeed in a country with practically no customers, he took his business to an international level. A fresh business, with nothing but a certificate, Mr. Quang acquired his first customer. He did this by using a co-worker from a previous job who trusted Mr. Quang because of his network and experience in the business at a lower level. Vietnam’s GDP per capita is around $4000 compared to a country like the USA which is around $75,000. I mention these numbers because Vietnamese businesses cannot afford expensive extensions such as sustainability mechanisms that GreenViet provides. This makes international clients 90% responsible for the revenue of this company. What resonated with me about Mr. Quang’s professional life is how he developed connections with his peers and kept in contact enough for them to stay close.
