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Economy in the “skimming” phase: Vietnamese entrepreneurs’ discussion on finding opportunities amidst challenges

Amid the unpredictable shifts of the global economy, the Pioneers Forum 2025 has become a platform for sharing practical perspectives, helping the business community jointly analyze the challenge of restructuring and establishing new positions. Here, experts agreed that flexible adaptability and sustainable management thinking are the key factors enabling businesses to remain resilient and achieve breakthroughs in the upcoming cycle of challenges.

Redefining the role of pioneers in the new context

The journey to identify the Top 100 Pioneers 2025 unfolded over nearly a year, involving multiple rigorous evaluation rounds. The greatest challenge for the Advisory Council lay in identifying truly leading figures with the capacity to create positive impact even when the market declines. According to Dr. Nguyen Thu Huong, CEO of Nam Huong Media Group, this title goes far beyond the mere recognition of achievements, becoming a reflection of innovative spirit and the leadership mettle required to “steer” the enterprise through turbulent waters.

Drawing from experience in advising corporate restructuring across 18 seasons of organization, the Organizing Committee has distilled the common characteristics of today’s sustainable development model. This is marked by a strong shift from focusing on outward appearance to prioritizing core capabilities and intrinsic value. Business ethics, social responsibility, and the ability for continuous learning are regarded as essential qualities of leaders in the digital era. This very mindset has shaped the unifying spirit behind the journey to honor individuals who represent pioneering thinking and leadership across their respective fields.

A strategic shift: Customer experience at the center

At the discussion session, the challenge of responding to macroeconomic factors such as tax rates and exchange rates was thoroughly analyzed by representatives of the imported automobile sector. Mr. Phuong Anh Phat, Chairman and CEO of JVA, shared that companies importing vehicles from the United States always maintain a proactive approach in adjusting their strategies. Although the luxury offroad segment is typically less directly affected by crowd psychology than mass-market vehicles, building flexible business plans remains an urgent requirement.

Instead of competing purely on price, companies choose a distinct path by optimizing customer experience. The decision to own a vehicle in this segment is often tied to the desire to express individuality and a distinctive lifestyle. Therefore, building and sustaining a strong user community, creating platforms that connect individuals with shared passions, has enabled brands to leave a deep mark on the market, turning customers into the most natural brand ambassadors. 

Similarly, in the high-end fashion sector, Mr. Huynh Kim Bao, Founder and CEO of Kim Bespoke, also emphasized the importance of deeply understanding the target audience. As the third-generation successor of a family with a tailoring tradition, he chose the business community as the core development segment. Amid an increasingly fragmented fashion market, a strategy focused on long-term partnership building and personalized products is considered a wise direction to help businesses maintain a solid position and earn lasting trust from customers.

A shift in investment and consumption mindset

From a macroeconomic perspective, Mr. Tran Van Muoi, Chairman of the Board of Five Star Group, observed that 2025 remains a period in which real estate investors maintain a cautious, watchful mindset. This is a time when businesses need to clearly understand their position and the real value they bring to the market. Instead of aggressive expansion, the group pursues a development strategy within controlled limits, built on a foundation of clean land reserves and well-prepared financial capacity, ready to seize opportunities as soon as the recovery cycle begins.

Alongside investment caution, the trend of smart consumption is gaining momentum. Ms. Katy Nguyen, Founder and CEO of the US lab-grown diamond brand NOBLECO, noted that Vietnamese consumers are increasingly careful in evaluating spending efficiency, even for high-value items such as jewelry. The rise of US lab-grown diamonds in the Vietnamese and Asian markets clearly reflects this trend. With the advantages of reasonable pricing and high-quality finishing, this product line is gradually capturing market share, meeting the needs of customer segments that prioritize economic value and sustainability.

Strength and potential: The foundation of breakthroughs

Another important aspect highlighted by the speakers was the overall “wellbeing” of both enterprises and their leaders. Mr. Nguyen Viet Dung, Chairman of the Board of Okini Food Vietnam, emphasized the close connection between the physical well-being of leadership teams and organizational performance. The demand for clean, wholesome food is increasingly becoming a new living standard, reflecting the growing awareness of quality of life in modern society.

Concluding the discussion, experts reached a shared assessment that the 2025–2026 period will act as a harsh filter of the market. Breakthrough opportunities will belong to organizations with strong internal foundations, transparent strategies, and resilient leadership. The forum therefore carried significance beyond an award ceremony, successfully capturing an important cross-section of Vietnamese business thinking in a period of transformation.

The Pioneers Forum was held within the framework of the Top 100 Pioneers 2025 honoring event, organized by Entrepreneur Style Magazine in collaboration with the WLIN Global Women Leaders Network, and exclusively executed by Nam Huong Media. The program was accompanied by partner enterprises including JVA, Five Star Group, NOBLECO, Goldsun Media, Okini Food, Hoang Nam Group, Tinh Hoa Viet, Hairnova, Doha, Kim Vu Fabric, Viet Hung Medipharm, Gia An 115 Hospital, CITY International Hospital, La Sams, and Pernod Ricard Vietnam.

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