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RMIT University team to represent Vietnam at HSBC competition

Released at: 15:32, 24/04/2018

RMIT University team to represent Vietnam at HSBC competition

Photo: HSBC Vietnam

The Outliers to represent Vietnam at HSBC Business Case Competition in Hong Kong from June 5 to 8 after winning local round.

by Ngoc Lan

A team from RMIT University Vietnam will represent Vietnam at the HSBC Business Case Competition in Hong Kong after winning the local round against two other finalists and taking home VND50 million ($2,220) in cash and the championship trophy.

Members of the winning team, the Outliers - Nguyen Hoang Yen Khanh, Luu Thai Quang Khai, Tran Vo Thanh Tu and Rahul Ravindranath - will now represent Vietnam at the regional finals in Hong Kong from June 5 to 8.

HSBC Vietnam partnered with Junior Achievements Vietnam to organize the HSBC Business Case Competition in Vietnam, the local round of the HSBC/HKU Asia Pacific Business Case Competition.

The competition provides students with the opportunity to foster analytical thinking, creativity, innovation, communication and presentation skills, all of which will be valuable assets when they enter the workforce upon graduation.

The competition has been developed since 2008 by the renowned Asia Case Research Center of the Faculty of Business and Economics at the University of Hong Kong (HKU), the region’s largest producer of business cases and over the years. In that time, the competition has had 600,000 students from 130 universities around the world participating and 800 business executives across 12 countries volunteering as judges.

The Vietnam round saw 48 students from ten local universities compete in business strategy-making and presentation to earn a spot to compete in Hong Kong against students from top universities in Asia-Pacific.

After a final round featuring three high-quality presentations from two teams from RMIT University Vietnam and one from the Foreign Trade University in Hanoi, the judges thought long and hard before selecting a winner.

Finishing behind the Outliers were Revolution from the Foreign Trade University in Hanoi and #WonderKids from RMIT University Vietnam. Teams were given an unpublished business case developed by HKU and needed to develop a solution and implementation plan for the case and prepare a presentation of their solution within three hours. The solutions were presented to a panel of judges followed by a 15-minute Q&A session.

Mr. Pham Hong Hai, CEO and Chairman of Corporate Sustainability Committee at HSBC Vietnam, said that the judges were all greatly impressed with each teams’ analysis and the clarity of their arguments. “I would like to congratulate the winners and all of the runners up for a very exciting final,” he added. “I believe every team participating in this year’s competition have gained valuable experience that will give them great confidence when they start their careers.”

The Regional HSBC-HKU Asia Pacific Business Case Competition will be held at the University of Hong Kong with 24 teams from regional universities pitting their wits against each other to try and land the champion’s prize of $10,000.

“It’s an amazing chance to meet, and compete against, the top students from right across Asia and impress over 80 senior business executives serving as volunteer judges,” said Mr. Hai. “I really hope the Vietnam team will represent Vietnam well and have the chance to win.”

By creating a platform that encourages employment-focused skills development in the community, HSBC aims to assist the young generation to fulfil their potential.

The HSBC Business Case Competition engaged both HSBC Vietnam staff and its corporate clients to share their career experiences, knowledge and skills with students in Vietnam so that these talented and capable students can thrive in an international arena and excel in their future careers.

The HSBC Business Case Competition is one of many HSBC projects that aim to increase levels of employability and financial capability in accordance with the bank’s latest Environmental, Social, Governance report released in early April.

Recent related projects include JA More than Money for 50 students at SOS Village Go Vap and the Maker Academy project, bringing an advanced learning method in STEAM (Science, Technology, Engineering, Arts and Mathematics) to 250 orphans in Ho Chi Minh City and Ben Tre and Ba Ria Vung Tau provinces.

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