‘I have experienced many failures’

Chairman of the Board of Directors and General Director of BIN Corporation Le Hung Anh gave such advice to students in a dialogue program with CEO held by Ho Chi Minh City University of Technology on December 9.

CEO Le Hung Anh noted that only when you put yourself in the role of a working person, to feel the work, experience and build relationships, it is not too late to start a business. “Starting a business is not about how much money you make, but how long it lasts and how creative you are,” said CEO Le Hung Anh.

The CEO said that at the age of 23 when he was still a student, he started a business and received many failures due to lack of experience and relationships, plus poor foreign language skills.

Since then, he has learned a lot from failures to succeed by his own path when expanding investment to other countries, instead of focusing on developing the domestic market with the fields of real estate, tourism, finance, e-commerce…

CEO of BIN Corporation Le Hung Anh (right) shares his entrepreneurial experience with students. Photo: H.SINH

Answering students’ questions, why do foreign businesses look to Vietnam to invest, while Vietnamese businesses expand their investments abroad?

Mr. Hung Anh shared, because the cost of wages paid to workers in Vietnam is still cheap, the labor force is abundant and easy to recruit, so foreign investors look to it. In addition, Vietnamese workers are friendly and flexible in their work. Meanwhile, in the US, his company pays 35-40 USD per hour.

The leader of this business also said that he often said no to people who “hopped jobs”, due to the lack of intense focus on work.

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(PLO)- Through networking activities like this to promote interaction among alumni, businesses spread meaningful activities to the community.

FENG DIEN