From Adaptable to Thriving: ABeam Vietnam Partners for Sustainable Transformation Success in 2024
Deceember 21, 2023
As the world hurtles towards 2024, the winds of change are blowing strong. Companies in Vietnam, like their counterparts across the globe, are facing a landscape that is increasingly complex, dynamic, and demanding. To stay ahead of the curve, businesses need to be nimble, adaptable, and most importantly, ready to embrace transformation.
Top 4 Imperatives for Businesses in Vietnam in 2024 to pave the way for sustainable growth
Vietnam boasts significant potential for sustainability investment. However, several hurdles need to be overcome:
Limited Awareness: Many businesses and investors, particularly smaller ones, lack sufficient understanding of sustainability principles, hindering the widespread adoption of sustainable practices.
Lack of data and metrics: Data and metrics for tracking progress and identifying improvement areas are limited, hindering effective action.
Limited collaboration: Collaboration between government, businesses, and civil society needs strengthening to promote sustainability adoption.
Insufficient Resources: Limited access to financing, specialized expertise, and necessary infrastructure hinders the implementation of sustainable projects and initiatives.
While these challenges exist, Vietnam's commitment to sustainable growth and the growing demand for sustainability -focused investments offer promising opportunities. Addressing the identified obstacles through collaboration between government, businesses, and investors can unlock Vietnam's full potential as a hub for responsible and sustainable investments.
With its deep understanding of the local market and its proven track record in helping businesses transform, ABeam Consulting is well-positioned to be a trusted partner for Vietnamese companies navigating the challenges and opportunities of 2024, especially alongside Vietnamese businesses in their sustainability transformation journey. By embracing transformation, Vietnamese businesses can ensure their long-term success in a rapidly changing world.
ABeam's Transformation Solutions:
ABeam Consulting provides end-to-end services from building transformation strategy, formulating business policies to deal with individual transformation themes and implementing management foundation.
With the 4 key sustainability consulting services area, ABeam Consulting Vietnam aims to be the “Real Partner” with the businesses and realize the following:
- Developing and implementing sustainability strategies: The sustainability movement (Governance, Environment & Society) is gaining momentum globally, and Vietnam is no exception. Companies that fail to integrate sustainability into their core business models risk falling behind. ABeam can help businesses develop and implement comprehensive sustainability strategies that create long-term value for both stakeholders and the environment.
- Leveraging technology for transformation: The digital revolution is transforming every industry, and Vietnamese businesses need to embrace digital technologies to remain competitive. ABeam offers a wide range of digital transformation solutions, from cloud computing and artificial intelligence to data analytics and enterprise resource planning (ERP).
- Building a culture of agility and innovation: The business environment is becoming increasingly volatile, uncertain, complex, and ambiguous (VUCA). Companies need to be agile and resilient to adapt to changing conditions and respond to unforeseen events. ABeam can help companies to create an environment that encourages creativity, collaboration, and risk-taking.
Ready for the Future:
Investing in sustainability is not just about doing good for the environment; it's also about doing good for business. By integrating sustainability into their core business models, Vietnamese companies can create long-term value for stakeholders, improve their brand image, and attract and retain top talent. In the end, sustainability is not just a trend; it's here to stay and requires immediate action.
ABeam Consulting Vietnam. with a team of more than 100 consultants (both local and expats), is committed to helping Vietnamese companies achieve their GX goals and build a more sustainable future. By partnering with ABeam, Vietnamese businesses can embrace transformation and ensure their long-term success in the years to come.
