Vietnamese Entrepreneurs’ Day 2025: Lessons for Companies from Vietnam’s Boldest Leaders

Vietnamese Entrepreneurs’ Day 2025: Lessons for Companies from Vietnam’s Boldest Leaders

Every October 13, Vietnam celebrates Vietnamese Entrepreneurs’ Day — a moment to honour business leaders who have contributed to the nation’s economic growth and innovation. But this day is not just symbolic; it offers practical lessons for companies across Vietnam. Whether you are a fast-growing startup or an established multinational, reflecting on the qualities of successful Vietnamese entrepreneurs can help sharpen your leadership practices, strengthen HR strategies, and boost long-term growth.

Why Vietnamese Entrepreneurs Matter in 2025

Vietnam’s private sector continues to be a powerhouse for economic transformation. According to the Ministry of Planning and Investment, enterprises contributed more than 60% of national GDP and created 70% of new jobs in 2024. Despite global uncertainties, Vietnam recorded 5.8% GDP growth in the first half of 2025, driven in part by resilient domestic companies and bold entrepreneurs who seized new opportunities.

3 key lessons from Vietnam’s successful entrepreneurs

Entrepreneurship is not only about profit; it is about building teams, shaping culture, and investing in people. For HR leaders and business owners, there are three core lessons from Vietnam’s most successful entrepreneurs.

1. Vision and Adaptability Go Hand in Hand

Vietnamese entrepreneurs are known for spotting opportunities in fast-changing environments. From the rise of digital banking to the boom in renewable energy, leaders who thrive are those who combine long-term vision with day-to-day adaptability.
Lesson for HR: Companies should encourage a culture of experimentation and resilience. HR teams can build programs that reward flexibility, continuous learning, and the ability to pivot quickly when markets shift.

2. People Are the True Competitive Advantage

A recurring theme in entrepreneurial success stories is talent investment. Whether in tech hubs like Ho Chi Minh City or export-driven clusters in Hai Phong, entrepreneurs who invest in upskilling and employee well-being consistently outperform competitors.

• Data point: A 2025 survey by the Vietnam Chamber of Commerce and Industry (VCCI) showed that 72% of high-growth companies ranked employee development as their top priority, compared to only 41% of slower-growing peers.

• Lesson for HR: Employers should view people strategy as business strategy. This means integrating leadership development, clear career paths, and competitive compensation into everyday business planning.

3. Innovation Is a Culture, Not a Department

Vietnam’s leading entrepreneurs are proof that innovation cannot be confined to R&D labs. Instead, they embed it into every department — from sales to HR. Companies that encourage cross-functional collaboration see faster problem-solving and higher retention.
Lesson for HR: HR leaders should promote innovation by redesigning performance reviews, rewarding creative thinking, and providing spaces (physical or digital) for brainstorming.

Spotlight: Emerging Entrepreneurial Trends in Vietnam

• Green Business Models: Driven by government commitments to carbon neutrality by 2050, startups in renewable energy and sustainable agriculture are thriving.

• Tech-Enabled Services: AI, fintech, and logistics tech firms are scaling rapidly. Vietnam’s digital economy is forecast to reach USD 43 billion by 2025 (Google–Temasek–Bain).

• Regional Expansion: More Vietnamese companies are expanding into ASEAN markets, requiring leaders to manage diverse, multicultural teams.

For HR, these shifts highlight the need to hire globally minded professionals, foster sustainability skills, and strengthen digital capabilities.

FAQs on Vietnamese Entrepreneurs’ Day and HR

Q1: What is Vietnamese Entrepreneurs’ Day?

A national day on October 13 to recognise the role of entrepreneurs in Vietnam’s socio-economic development.

Q2: Why should companies pay attention to this day?

Because the values it celebrates — vision, resilience, and people investment — are directly linked to better HR practices and long-term growth.

Q3: How can HR departments apply these lessons?

By fostering adaptability, prioritising talent development, and embedding innovation across the workforce.

Q4: What industries are driving entrepreneurship in Vietnam right now?

Key growth sectors include technology, renewable energy, e-commerce, and manufacturing.

Conclusion: Turning Inspiration into Action

Vietnamese Entrepreneurs’ Day is more than a celebration. It is a reminder for companies to re-evaluate how they lead, hire, and grow. By learning from Vietnam’s most successful entrepreneurs, HR and business leaders can create workplaces that not only deliver profits but also foster innovation and resilience.

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References

• Ministry of Planning and Investment, Vietnam (2025).

• Vietnam Chamber of Commerce and Industry (VCCI) Workforce Survey, 2025.

• Google–Temasek–Bain e-Economy SEA 2025 Report.