RMIT Vietnam NewsRMIT Vietnam represented for first time in business comp

RMIT Vietnam represented for first time in business comp

Thursday, July 2, 2015 - 09:57
Team members (from left to right) Nguyen Ngoc Tu, Nguyen Thi Phuong Thuy, Phan Le Thanh Truc, Nguyen Thuc Hien with mentor Melvin Fernando)

A team of four RMIT Vietnam students recently represented the University for the first time at this year’s HSBC/HKU Asia Pacific Business Case Competition.

The high performing commerce, economics and finance students included Nguyen Thuc Hien, Nguyen Ngoc Tu, Phan Le Thanh Truc and Nguyen Thi Phuong Thuy with Senior Lecturer Melvin Fernando as the group’s mentor.

Hien, who was also the team leader, said the opportunity to compete in an international competition in Hong Kong was one of the main motivations for her and her peers to take part.

“As the only team representing Vietnam in the competition, it was an honour to participate as well as an achievement we can refer to when we’ve graduated and commencing our careers,” Hien said.

The annual competition, which is organised by the Asia Case Research Centre at the University of Hong Kong, saw 24 teams take part from universities across the Asia Pacific.

The RMIT Vietnam team worked on a case which was about 3D printing technology being seen as a threat for traditional 2D printing.

Within 2.5 hours, the team needed to develop a solution for a Chinese manufacturing company.

Team member Tu said the group worked together effectively to solve the problem.

“We decided that the best way to manage the new trend is to work with it and harness its power,” Tu said.

“We put forward for the Chinese manufacturer to commence research and development as well as build partnerships with 3D printing suppliers to be prepared and able to immediately implement the technology.”

During the team’s preparation on the case, there was no access to the internet, outside materials or contact with any other person meaning all strategies drew on the knowledge and skills of the students. 

The feedback from the judging panel was positive, according to Hien.

“Our ability to think of detailed solutions in a short period of time plus our presentation skills made us stand out,” she said.

“Areas we can improve include our confidence and preparation of presentation slides.”

Mr Fernando, the team’s mentor, said he was incredibly proud of the students’ performance.

“It was a busy time for the team with their own study, finishing up end of semester reports, studying for final exams as well as preparing for the competition,” he said.

“I was impressed by their ability to balance their workload.

“Overall, it was a great experience for the students to meet, share and learn from other competitors and coaches coming from many different countries.”