Female entrepreneurs share new business models at GMS discussion

A panel discussion featuring new business models – view of young and women entrepreneurs in the Greater Mekong Subregion (GMS) as part of the GMS Business Summit in Hanoi on March 30.
Female entrepreneurs share new business models at GMS discussion ảnh 1Delegates at the panel discussion. (Source: VNA)
Hanoi (VNA)– A panel discussion featuring new business models – view of youngand women entrepreneurs in the Greater Mekong Subregion (GMS) as part of theGMS Business Summit in Hanoi on March 30.

Do Thu Giang, ManagingDirector of Green Generation Joint Stock Company (GreenGen), shared herbusiness model that develops and distributes advanced biomass cookstoves forlow-income people in rural areas.

She said that her company is participating in the Market Acceleration ofAdvanced Clean Cookstoves in the Greater Mekong Subregion project implementedby GIZ of Germany and SNV of New Zealand.

GreenGen wants to introduce its advanced biomass cookstoves to low-incomepeople to reduce harmful smokes from traditional cooking methods and raise publicawareness of environmental protection and climate change response, she said.

She raised statistics of SNV that more than 65 million households in Cambodia,Laos and Vietnam are still using some kinds of traditional biomass cookstovesfor daily cooking, which produces tonnes of harmful emissions to theenvironment and affects the health of women and children.

Meanwhile, Souphaphone Souannavong, Founder& Managing Director of TOH – Lao Coworking Space & TOH-X CoworingSpace, shared her country’s solutions to developing new business models.

She said Lao has implemented a number of measures to create cooperationopportunities and inspire businesses, especially start-up firms to operateeffectively.

Lao start-up businesses have yet been a spotlight in the region, but with thecountry’s efforts to strengthen international cooperation and improve businessmodels, Lao enterprises have been operating quite effectively and gainedcertain success.

Additionally, Lao enterprises have a lot of potential to expand operation in thefuture, she said.

Apartfrom doing research and creating start-up incubators, her company has activelyinvolved in programmes to support start-up companies to reach further not onlyin the region but also at international arena, she added.

The Lao female entrepreneur also expressed her belief that the Lao businesscommunity will grow strongly in the time ahead with the application of scienceand technology.

“If wewant to grow, we need to consider use digitalization”, she said.

The first-ever GMS Business Summit forms part of the sixth GMS Summit(GMS-6) and the 10th Cambodia-Laos-Vietnam Development Triangle Summit(CLV-10), which is one of the most important diplomatic events of Vietnam in 2018.

 The GMS comprises Cambodia, China (Yunnan andGuangxi provinces), Laos, Myanmar, Thailand and Vietnam.-VNA
VNA

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