Erik PetermoellerChief Financial Officer
Faced with new risks, responsibilities, and challenges, a CFO's role is always evolving. While they try to match the enveloping digital revolution with the strategic and disciplined nature of finance function, the constraints of appropriate time and relevant technology decide the direction they take for their enterprise transformation.
As Vietnam's economy is affected by global financial trends and volatility, the country’s Ministry of Finance estimates a 7.2% year-on-year expenditure increase for development investment in its 2019 budget. Policy makers and regulators are rightly focusing on diversifying the market in order to improve economic competitiveness and increase resilience.
This predicted growth will be driven by manufacturing expansion, agricultural production, strong performance of services sector, resilient domestic consumption, and a matching increase in FDI. How could CFOs from Vietnam’s enterprises make use of technology, innovation and best practices from FP&A, M&A and RPA to ride the regional uncertainty and create more value for their enterprises?
Questex Asia's leading publication for Asia's finance community, CFO Innovation, which runs the region’s longest and largest running series of events for CFOs, has now reached Vietnam to discuss and debate these opportunities through a networking forum with the best of financial experts.
CFO Innovation Vietnam Forum in August 2019 will be the launch event in the country to bring together 120+ CFOs from manufacturing, travel and hospitality, energy, natural resources, logistics, retails, BFSI , telecommunications and many other cross-industries, discussing the ever evolving role of CFO’s with the current policies, regulation, automation, cyber security and blockchain.
Who will attend?
The World Bank's latest economic update for Vietnam shows a resurgence driven by a cyclical increase in global demand as well as a recovery in investment from FDI and private sector and an ongoing shift of labor away from agriculture into more productive manufacturing and service sectors. It is predicted that Vietnam's economic growth momentum remains robust and is accompanied by broad macroeconomic stability.
The country has rapidly returned to pre-crisis growth trends and is expected to continue on this path. Infrastructure, tourism development, and related real estate and retail sector development in urban areas are some major sectors attracting large amounts of FDI, and overseas firms are increasingly attracted by the country’s recent developments. Key take-away from this session will be the trends on current economy growth, segments and sectoral growth and internal and FD investments to look for.
As Vietnam's economy continues to mature, more free trade agreements and cross regional investments will be opening new opportunities for the country’s finance experts. There is always a need to create synergy and work together with effective coordination and cooperation. In addition to pursuing its integration policy, Vietnam has been making use of free trade agreements and diversifying export markets. CFOs are responsible in identifying and attracting potential lenders, investors and buyers while ensuring strategic business development. This session will provide constructive M&A, JV and new development ideas to all finance leaders in attracting and working with international markets.
A huge number of industries are undergoing digital transformation and are facing disruption from new and start-up competitors. With effective integration of robust GRC processes, they can be assured of business continuity, keeping a close watch on risk exposures. Learn from industry experts in managing GRC processes to ensure corporate integrity, sustainability, and profitability.
Many companies have already started their digital transformations with their CFOs leading the way, recognizing this is an increasingly financial decision. Investment in modern business diversification needs to be measured and monitored. What tools are available for the finance experts to measure the impact, choose a relevant course of digitization and to plan for the immediate future?
An effective succession plan is not just about who should be your future leader. With a deep bench of talent prepared to step into leadership roles, CFOs free up their time to focus on their expanding roles as strategic leader. A strong succession plan will help finance organization from unexpected leadership departures and avoid sudden gaps in talent. This session will take you to the CFOs decision-making engagement in building and sustaining a viable succession plan that positions them to leave a legacy of leadership and high performance.
With many regional developments involving financial reporting failures, what lessons are there for CFOs who now need to create efficient communications with both internal and external stakeholders, improve credibility with regulators and investors and to address positively when challenges arise.
* Top 7 reasons why you should Sponsor *
1. Interact with Key Buyers, influencers and decisions makers from across the Asia Pacific Region
2. Generate quality leads at you network directly with your targeted audience through this curated event
3. Increase your business opportunities with ease in the Asia Pacific Region
4. Achieve business growth through the multitude of opportunities made available to you
5. Amplify your brand positioning to create Top-of-Mind-awareness among senior industry executives
6. Enjoy a wide reach as your company brand and solutions are amplified at this strategic platform
7. Succeed in engaging your targeted audience through an array of customizable sponsorship packages
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CFO INNOVATION (www.cfoinnovation.com) is an online publication, research provider, and conference organizer that focuses on issues specific to top level finance managers in the corporate sector in Asia and China. Our targeted events across Asia attract hundreds of CFOs from multinationals and other major enterprises every year.