Introduction To Sife Vietnam_2009

Introduction to SIFE SIFE stands for Students In Free Enterprise (for more information, see www.sife.org). SIFE is a global non-profit organization, supporting university students at more than 1,400 schools in over 40 countries. Students are empowered to teach ethical entrepreneurship in their local communities. SIFE students are the “best and brightest” in their countries, demonstrate practical managerial skills, have hands-on experience and are committed to sustainable business. SIFE creates a global partnership with business and higher education that empowers university students to discover their full potential and become the best business-minded leaders through creating economic opportunity for their communities. Working in partnership with business and higher education, SIFE establishes student teams on university campuses. These teams are led by faculty advisors and they are challenged to develop community outreach projects that reach six educational criteria: • • • • • •

Market Economics Success Skills Entrepreneurship Financial Literacy Environmental sustainability Business Ethics

SIFE team members leverage their educational experiences, the expertise of their faculty advisors, the support of their local business advisory boards and the resources of their institutions to implement programs that create real economic opportunities for members of their communities. The effectiveness of their programs judged at competition. Each national SIFE organization conducts a national competition, which is judged by leaders from its business community. At competition, SIFE Teams present the results of their educational outreach projects and compete to determine which team was most successful at creating economic opportunity for others. These programs therefore have highly leveraged downstream effects. Our tertiary students spent literally thousands of voluntary hours working with communities (locally and overseas) to bring about real and sustainable economic benefits to those whom they serve. The strategic impact is twofold: developing tertiary students who are participating and changing the communities they serve. The winner of these competitions represents their respective countries to compete in the annual SIFE World Cup held in major cities around the world. The last SIFE World Cup was held in Singapore on 1 to 3 October 2008 and the 2009 SIFE World Cup will be held in Berlin, Germany on 4 to 6 October 2008.

SIFE Asia Currently, SIFE is represented in Asia in eleven countries. These include Australia, China, India, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand and Vietnam. SIFE Vietnam Plans are underway to launch SIFE program in Vietnam in 2009. A national competition will be held on Friday 24 July 2009. This inaugural event will be hosted by the University of Economics, Ho Chi Minh (UEH). Some of our major founding sponsors in Vietnam include KPMG, PepsiCo, Kinh Do Group and HSBC. Thus far, these universities have already enrolled into SIFE program: Foreign Trade University (Hanoi); Thang Long University (Hanoi); National Economic University (Hanoi); University of Economics, Ho Chi Minh; Foreign Trade University (HCM); Banking University; Open University, RMIT (HCM). More are expected to enroll.

Contact Information For more information, please contact Ms Nguyen Thu Trang Country Coordinator, SIFE Vietnam KPMG Limited 16th Floor, Pacific Place 83B Ly Thuong Kiet Street Hanoi, Vietnam

+84 (4) 3946 1600 x 6336 [email protected]

Mr Dennis Lee Regional Vice President and Managing Director, Asia SIFE 7A Commonwealth Avenue #04-658 Singapore 141007

+65 9828 5787 [email protected]

For more information, please visit our website at www.sife.org