As an intro to the EMBA trip Professor Clark actually left for a trip to Vietnam to gather info and review the market. Even as the world’s financial system undergoes stress and challenges it is great to be a millionaire if but for a currency issue – I am currently in Vietnam exploring opportunities for the University of Evansville – and the currency exchange rate for the U.S. dollar is 16,530 Vietnamese Dong per U.S. dollar so it takes just $100 to be a millionaire and just $150 to be a multimillionaire. But even in the land where the U.S. dollar has strong purchasing power some things are expensive like linking to the internet at $18 for 24-hour or $10 for only an hour…..
But with this said I arrived in Vietnam on Tuesday after a long flight from Evansville to Chicago to Tokyo to Ho Chi Minh City, about a day and a half with actual ground time added in along with crossing the international dateline. I.e. departing at 8:30 am Monday morning arriving Tuesday 10:15 PM…a long day! I am aware that coming to Vietnam is much different than in the 60s and 70s for Americans. Today it is seen as the next emerging market of opportunity.
Quick first impressions are that Ho Chi Minh City has hundreds, no thousands of mopeds. It is a primary form or transportation in this bustling city. I am learning that honking seems to be the primary means to communication. I have been amazed at the skill of the taxi drivers in navigating the weaving between lanes and the fact sometimes even on one way streets the traffic comes head on. I guess the traffic signals a bustling economy. Building and construction here and there confirm the growth. The taxi driver indicated that in 1975 there were 3 million people now there are 8 million and the roads have not changed much.
Onward to Hanoi with an arrival just before Typhoon Hagupit landed at 3:30 am this morning. Torrential rain and winds accompanied the storm, but it did not seem as serious here as in China where it first landed. Hanoi seems a little less busy as it is a smaller city and the rain is keeping everyone inside. More to follow
UE Executive MBA Program
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- UE Executive MBA Program
- Executive MBA Overview The University of Evansville Executive MBA Program is applicable for executives, managers and professionals with over five years of work experience from private and nonprofit organizations as well as the public sector. The 20 month long program schedule is designed to meet the needs for individuals of all educational backgrounds. The AACSB accredited program’s curriculum represents the depth of business skills and tools necessary for effective leadership. The Executive MBA Program is designed as a cohort program; all students proceed through the program as a class group. The distinctive curriculum has a global perspective with local applications and is delivered in five consecutive terms with classes held on alternate weekends (Friday evening and Saturday scheduling). The University of Evansville Executive MBA Program admits a single class of approximately 12-20 students. The class stays together throughout the program. Courses are taught by faculty members of the Schroeder Family School of Business Administration as well as guest speakers. The next cohort is forming now, contact Anna Newton for more information.
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