University of Economics and Business
 
Gala final Business Challenges season 5

On 17th October 2021, the gala final of the Business Challenges season 5 co-organized by the VNU University of Economics and Business and Friedrich Naumann Foundation Vietnam took place online. With enthusiasm and youth creativity, the participating teams brought start-up projects and business solutions to the gala.


Started from October 2020, the Business Challenges season attracted a large number of students nationwide, from the North to the South. Carrying the mission of broaden knowledge, arouse passion, promote progress, encourage bravery of each individual and group participating the competition, BC season 5 attracted 736 contestants from 156 teams participating in the competition. The teams come from 24 universities in Hanoi such as: VNU University of Economics and Business, Foreign Trade University, National Economics University, Hanoi University of Science and Technology, Banking Academy, University of Transport and Communications, FPT University, Hanoi University, University of Foreign Languages, University of Science. The competition also attracted groups from many provinces such as Thai Nguyen University, Hoa Sen University, Hung Vuong University etc.

 
 
Assoc.Prof. Pham Bao Son - Vice President of Vietnam National University, Hanoi 
 
Assoc.Prof. Nguyen Truc Le - Rector of the UEB
 
Assoc.Prof. Nguyen Anh Thu - Vice Rector of the UEB 
 
Prof. Andreas Stoffers - Country Director, FNF Vietnam 

Through the first rounds and semi-finals, 12 best teams were chosen to compete at the gala finale. They were divided into 2 branches, branch 1 - Startup with the teams: Mix and Match, Salework, ADGAME, TEA TEA, Sli, TITANA, branch 2 - Business problems solving with the teams: Queens of BC, Bang Bang Mafia, RBG, CHIEF, DYLE, 3AC. 

Coming from Thai Nguyen University of Technology and Industry, student Dang Ngoc Anh (Tea - Tea team) said: "When participating in the Business Challenges, we learned many things about marketing and PR. We received valuable support and advices from our experienced mentors, which helped us finalize our startup ideas.”
 
 
 

After exciting competition, the two teams Salework (branch 1) and 3AC (branch 2) won the Championship with a prize of 50 million VND. The teams winning the second prize are Adgame (branch 1); Bangbang Mafia (branch 2) and the third prize went to Slii (branch 1) and Dyle (branch 2). The consolation prize belongs to TEA TEA and TITANA (branch 1); Chief and Queen of BC (branch 2).

 
Mr. Tran Van Le - Director of Phuong Linh Co.Ltd. - Judge member of the branch 2 

The team Salework received invitations to collaborate from 3 companies, including an invitation worth USD 100,000 for 18% and USD 200,000 for 20% share.

  

Mr. Pham Thanh Hung  from CEN Group 
Shark Pham Thanh Hung gave a special gift to the champion of the competition – a direct ticket to present at the Shark Tank Vietnam season 5.

The members of 3AC were offered with official position right after graduation and Yellowbee members were invited to cooperate with CEN-group's media company.

 
>>> Click here to see the news in Vietnamese. 

UEB Media