New Taipei City's Southbound and Next Generation Employment Seminar: Unlocking Opportunities and Talent Value
On December 6, CrossBond, in partnership with New Taipei City, successfully hosted the "Southbound and Next Generation Employment Seminar," attracting numerous industry experts and business leaders. The event focused on exploring the diverse opportunities and challenges the New Southbound Policy brought. As a key initiative supporting the international expansion of local businesses, this seminar aimed to provide insights into policy directions, market expansion strategies, and the critical role of foreign talent in global growth.
The New Southbound Policy: Driving Internationalization for Businesses
Since its inception, the New Southbound Policy has been a vital strategy for Taiwan to deepen cooperation with 18 countries across ASEAN, South Asia, and Oceania. It encompasses trade, investment, education, and talent exchanges. For businesses, emerging markets such as Vietnam's booming e-commerce sector and the growth of electronics and manufacturing industries highlight Southbound countries' immense economic potential, labor advantages, and investment incentives.
This seminar focused on how businesses can navigate these opportunities and challenges while leveraging foreign talent to enhance their competitiveness on a global scale.
Event Highlights: Practical Knowledge and Expert Insights
Two distinguished speakers shared their expertise, covering key topics such as ASEAN market analysis and the strategic use of talent in global expansion:
📌 Mr. Cheng, Deputy Director of the III International Cooperation Center
Mr. Cheng provided an in-depth analysis of ASEAN countries’ investment environments and tax incentives, offering actionable advice for businesses to establish a foothold in these markets.
📌 Mr. Lin, Executive Director of the CrossBond ASEAN-India Talent Incubator
Drawing on years of cross-border operational experience, Mr. Lin shared how foreign talent can help businesses overcome cultural and market challenges, successfully entering Southbound markets. He emphasized the importance of foreign talent in fostering cross-cultural team integration and driving innovation.
Key Takeaways: Core Strategies for Business Success
This seminar was more than just a policy briefing; it offered tangible, real-world insights to inspire new approaches to internationalization. The two main highlights of the event included:
1. Exploring the Southbound Market: Opportunities and Challenges
Attendees gained a comprehensive understanding of ASEAN market trends and investment environments while learning strategies to overcome cultural and regulatory hurdles effectively.
2. Unlocking Globalization: Talent as a Catalyst for Growth
The integration of cross-cultural teams and strategic use of foreign talent was emphasized as essential for achieving a competitive edge in global markets.
Foreign Talent: The Catalyst for Business Globalization
In the era of globalization, cross-cultural teams have become a cornerstone of business success. Employing foreign talent not only helps address challenges in language, culture, and local market adaptation but also brings fresh perspectives and international market expertise.
The Southbound markets are brimming with potential, but for businesses venturing into these regions for the first time, understanding local culture, regulations, and market demands is critical. Foreign talent thus becomes an indispensable resource, enabling businesses to navigate complexities and achieve international growth.
Conclusion: From New Taipei to the World
The successful conclusion of the "Southbound and Next Generation Employment Seminar" marks another significant milestone in New Taipei City’s efforts to support businesses in their journey toward internationalization. Through in-depth policy analysis and discussions on the value of talent, the seminar provided businesses with practical guidance and inspiration for exploring Southbound markets.
CrossBond is honored to have partnered with New Taipei City to drive this event and looks forward to continuing to support businesses as they expand to broader international stages. By leveraging the dual advantages of Southbound markets and foreign talent, businesses are poised to unlock more opportunities and create limitless possibilities for the future.