Sharing economy connects businesses with clients

At the two update sessions on sharing economy and impact investment in Asia, experts discussed solutions for sharing economy and impact investment in Asia under the new trend.

Huynh Thang, CEO cum founder of InnoLab Asia (Vietnam) said that technology-based sharing economy needs to get support from policy makers in order to bring applications into the life for optimizing the benefits of sides.

Delegates at a session of the Horasis Asia Meeting 2019

Sharing the point of view with Mr.Thang, Bui Thuy, a delegate at the session on sharing economy in Asia, said that sharing economy will not bring benefits to sides if there is no support from policy makers. That’s reason why the application of new ideas and management model is needed for the economy. Governments also need to outline new policies.

In terms of peer-to-peer lending, according to Stacy Kenworthy, CEO of Hella Storm (the U.S), if being developed, lending is long. This activity contributes to supporting the business community. Sharing economy mentions various communities. For example, football absorbs more than 2 billion fans. It also promotes other trade-service sectors. Hence, support from sharing economy not only advocates participating projects, but also the economy.

Whilst, Worsak Kanok-Nukulchai, CEO of Chulalongkorn School of Integrated Innovation (Thailand) stressed that sharing economy is reforming up a global trade context with Asia. Rules are needed to set for supporting, not forbidding.

Reported by Phuong An-Minh Duy-Translated by K.T