Hanoi (VNA) – Three female Vietnamese entrepreneurs have been named in the list of the Most Powerful Women Asia 2024 (MPW Asia) announced by US magazine Fortune.
The three entrepreneurs are Nguyen Thi Phuong Thao, Founder and Chairwoman of Vietjet Air; Nguyen Duc Thach Diem, CEO of the Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank); and Mai Kieu Lien, CEO of Vinamilk.
Thao founded the low-cost airline Vietjet in 2011, with the goal of making air travel more accessible in both domestic and international markets. Since its inception, Vietjet has recorded rapid growth. Last year, the airline served 25.3 million passengers, surpassing the 24.1 million passengers of national carrier Vietnam Airlines.
With her remarkable achievements in the aviation sector, Thao is often known as the first self-made female billionaire in Vietnam.
Meanwhile, Diem ranked 71st on Fortune's list. She was appointed CEO of the bank in 2017, two years after the merger between Sacombank and the Southern Commercial Joint Stock Bank under the Government's policy of handling bad debts. Since then, Sacombank has continuously surpassed its growth targets and doubled its asset size to 27 billion USD.
Mai Kieu Lien, CEO of Vinamilk (Photo: vinamilk.com.vn)
The last representative of Vietnam on the list is Mai Kieu Lien, CEO of Vinamilk. She became the 'captain' and steered Vinamilk, the leading dairy company in Vietnam, from 1992.
From being a State-owned enterprise, Vinamilk under the leadership of Lien, was floated in 2003 and is now the largest food and beverage company listed on the HCM City Stock Exchange (HoSE), with a capitalisation of 6 billion USD.
This is the first year Fortune has published the list of MPW Asia. The 100 businesswomen in this year's MPW Asia ranking come from 11 countries and territories, including China, India, Japan, the Republic of Korea, Singapore, Malaysia, Thailand, Indonesia, the Philippines, Vietnam and Australia.
🍨 Notably, 20 faces on the MPW Asia list were also honoured in the list of the 100 Most Powerful Women in Business of 2024 - a prestigious ranking first published by Fortune in 1998./.
The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has been honoured as the “Best Company to Work for in Asia” for a fourth consecutive year and as the “Most Caring Company” at the 2024 HR Asia Awards given by HR Asia magazine with the theme "The Definitive Z Choice.”
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The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
