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Vietnamese female CEOs listed among top global business leaders

February 25, 2021 by vietnamnet.vn

The achievements of Vietnamese women “steering” large corporations have been recognized internationally.

Vietnamese female CEOs listed among top global business leaders

Nguyen Thi Bich Van

In early 2021, on its Facebook page, IBM Vietnam for the first time announced the appointment of a female Vietnamese CEO to replace a foreign CEO who had been working for IBM for 25 years.

The woman, Pham Thu Diep, is the first IBM’s ‘female general’ in the company’s 25 years of operation in the Vietnamese market.

It is now more common to see women managing large corporations in Vietnam such as Mai Kieu Lien, CEO of Vinamilk; Nguyen Thi Nga, president of BRG; Nguyen Thi Phuong Thao, CEO of Vietjet; and Le Thi Thu Thuy of VinFast are some of the names.

However, becoming a CEO of a foreign invested technology firm is still rare in Vietnam.

Before taking the office as CEO of a technology firm, Diep was a high ranking manager with 23 years of experience in the IT field. Starting her career at TRG International, she later held posts at Exact, which provides ERP service and cloud software to clients specializing in accountancy.

Diep joined IBM in early 2011 and has had many leadership positions since then.

In 2017, a Vietnamese woman became the highest ranking leader of Unilever Vietnam, a foreign invested enterprise specializing in personal and family care products and food. The first Vietnamese female president of the leading company in the FMCG sector is Nguyen Thi Bich Van, who has had a strong attachment to the company for the last 24 years.

Le Diep Kieu Trang is another well known name among businesswomen. She worked as CEO of Facebook and Go-Viet before choosing a new way to go.

The ‘golden girl’ with respectable achievements during school has had leadership positions at the world’s largest groups in Vietnam.

The brilliant achievements gained by VietJet Air, the air carrier with the largest market share, in the last decade bear the hallmark of CEO Nguyen Thi Phuong Thao. Last year Vietjet was one of only a few air carriers in the world which did not lay off workers and also made a profit, despite the Covid-19 crisis.

After a period of holding the post of CEO at Fossil Vietnam, Trang chose Facebook to use her experience to connect to the business community, both in Vietnam and overseas.

Global vision

Van said in Forbes Vietnam that being a leader in a multinational environment requires a high level of professionalism. She needs to understand multinationals’ vision and define their role in the multinationals’ business.

The working environment at multinationals is very diverse, so there is high requirement on the ability to work, communicate, and think in that environment. To encourage people to raise good ideas, leaders not only need to understand national cultures, but also understand the abilities of each worker so as to combine their talents and lead the staff to the finish point.

According to Van, this is not an easy work, because the more talented people there are, the more difficult it is for the team to reach a common purpose. In modern times, CEOs need to not ‘issue orders from the top down’, but ‘serve others’. They need to set orientation and then give power to workers to implement the strategies.

Some important positions at foreign corporations were and are held by Vietnamese women. These include Nguyen Phuong Anh, who worked as Google Asia Pacific marketing director in charge of the Vietnamese market; and Nguyen Mai Phuong, who became the youngest branding director of Unilever at the age of 24.

Vietnamese businesswomen also play an important role in the development of Vietnamese enterprises.

The brilliant achievements gained by VietJet Air, the air carrier with the largest market share, in the last decade bear the hallmark of CEO Nguyen Thi Phuong Thao. Last year Vietjet was one of only a few air carriers in the world which did not lay off workers and also made a profit, despite the Covid-19 crisis.

Thao has been included in Bloomberg’s list of 50 global influential leaders for many years. Thao is also chair of the board of directors and founding shareholder of Sovico Holdings, and deputy chair of HDBank.

In the manufacturing sector, Le Thu Thuy, president of VinFast, is a respectable name. Just within a short time, VinFast introduced its first two products – LUX A2.0 sedan series and LUX SA2.0 SUV at Paris Motor Show 2018. Most recently, its first three SUV smart electric cars were launched.

The great strides made by VinFast has created a stronger belief in the future of Vietnam’s automobile industry. This is the first time in history that a Vietnamese company can manufacture luxury cars with good design and high quality, to be sold in Vietnam and in the world market as well.

V. Ha

Filed Under: feature female CEO, global business leaders, Covid-19, vietnam economy, Vietnam business news, business news, vietnamnet bridge, english news, Vietnam news, vietnamnet..., what makes a good business leader, role of ceo in small business, jeunesse global business, female deities list, what is a global business, mba global business, mba global business jobs, how to start a global business, european business leaders, global business challenges faced by business, male female gender list, female archetypes list

LNG – future of Vietnam’s energy

March 13, 2020 by hanoitimes.vn

The Hanoitimes – Vietnam has been on way to pursue an energy transition that reduce carbon emission and develop renewable sources in an effort to combat climate change .

Liquefied natural gas (LNG) has been considered a source of energy that is able to meet Vietnam’s rising power demand and clean enough in comparison with coal power which the country is advised to minimize from now on.

Vietnam has been on way to pursue an energy transition that reduces carbon emission and develops renewable sources in an effort to combat climate change and there will be room in the country’s mix for fossil fuels as long as they are clean, a local expert has said.

Dang Huy Dong, president of Vietnam’s Planning and Development Institute. Photo: MPI

“Gas is by far the cleanest fossil fuel,” Dang Huy Dong, president of Vietnam’s Planning and Development Institute, said at the Future Energy Asia 2020 forum in Bangkok last month.

Gas, particularly LNG, is the only meaningful solution for Vietnam to reduce emissions in the context that the potential of hydropower is almost exhausted while solar and wind power are not reliable enough, the Bangkok Post quoted Dong as saying.

“Only gas could provide Vietnam with a practical energy supply, in particular LNG,” according to Dong, who is a former deputy minister of Planning and Investment.

He attributed the choice of gas to falling fuel prices, improved efficiency and technologies. At the same time, the price of coal-fired power is rising due to supply and financial limitations.

For the aforementioned reasons, Dong believes Vietnam needs to move away from coal to other sources, as China and many other countries are doing.

“In the interests of environmental protection and sustainable development, more and more provinces in Vietnam are demanding a change from coal projects to LNG power projects,” he said.

Vietnam’s power demand and the government’s choice

Vietnam’s energy sources. Data: MOIT/Bangkokpost. Chart: Linh Pham

Currently, coal-fired power plants generate about 39% of the electricity consumed in Vietnam. Hydropower accounts for 35%, gas-fired power 18.5%, and renewables 7.2%.

Over the past decade, hydropower generating capacity has recorded the highest growth rate in Vietnam. The country now has 5,500 megawatts (MW) solar capacity, representing 40% of all such capacity in Southeast Asia. This suggests a boom in renewable energy projects in Vietnam, where more attractive feed-in tariff (FIT) policies have been introduced for solar and wind power.

However, as the second largest power market in ASEAN, the country of 95 million is facing a critical supply challenge, with a need to triple capacity by 2030, the expert said.

“Rapid urbanization and industrialization have driven up electricity consumption in Vietnam dramatically,” he said, adding that southern Vietnam was at risk of being undersupplied.

In addition to expanding capacity, Vietnam has encouraged energy efficiency and renewable energy, reduction of CO2 emissions and creation of an energy market through the country’s eighth National Power Development Master Plan for the 2021-2030 period.

Furthermore, the government sees an efficient and reliable power supply as critical for socio-economic development. In 2016, it abandoned plans for nuclear development, citing safety concerns following the 2011 Fukushima disaster in Japan. It has resulted in a shift in long-term planning to include other sources to replace the planned nuclear capacity.

Remarkably, Vietnam is also interested in greater integration of power development throughout Southeast Asia, deploying cheaper sources as well as optimizing system operations.

“I think this is somewhat in line with the (goals of) interconnectivity and interconnection within ASEAN,” Dong emphasized.

Filed Under: Uncategorized LNG, fossil fuel, emission, fuel price, Dang Huy Dong, Planning and Development Institute, wind, solar, nuclear, Fukushima, reduction, coal-fired power, medco energi lng, lng future fuel, future energy skills, transpower energy futures, roundtable for europe's energy future, nuclear energy future, powering forward a better energy future for australia, powering the future the energy planet, why lng is the future, future generation energy, cheniere energy lng, cheniere energy lng stock

Kotam tourist site: An example of integrating ecological tourism and local cultural identity

January 15, 2021 by en.nhandan.org.vn

Located nine kilometres from the centre of Buon Ma Thuot city, Kontam tourist site is an attractive destination for tourists, particularly at weekends and public holidays.

Covering a total area of 17 hectares and hosting magnificent hills, mountains, waterfalls, springs, valleys, and accommodation facilities imbued with the typical culture and architecture of the E De ethnic group, Kotam welcomes more than 400,000 tourists every year.

According to Deputy Director of Dak Lak provincial Department of Culture, Sports and Tourism Dang Gia Duan, the launch of the Kontam tourist site has contributed to preserving and promoting the distinct culture of the Central Highlanders while reducing poverty and generating income for local ethnic minority people.

The successful tourism model was made possible thanks to a joint effors of a group of five female entrepreneurs five years ago. They are Nguyen Thi Ngoc Anh, Nguyen Thi Hue, Nguyen Thi Phuc Minh, Vu Thi Xoan and Doan Uyen Thao, directors of five companies operating in trading, processing and exporting agricultural products, honey and mechanical equipment.

The quintet are also enthusiastic members of the Dak Lak Female Entrepreneurs club, headed by Nguyen Thi Ngoc Anh, which has actively participated in charity activities in the locality.

They came up with the idea of building a model which can help locals reduce poverty in a sustainable way. The Kotam ecological site was born, surrounded by the E De ethnic people’s villages, including Pak, Kotam, Krong A, and Krong B.

As the owner of Quang Anh Trade Ltd. Co, one of the top companies with the highest revenues in Dak Lak, Nguyen Thi Ngoc Anh was appointed the Director of the Kontam Community-based Tourism Joint Stock Company.

Not long after its launch, the Kontam company had attracted 35 members from the Dak Lak Female Entrepreneursclub , who poured a large investment into the construction of the tourist site.

Traditional long stilt houses of the E De ethnic people at the Kontam tourist site (Photo: Vietnam Pictorial)

According to Ngoc Anh, from the beginning, the project team has kept in mind that the ultimate goal of the project is to protect the environment and pristine beauty of the natural landscape while honouring the cultural identity of the Central Highlanders.

Therefore, the traditional long stilt houses of the E De ethnic people were constructed at the site and all staff members at the site wear an E De ethnic brocade uniform.

Thanks to its amazing scenery and landscapes, Kotam quickly became an alluring tourist complex for visitors from across the country.

Nguyen Thi Hue, a member of the Board of Directors of Kotam Community-based Tourism Joint Stock Company, said that the tourist site has the huge advantage of food self-sufficiency, providing tourists with a fresh and clean source of vegetables, meat, and fruit.

Visitors to the site can taste the delicious indigenous dishes of the Central Highlanders, including papaya flowers cooked with fish, grilled snakehead fish, pork grilled in bamboo tubes, and chicken salad with banana flowers.

When the COVID-19 pandemic saw complicated developments in the province, Kotam staff members donated quintals of vegetables to those working at the front lines against the pandemic.

In an effort to welcome back vacationers in the post-COVID-19 period, the tourist site has coordinated with training facilities on tourism services, hotels and restaurants to improve the skills of staff members.

Promotional activities have also been launched to further advertise the site to travel agencies and tourist companies.

Built with both enthusiasm and love for the homeland of the five female entrepreneurs, the Kotam tourist site has contributed to upholding traditional culture as well as boosting socio-economic development in Dak Lak province.

Filed Under: Uncategorized vietnam news, vietnam business, vietnam travel, vietnam culture, vietnam sports, vietnam politics, hanoi, saigon, ho chi minh city, apec, da nang, hue, hoi an, ..., Local Culture, Tourism and Culture, tourist site, Vietnam Tourist Site, tourist sites, tourist sites in paris, tourist sites in chicago, tourist sites in mexico, tourist sites in rome, ecological tourism, ecology tourism, cultural identity essay

Malaysian parliament may convene during emergency

February 25, 2021 by en.vietnamplus.vn

Malaysian parliament may convene during emergency hinh anh 1 People wait for their turn for COVID-19 testing in Malaysia (Photo: Reuters)

Kuala Lumpur (VNA) – The Malaysian parliament may convene during the emergency period as approved by the country’s King, according to a palace statement on February 24.

Comptroller of the Royal Household Ahmad Fadil Shamsuddin said the matter was decided following Sultan Abdullah’s meeting with the speakers of the upper and lower house on the same day.

The parliament will resume on a date deemed suitable by the King, taking into consideration the advice of Prime Minister Muhyiddin Yassin, the statement said.

The consent of the Malaysian King to the advice of the PM on the declaration of the Emergency Proclamation on January 12 is a proactive measure to contain the COVID-19.

The state of emergency is due to run until August 1. Malaysia has the third highest COVID-19 tally in Southeast Asia, following Indonesia and the Philippines, posting over 290,000 cases and 1,088 fatalities./.

VNA

Filed Under: Uncategorized COVID-19 tally, Malaysian parliament, emergency period, Emergency Proclamation, vietnamplus, vietnam news agency, ASEAN, Malaysian..., malaysian youth parliament, king convened parliament, parliament convenes, convening of parliament bermuda, 3 components of malaysian parliament, parliament convene yemen

First batch of Sinovac vaccine arrives in Singapore, but it is not approved yet

February 25, 2021 by en.vietnamplus.vn

First batch of Sinovac vaccine arrives in Singapore, but it is not approved yet hinh anh 1 Sinovac’s product is a more traditional inactivated vaccine, which makes use of killed virus particles. This method has been used in vaccines for diseases such as polio. Phot: Bloomberg

Singapore (VNA) – Singapore received its first shipment of China’s Sinovac vaccine but has yet to authorise it for use, said the Ministry of Health (MOH) on February 24.

It added that the vaccine maker has started submitting initial data to the Health Sciences Authority (HSA).

“HSA is currently awaiting Sinovac’s submission of all the necessary information in order to carry out a thorough scientific assessment of the manufacturing process, safety and efficacy of the vaccine under the Pandemic Special Access Route,” the MOH was quoted by The Straits Times as saying.

The Pfizer and Moderna vaccines have received interim authorisation in the country under this route.

In a Facebook post, the Chinese Embassy in Singapore said the delivery of the Sinovac vaccine cements the agreement made by both countries to cooperate on issues related to the pandemic.

It added that China will continue to work with Singapore to “enhance cooperation on vaccine and epidemic control, build a global community of health for all, and win the final victory in the fight against the epidemic”./.

VNA

Filed Under: Uncategorized COVID-19, Singapore, Ministry of Health, Health Sciences Authority, vaccine, Vietnam, VietnamPlus, Vietnam news, World, Ministry of..., approved yellow fever vaccination centers lagos, compulsory vaccination laws singapore

Hanoi: Business registration database to be digitized

July 11, 2017 by hanoitimes.vn

The Hanoitimes – By late August of 2017, Hanoi Department of Planning and Investment will complete digitization of business registration database.

By late September, the digitalized database will be posted to the national database on business registration. Earlier, the Hanoi People’s Committee defined key measures and solutions to beef up IT applications via digitization of database on e-Government, land, public servants, and justice; and upgrade and effective exploitation of database on population in favor of management.

So far, the Hanoi Police has connected and exploited population database to share information with the Hanoi Social Insurance, the Department of Justice, the Department of Education and Investment, and the Department of Planning and Investment to provide public services for citizens, organizations, individuals, and tax payers.

In the first half of 2017, the Hanoi Police and the Department of Information and Communications inked a regulation on population database with the Department of Taxation and the Department of Planning and Investment.

The Department of Labor, Invalids, and Social Affairs worked with Nhat Cuong Company to propose a solution on population database connectivity in favor of management of people with merits, poor households, nearly-poor households, social beneficiaries, the elderly, drug addicts, and prostitutes. The move aimed to implement Decision 708, dated May 25, 2017 on an integrated social security information system.

Filed Under: Uncategorized Hanoi Times, mCMS, www.onip.vn, national registration database, corporation and business entity database, oregon sos business registration, fnb business registration contact details, business entity database, florida department of state business registration, business registration number lookup, business registration number search, fnb online business registration, business registration database, company registration database, domain registration database

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