Vietjet Air CEO honoured by Forbes
Vietjet Air CEO and President Nguyen Thi Phuong Thao has been recognised as one of the 100 most powerful women in the world by Forbes.
Vietjet Air CEO and President Nguyen Thi Phuong Thao (Photo: cafef.vn)HCM City (VNS/VNA) - Vietjet Air CEO and President Nguyen Thi Phuong Thao has been recognised as one of the 100 most powerful women in the world by Forbes.
Thao was listed the 44th, up 11 spots compared to last year. According to the magazine, Vietnam’s first self-made billionaire’s estimated network is about 2.6 billion USD, 1.98 billion higher from last year.
“I have always aimed big and done big deals. I have never done anything on a small scale. When people were trading one container [of goods], I was already trading hundreds of containers," Forbes quoted Thao as saying.
Thao is chairperson of Sovico Holdings, President and CEO of Vietjet, as well as standing vice chairperson of HDBank.
Over the past two years, Thao listed Vietjet and HDBank on the Ho Chi Minh Stock Exchange (HOSE). The market capitalisations of both companies accounted for billions of dollars, making Thao the second-richest person in the Vietnam’s stock market.
Vietjet, founded by Thao in 2011, was also named by Forbes as one of the 40 most valuable brands in Vietnam in 2018. The airline now operates 385 flights daily, with more than 100 routes covering destinations across Vietnam and international destinations such as Japan, Hong Kong, Singapore, the Republic of Korea, Taiwan, mainland China, Thailand, Myanmar, Malaysia and Cambodia.
This is the 15th annual top 100 list of the most powerful women in the world by Forbes, including women in business, finance, media, politics, social/philanthropic/NGO and technology. The annual ranking is based on multiple categories such as asset quality, media exposure, segment and international influence.
Topping this year’s list was German Chancellor Angela Merkel. She was followed by British Prime Minister Theresa May, Managing Director of the International Monetary Fund Christine Lagarde and CEO of General Motors Mary Barra.-VNS/VNA
You should also see
PM asks for prompt actions to fix consequences of serious workplace accident in Yen Bai
Prime Minister Pham Minh Chinh on April 22 signed a dispatch asking for prompt actions to fix the consequences of a serious workplace accident that happened in a cement factory in the northern province of Yen Bai the same day, as well as measures to support victims.
See more
Business
Capital shortage - headache for construction firms
Domestic construction companies will continue to face difficulties in the second quarter of this year with capital shortage top of their problems, a report has revealed.
Business
An Giang bosters border economy
The Mekong Delta province of An Giang, billed as an economic centre that links Ho Chi Minh city, Can Tho city and Cambodia’s Phnom Penh, has paid due attention to developing border trade and logistics infrastructure so as to tap its border economic potential.
Business
Corporate bond maturity in 2024 remains high: MoF
The volume of corporate bonds maturing in 2024, though lower than that in 2023, is till at a high level, mostly in industries with payment risks such as real estate and renewable energy, according to a report by the Ministry of Finance (MoF).
Business
Government’s action programme cracks down on illegal fishing
A raft of measures to deal with illegal, unreported and unregulated (IUU) fishing is included in the Government’s freshly issued action programme as the country is striving to clamp down on illegal fishing, or else it will be hit by the European Commission (EC)’s warning card.
Business
Vietnam - an enticing destination for foreign investors: IMF expert
Vietnam is an attractive destination for foreign investors thanks to its high, stable growth, large domestic market and young, well-educated human resources, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam at the Annual Meetings of the IMF and the World Bank Group (WB) held recently in the US.
