In Vietnam’s mid-market companies, women hold 33 percent of seniorleadership positions with the most common being human resource director (36 percent)and chief financial officer (32 percent). Globally the rate is 29 percent.
Ninety five percent of businesses in Vietnam have at least one woman in seniormanagement, again above the global rate of 87 percent.
Francesca Lagerberg, global leader, Grant Thornton International Ltd, said: “Itis extremely encouraging to see deliberate action taking place as mid-marketbusinesses ramp up activities that encourage progress and accessibility toleadership positions for women.
“2018 saw a sharp rise in the representation of women at a senior level aftersignificant changes in the social climate of the western world, but this year’snumbers have levelled off once again highlighting that change at the top isglacial.”
Valerie Teo, tax partner, Grant Thornton Vietnam, said: “If we want to continueto see more women in senior positions, businesses need to be intentional.Policies that ensure diversity of thought at the decision-making table, addressequal opportunity in career development and bias in recruitment and developinclusive cultures cannot just be nice to have – they are a must.
“Once implemented, these policies must be enforced and regularly reassessed tojudge their effectiveness. Only when that is combined with real commitment fromsenior leadership, will real transformational change take place.”
Grant Thornton is one of the world’s leading independent assurance, tax andadvisory firms.
The International Business Report is a study of both listed and privately heldbusinesses.
Launched in 1992, it now provides insight into the views and expectations ofaround 10,000 businesses across 32 economies./.