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Vietnam records high female executive rate in Asia

About 25 percent of CEOs or board directors in Vietnam are women, surpassing the figures for Malaysia, Singapore and Indonesia.
Vietnam records high female executive rate in Asia ảnh 1Outstanding faces of female CEOs or board directors in Vietnam. (Photo: baomoi.com)

Hanoi (VNA) – About 25 percent of CEOs or boarddirectors in Vietnam are women, surpassing the figures for Malaysia, Singaporeand Indonesia.

Bloomberg cited a report from the Boston Consulting Group(BCG) as saying women hold 14 percent of CEO or board level positions inMalaysia and 10 percent in Singapore. Indonesia came in last among the fourcountries, at 6 percent.

More Vietnamese women, compared with their Singaporean andMalaysian peers, look for a promotion, the BCG report said after surveying morethan 2,000 employees. Malaysia has the largest proportion of female respondentswho intend to stay in their current roles.

"Women in Vietnam lead or own many SMEs and large enterpriseswhich provides positive, visible and diverse role models to other women,"Ian Grundy of Switzerland-based employment firm Adecco Group AG, the world’slargest provider of temporary workers, was quoted by Bloomberg as saying.

Emerging countries outperform developed countries in Asia inwomen’s representation on company boards, noted Grundy. Vietnam’s progress ingender diversity is partly due to measures by government and businesses tofoster female talent, he said.

"Having said that, it is important to remember thatSoutheast Asia still lags behind Europe and North America," Grundy added.

According to another study by Deloitte in June 2017, 17.6percent of board members in a survey of 50 Vietnamese companies were women.That’s more than double Asia’s average of 7.8 percent.-VNA
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