Vietnam records high female executive rate in Asia Posted: Dec 21,2017
Outstanding faces of female CEOs or board directors in Vietnam. (Photo: baomoi.com)
Hanoi (VNA) – About 25 percent of CEOs or board directors in Vietnam are women, surpassing the figures for Malaysia, Singapore and Indonesia.
Bloomberg cited a report from the Boston Consulting Group (BCG) as saying women hold 14 percent of CEO or board level positions in Malaysia and 10 percent in Singapore. Indonesia came in last among the four countries, at 6 percent.
More Vietnamese women, compared with their Singaporean and Malaysian peers, look for a promotion, the BCG report said after surveying more than 2,000 employees. Malaysia has the largest proportion of female respondents who intend to stay in their current roles.
"Women in Vietnam lead or own many SMEs and large enterprises which provides positive, visible and diverse role models to other women," Ian Grundy of Switzerland-based employment firm Adecco Group AG, the world’s largest provider of temporary workers, was quoted by Bloomberg as saying.
Emerging countries outperform developed countries in Asia in women’s representation on company boards, noted Grundy. Vietnam’s progress in gender diversity is partly due to measures by government and businesses to foster female talent, he said.
"Having said that, it is important to remember that Southeast Asia still lags behind Europe and North America," Grundy added.
According to another study by Deloitte in June 2017, 17.6 percent 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