Mr. Pham Nhat Vuong’s ‘Empire’ Has Only 37.3% Female Staff but Female Leaders Make Up 59%, Banks Are ‘Sanctuaries’ for Women Except Sacombank

The 2024 annual report reveals that among the 21 largest corporations in Vietnam, 11 have low female staff ratios, especially in heavy industries. In contrast, the banking sector has a high female workforce of about 60%, with Sacombank at only 48.28% female employees. At Vingroup, women account for 37.3% of total staff but hold 59% of managerial positions, reflecting Mr. Pham Nhat Vuong’s emphasis on female leadership. However, not all subsidiaries like Vinhomes or Masan Group demonstrate gender balance in management. Despite women constituting over 70% of the labor force, they still face inequalities, holding only about 25% of leadership positions. This disparity is linked to “double burden,” impacting their career advancement.