Mr. Pham Nhat Vuong’s ‘Empire’ has only 37.3% female staff but female leaders account for 59%, banking is a ‘sanctuary’ for women except for Sacombank

According to the 2024 report, among the 21 largest companies in Vietnam, 11 have more male than female staff. Hoa Phat Group (HPG) has less than 12% female staff, while the banking sector has about 60% females. Vingroup (VIC), with only 37.3% female staff, boasts 59% of leadership positions held by women, reflecting Mr. Pham Nhat Vuong’s philosophy of promoting female leadership. In contrast, Masan Group (MSN) has over 62% female staff, but only 43% in management. Sacombank has the lowest female staff and leadership ratio in banking. Despite high female labor participation (over 70%), Vietnamese women face inequality in advancement opportunities and bear a heavier load of family responsibilities, holding only about 25% of leadership positions.