Articles worth reading
Image : Will Vietnam become an emerging market in three years?

Will Vietnam become an emerging market in three years?

person Orange Themes access_time Nov 20,2016

The Vietnamese stock market has been listed by Morgan Stanley Capital International (MSCI) as a frontier market. Will it be upgraded into an emerging market in three or five years?

Image : US unemployment rate falls to 4.9% on solid job creation

US unemployment rate falls to 4.9% on solid job creation

person Orange Themes access_time Nov 04,2016

The US economy added a solid 161,000 jobs in October while the unemployment rate fell to 4.9 percent, according to Labor Department figures released Friday. In a show of steady momentum in the world's largest economy, the department revised upward

Image : Local airlines plan new services, more seats in peak summer travel season

Local airlines plan new services, more seats in peak summer travel season

person Orange Themes access_time May 31,2017

Bao Moi - Domestic airlines are planning to launch new routes and operate additional flights to meet growing demand during the peak summer travel season.

Latest blog articles

Vietnam a rare bright spot for women as men continue to rule corporate Asia

access_time Jun 17,2017 chat_bubble_outline 27 views
Vietnam a rare bright spot for women as men continue to rule corporate Asia

A woman is shown standing among men in Hong Kong in a file photo. A new study has found that gender diversity is among the worst in Asia's company boardrooms. Photo by Reuters/Paul Yeung


Vietnam and Malaysia outshine developed economies in Asia, where gender diversity in company boardrooms has been found to be among the lowest in the world despite recent progress.


Deloitte LLP, looking into 7,000 companies in 64 economies, has found that women account for only 7.8 percent of board directors in Asia. That is a little higher than in Latin and South America, but is far below Europe’s 22.6 percent — the highest ratio that should also be higher.


As expected, Japan, South Korea and Taiwan rank among the regional bottom.


Vietnam performs much better: its women make up 17.6 percent of boards. In Malaysia, that is 13.7 percent and for Singapore, 10.2 percent.


Deloitte has pointed out that in Vietnam, there are no gender quotas for women on boards. The country aims to bring the ratio of female entrepreneurs to 35 percent by 2020, it adds.


Ha Thi Thu Thanh, chairwoman of Deloitte Vietnam, said in a statement that with 50 percent of the population being women and the percentage of women-owned enterprises reaching 30 percent in 2015, “Vietnam is seeing a growing number of women serving on boards.”


“Having female board members helps broaden company perspectives with more creative ideas and decisions for their sustainable development,” she said.


“In fact, over the past 25 years, after the Law on Enterprise came into effect, businesses led by women have been seen to grow steadily and sustainably in Vietnam. We are certainly on our way to supporting our women to win,” Thanh said.



Studies show more diverse boards are generally associated with making better decisions and profits for their companies, Bloomberg quoted Marleen Dieleman, an associate professor of strategy and policy at the National University of Singapore, as saying.


“You need to have sufficient variety, in terms of viewpoints, experience etc., at the board level to successfully deal with the complexity of your environment,” Dieleman told Bloomberg.


While Deloitte’s study suggests a somewhat favorable environment for Vietnamese women, it should be noted that stark gender inequality still exists in the country and around the world.


Advocacy group Oxfam has said in a report in March that governments and businesses should look at ways to improve the quality and security of women's economic opportunities, ensuring their fair income, secure contracts and safe working conditions.


In the report, entitled "An economy that works for women,” Oxfam interviewed women in garment factories in Vietnam and Myanmar, who work 12 hours a day, sometimes 18 hours and through the night, six days a week. Still, they are not earning enough to sustain themselves and their families, the report said.


Earlier, in a separate report in February, Oxfam pointed out that in the local media, female leaders are more likely to be associated with family and appearance.


Many news reports, it said, keep reinforcing this stereotypical ideal of female leaders: they have to be able to handle their family roles as traditional women, and in the workplace as modern women.


[/i] Share on Facebook
[/i] Share on Twitter
Tags:
gender equality
business
economy
FBI releases 17-year old archive from Clinton pardon case

WASHINGTON (AP) — The FBI has released a 17-year-old archive of documents from a long-closed investigation into Bill Clinton's presidential pardon of a fugitive financier.The release comes a week before the presidential election and amid the bureau's controversially timed review of emails from a Hillary Clinton aide.The 129 pages of heavily censored material have been published on the FBI's Freedom of Information Act webpage. FBI officials say the documents had been requested under the federal… chat_bubble_outline Read More...

Singapore jails two Vietnamese rare bird smugglers

{PAGEBREAK} One of the 12 smuggled Chinese Hwamei birds was found dead. Photo courtesy of the Agri-Food and Veterinary Authority of Singapore. Two Vietnamese men will spend six months in prison for illegally importing 12 endangered songbirds into Singapore. On Thursday, the Agri-Food and Veterinary Authority of Singapore (AVA) announced that the duo had tried to smuggle 12 Chinese Hwamei birds on a flight from Vietnam to Singapore on December 9. Officers from the Immigration and Checkpoints… chat_bubble_outline Read More...

Ethiopian reshuffle offers concessions to protesters

Addis Ababa (AFP) - Ethiopia's prime minister on Tuesday reshuffled his cabinet to create a more ethnically diverse team after an unprecedented wave of protests.Hailemariam Desalegn had promised the reshuffle after imposing a six-month state of emergency in October.In the reshuffle, Hailemariam gave senior roles to two politicians from the Oromo people who have spearheaded sometimes deadly anti-government protests over the last year, reducing the dominance of the minority Tigrayans.The new… chat_bubble_outline Read More...

China June FDI jumps 9.7 pct y/y to $15.2 bln

Read on the original site chat_bubble_outline Read More...

Falling in love with Taipei: the ultimate Southeast Asian expat escape

Mt. Qixing, Taipei's highest peak, can be accesssed via the city's incredible public transit system, assuming you're up for the brisk hike. At some point in Taipei, you accept that you have won the Southeast Asian vacation jackpot. The realization comes like a string of tapioca pearls -- most arrive in a steady stream, but the final few pop up and surprise you. You understand immediately that most things work marvelously well (trains, traffic, the internet) but so does a city-wide system that… chat_bubble_outline Read More...

folder_open Assigned tags

Comments

Loading...

Trends in Singapore

Trends in Indonesia

Trends in Philippin