VN: Females hold 36% of senior management positions
10:30 | 21/10/2019

VGP – Vietnamese female workers usually hold leading management positions including financial directors (36%); CEO (30%), and human resource directors or marketing directors (25%).

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The HSBC recently published a special report named She's the Business. Accordingly, more than a third of female entrepreneurs who took part in a recent survey by HSBC Private Banking said they had experienced gender bias when pitching to investors.

Some faced intrusive questions about their family circumstances. Others said investor panels focused heavily on the downsides of their business plan.

The research, based on a survey of 1,200 entrepreneurs from across the world, also reveals that women secure on average 5 per cent less funding than their male counterparts.

The report found a range of reasons for this gap. One issue is that women starting out as entrepreneurs have limited access to successful female mentors. This makes it harder for them to build the confidence and connections to navigate the start-up environment.

As more women set up their own businesses, grow their wealth and become investors themselves, the gender imbalance will gradually diminish. But the entrepreneurs taking part in our research suggested there are a number of steps that could be taken to level the playing field now.

Another report of Grant Thornton themed Women in Business 2019 showing that females hold 29% of senior management positions in the world. In ASEAN, about 94% of enterprises have at least one female senior manager each. Female senor managers accounted for 28%. 

In Viet Nam, females owned 36% of senior management positions after the Philippines with 37.5%. Female workers usually hold four senior management titles including financial directors (36%); CEO (30%), and human resource directors or marketing directors (25%). 

The Mastercard Index Women Entrepreneurs 2018 reported that due to needs for survival, Vietnamese workers often prefer small-sized business modals with less technology. Female workers find it difficult to become female entrepreneurs as only one in four leaders are females./.

By Kim Loan  

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