Two Vietnamese CEO among top 50 businesswomen in Asia

March 19, 2013 | 08:34

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Mai Kieu Lien, Chairman and CEO of Vietnam Dairy Products Joint Stock Company (Vinamilk) and Pham Thi Viet Nga, Chairman of DHG Pharmaceutical Joint Stock Co, Ltd have been placed 27th and 31st in the Forbes Asia’s 2013 list of 50 Businesswomen In The Mix.

Ms Mai Kieu Lien Forbes commented that Vinamilk is one of the most profitable brands in Vietnam and a blue chip on the local stock exchange. Vinamilk has achieved consistent growth in revenue and profit since its stock market listing in 2006.

Despite a difficult year for most companies in Vietnam, Vinamilk booked a 23 per cent rise in 2012 sales to $1.3 billion while net profit jumped nearly 40 per cent to $280 million.

Ms Lien has propelled the dairy company into international markets with a wide range of products to 23 countries in the world. Last year, Forbes listed Ms Lien among Asia's 50 most successful businesswomen.

The magazine also praised Ms Nga for her outstanding achievements since she joined DHG in 1998 to transform what was a merger of several small, ailing state-owned enterprises on the verge of bankruptcy into the country’s biggest publicly traded drug company.

Ms Pham Thi Viet Nga DHG currently produces and markets more than 300 pharmaceutical products and is also involved in the manufacture of containers and packaging. Its net profit jumped 18 per cent to $24 million, on $140 million in revenue, last year.

VOV

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★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional