(PNJ) – The newsletter dated 07 April 2016 about Asia’s 50 Power Businesswomen 2016 becomes the Hot News on Forbes Asia. In this list, there are three Vietnamese Businesswomen: Ms. Cao Thi Ngoc Dung – Chairwoman and General Director of Phu Nhuan Jewelry Joint Stock Company (PNJ), Ms. Nguyen Thi Phuong Thao – General Director of Vietjet Air, Ms. Thai Huong – Chairwoman of TH Group. Especially, Ms. Cao Thi Ngoc Dung is honored to be ranked the third by Forbes.
Ms. Cao Thi Ngoc Dung used to be compared as “the soul of PNJ” by Forbes Vietnam
The list of Asia’s 50 Power Businesswomen of Forbes Asia is to acknowledge and glorify women with great contributions to the world’s economy in general and Asia’s economy in particular. The criterion for selection of Forbes Asia is dynamic senior businesswomen with outstanding leadership and positive contributions to the world’s economy in general and Asia’s economy in particular during the last year, whose company’s annual revenue is over US$100 million.
The screenshot of Forbes Asia on 07 April 2016
The businesswomen selected in the List 2016 of Forbes Asia come from 14 countries. Ranking the first is China and Hong Kong with 14 representatives, then India with 08 representatives, 05 representatives from Thailand, and 04 representatives from Japan. Singapore, Australia, Indonesia and Vietnam have 03 representatives; South Korea and Philippines have 02 representatives; Macau, Taiwan and New Zealand have 01 representative.
Most of the countries’ representatives in the Forbes Asia list of this year belong to the production industry. Nearly 25% of new representatives in the list belong to the technology industry. For Vietnam, Ms. Cao Thi Ngoc Dung – Chairwoman and General Director of Phu Nhuan Jewelry Joint Stock Company (PNJ) and Ms. Nguyen Thi Phuong Thao – General Director of Vietjet Air are 2 among 27 new representatives of this year.
In addition to the market development strategies and the increase in annual revenue and profits for PNJ, Ms. Cao Thi Ngoc Dung pays special attention to the charity work – which she identifies as the company’s responsibility. In 2015, she was the person proposing the program of building PNJ house for the poor nationwide and actively participating in the trips to donate houses and gifts to the poor. In the picture is her happy moment when seeing a young couple in Binh Phuoc province now settling in their solid concrete house to bring up their children.
The newsletter dated 07 April on Forbes Asia states: “Ms. Cao Thi Ngoc Dung, 58 years old, Chairwoman and General Director of PNJ (Vietnam). She founded Phu Nhuan Jewelry Joint Stock Company in 1998 (actually in 1988). Beginning with one store, she has built PNJ into the largest jewelry brand in Vietnam, with more than 3,000 employees and 200 stores. In 2015, PNJ’s revenue was US$350 million and the profit was US$23 million. Sometimes, PNJ is called Tiffany of Vietnam because like the jewelry brands in the United States, PNJ designs, produces and sells their products. Since 2004, Ms. Dung has owned 17% of PNJ’s shares after PNJ was changed to joint stock company”.
Ms. Cao Thi Ngoc Dung (center position) at the Vietnam International Fashion Week 2015 held in October 2015 and the two gold jewelry brand ambassadors: singer My Linh and artist Kim Xuan
Apart from the executive role at PNJ, Ms. Cao Thi Ngoc Dung is also the Chairwoman and founder of Ho Chi Minh City Association For Women Executives and Entrepreneurs (Hawee) with many useful activities bringing back the reputation in the women entrepreneur community, such as the International Forum “Women’s Leadership for Sustainable Development” on the one–year anniversary of Hawee establishment in HCMC held on 05 March 2016
2016 is the 5th year that Forbes Asia publishes the list of Asia’s 50 Power Businesswomen. Former Chairwoman of Vinamilk – Ms. Mai Kieu Lien – was in this list for 4 consecutive times from 2012 to 2015. In the following years, Vietnam had more representatives like Ms. Pham Thi Nga – Chairwoman of DHG Pharmaceutical Joint Stock Company, Ms. Nguyen Thi Mai Thanh – Chairwoman and General Director of REE and Ms. Nguyen Thi Nga – Chairwoman of Seabank.
In March 2016, Ms. Cao Thi Ngoc Dung was ranked the 8th among the 20 most influential women in Vietnam by Forbes Vietnam.