Vietjet founder ranks 55 on Forbes worlds 100 most powerful women

first_imgVietjet founder ranks 55 on Forbes world’s 100 most powerful womenVietjet founder ranks 55 on Forbes world’s 100 most powerful womenLess than a decade ago, Nguyen Thi Phuong Thao was little known to the world, let alone in her country, Vietnam. However, now at 47, she has been listed at number 55 in the World’s 100 Most Powerful Women list by Forbes.No stranger to Forbes’ highly revered lists, she also ranked 62 in the same list last year and with a current net worth of USD 1.94 billion, she is also Vietnam’s first woman billionaire (being one of the only two billionaires in the country) and Southeast Asia’s first woman billionaire to be named on this year’s World’s Self-Made Women Billionaires list.Popularly recognised for her immense success over the last few years in the aviation industry, a sector typically dominated by men, she earlier this year took public Vietjet – her budget airline which she launched just six years ago, disrupting the local industry previously dominated by Vietnam’s national carrier.In a short period of time, she was able to almost single-handedly covert a relatively non-existent industry in Vietnam into a thriving low-cost carrier now taking Asia and the world by storm.With a vision of becoming a favourite multinational airline, Vietjet continuously dedicates itself to spur the future of air travel by breathing a breath of fresh air into the industry to support foray into new international markets.Indeed, Madam Thao’s brilliance and expertise has placed Vietjet Air in a good position within the market. Today, Vietjet is one of the fastest growing airlines in the world, and a force to be reckoned with in the international aviation industry. Currently operating 73 routes across the Southeast Asian region, the airline’s fleet of more than 45 aircraft runs over 350 flights every day.The airline’s turnover, too, has never been better. In the first six months of 2017 alone, the company earned more than USD 721.7 million in total revenue, while pocketing USD 78.8 million in net profit – up a whopping 45 percent from the same period last year. By June 30, Vietjet’s total assets reached over USD 1.08 billion and equity of USD 321.2 million, an annual increase of 49.6 percent and 11.9 percent respectively – an inspiring testament of a visionary leader, well deserving of her place in Forbes’ World’s 100 Most Powerful Women list.This year’s list, ranked by dollars controlled, impact, spheres of influence and media presence — boasts 23 newcomers, a record for the Forbes Power Women list, with new women stepping in to power in politics, technology, business and media.Topping the list is German Chancellor Angela Merkel, who retains the top spot for the seventh consecutive year and Melinda Gates (#3), co-chair of the Bill & Melinda Gates Foundation. Meanwhile, Facebook COO Sheryl Sandberg (# 4) and GM CEO Mary Barra (#5) complete the top five on the list.Other notable women on the list include Ivanka Trump (#19), Oprah Winfrey (#21), Britain’s Queen Elizabeth II (#26), Beyonce Knowles (#50), Hillary Clinton (#65), Taylor Swift (#85) and J.K. Rowling (#88).“It is truly an honour to be on this highly heralded list. However, while it’s truly humbling to be listed among other notable women around the world, my main focus remains on Vietjet and the brand and its expansion. Indeed, I am truly fortunate to be working with such a great team. I owe my success to them, and together, we hope to chart new skies moving forward into 2018,” says Madam Thao.Some of Vietjet’s more immediate plans for expansion moving into 2018 include opening six new routes in this fourth quarter, increasing the total new routes by 19 for the year 2017.Source = Vietjetlast_img read more