Vice President Dang Thi Ngoc Thinh attended a business woman talkshow in Hanoi on May 2 as part of the Vietnam Private Sector Economic Forum.

At the talkshow 

She said women make up about 48 percent of the labour force in Vietnam. In the business sector, around 25 percent of women are chief executive officers (CEOs) or members of the board of directors.

Vietnam is integrating extensively and intensively into the regional and global economy with its participation in new-generation free trade agreements (FTAs), she said.

Businesses in general and female-owned ones in particular are facing various challenges, especially fiercer competition, she added.

In that context, the women-owned enterprises need to implement effectively the Party and State’s policies on socio-economic development and international integration, the leader said.

She suggested applying advanced science-technology to increase labour productivity and create more international-standard products and services, while seeking to involve more deeply in the global value chain.

The Vice President affirmed that the Party and State always prioritise ensuring gender equality, enabling women to do business, and encouraging them to join socio-political organisations.

At the talkshows, participants discussed challenges and difficulties that women encounter in the economy and proposed measures to raise their role and position in the business community.