Mai Kieu Lien of Vietnam Dairy Products JSC (Vinamilk) and Pham Thi Viet Nga of DHG Pharmaceutical JSC, Ltd., have been placed 27th and 31st respectively in Asia’s 2013 list of 50 Businesswomen In The Mix, conducted by US business magazine Forbes.
According to the magazine, Vinamilk is one of the most profitable brands in Vietnam and a blue chip on the local stock exchange. Since it was listed in the stock market in 2006, the firm has grown consistently in both revenues and profits. Despite the economic slump, revenues of Vinamilk still increased by 23 percent to US$1.3 billion while net profit rose nearly 40 percent up to $280 million.
Lien, 59, has contributed to popularizing products of company into international markets with a wide range of products to 23 countries in the world so far and is aiming to make Vinamilk one of the 50 largest milk firm in the world in the next five years.
She is also the first Vietnamese to be named Asia Asia’s Best CEO by Hong Kong magazine Corporate Governance in the “investor relations” category early this year. Last year, Forbes listed Lien among Asia's 50 most successful businesswomen.
| Pham Thi Viet Nga, CEO of DHG Pharmaceutical JSC
Nga, 61, is praised by the magazine for her outstanding achievements since she joined DHG Pharmaceutical JSC, based in the Mekong Delta province of Can Tho, in 1988. She has helped to turn a company on the edge of bankruptcy into Vietnam’s biggest publicly traded drug company.
DHG currently produces and trades more than 300 pharmaceutical products and is also involved in the manufacture of containers and packaging. Its net profit rose by 18 percent to $24 million last year.