Vietnam bestowed the title of Labour Hero on entrepreneur Dr. Nguyen Thi Phuong Thao on the 27th of December at the 11th National Patriotic Emulation Congress for her constant contributions in various fields.
The award is also indicative of the new generation of businesspeople in Vietnam, who are known for their globalisation, technology, social responsibilities, and national development.
For more than three decades, Dr. Nguyen has been engaged in important sectors of the economy, such as aviation, finance and banking, investment, and technology.
Her efforts have been focused on the principles of innovation, technology-enabled growth, and the integration of the expansion of businesses with the interests of the nation.
Her endeavors have helped create worth for consumers, gains for shareholders, employment, and economic activity. She has also been engaged in community development programs that have helped the youth, women, and children.
In the aviation industry, he established and headed the country’s first ever private airline, which has contributed to the development of air transportation in Vietnam and increased connectivity between Vietnam and other nations through trade, tourism, investment, and cultural exchanges.
The achievements of her endeavors also include her efforts in finding technology-based solutions for overcoming obstacles in aviation and airport transformation, implementing biometric check-in technology, technology-based solutions during the COVID-19 crisis, and her support for stabilizing the Ho Chi Minh City Stock Exchange system.
Internationally, there have been increased agreements on cooperation and trade partnerships with world businesses, which have supported investment and trade, as well as the internationalization of Vietnamese businesses.
All these have contributed to the increased engagement of Vietnamese businesses in global value chains.
Besides the business acumen, Nguyen is also involved with various social causes related to social welfare, education, women, children, and marginalized communities, as well as educational scholarships.
She emphasizes the relevance of aligning economic development with human development, specifically the role of women in economic development.
After the ceremony, Nguyen spoke about how she has been inspired by the patriotic emulation movement organized by President Ho Chi Minh.
The companies under her management have continued to implement organizational structures that are consistent with the national initiatives, with the involvement of employees belonging to party, youth, and trade union organizations.
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