Vietnamese billionaire nguyen thi phuong thao is a name that is not too far away from the vietnamese people

MGT103
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Introduce

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For a business, a company or a certain group, the role of a manager or leader is
extremely important. A business that survives and grows or declines will also
depend mostly on the leader. To be a good manager, or a good leader, they must
first have the foresight, the ability to connect that vision with many ideas. They are
the ones who dare to dream, dare to be different and accept those successes or
failures. Moreover, they also need to have the capacity as well as the efforts on
their part. In Vietnam, our country also has extremely good leaders, and
successful entrepreneurs both at home and abroad. In particular, it must be
mentioned that the female "dollar billionaire" power in Vietnam – is Ms. Nguyen
Thi Phuong Thao.

Vietnamese billionaire Nguyen Thi Phuong Thao is a name that is not too far
away from the Vietnamese people. She is the Founder and CEO of Vietjet Air (A
low-Cost Airline in Vietnam) which is a global portrait. Her name is known to the
world for the success of the low-

cost airline branded Vietnam.
Ms. Nguyen Thi Phuong Thao - Founder and CEO of Vietjet Air.

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Ms. Nguyen Thi Phuong Thao is a very successful businesswoman. Before
becoming Vice President of Vietjet, the businesswoman was involved in many
other fields. With her intelligence and awareness, she quickly gained a foothold
in the business world. She also became a rare face compared to the male
businessmen in the world. Speaking of her personality and business perspective,
a lot of people show admiration and admiration.

Not only is she talented, she is also a user of her intellect, constantly learning,
waiting for opportunities and gradually developing her career:

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At the age of 21, ms. Nguyen Thi Phuong Thao quickly earned $ 1

million thanks to the business of rubber plastic and fax machines.
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Not long after, Thao returned to Vietnam and contributed capital to

establish Techcombank, followed by VIB Bank. These two banks are among the
first private banks in Vietnam.
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After 25 years in the market, the female CEO is now one of Vietnam's

first billionaires. The majority of her assets are from shares of Vietjet Air and the
65-hectare real estate project, Dragon City (Phu Long) in Ho Chi Minh City.

Known from a young age, Ms. Nguyen Thi Phuong Thao's name has always
been associated with Vietjet Air. In order to achieve today's success, she and
Vietjet Air have gone through many hardships and challenges. And also, Ms.
Nguyen Thi Phuong Thao - a businesswoman with strong energy, spreading
inspiration to the community. Her successes in the international market inspired
not just one or more countries but global.

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CEO Nguyen Thi Phuong Thao once said not to save on dreams, to think big, to
think differently, to dream is unlimited: "It is not technology that changes the world
but the human dream that has changed the world; Technology is just a tool, only
created from human dreams," she said of the 4.0 revolution. To inspire women,
she said, "Thanks to science and technology, I and many businesswomen have
the opportunity to realize their dreams. Giving recruiting opportunities to women
in the fields of technology and high technology will promote changes in thinking
and perceptions in the career orientation of young people, changing society's
stereotypes about gender."

What the billionaire said was attested to by the successes that the community
recognized. Vietjet reached out to the world, affirming a Vietnamese brand of
unexpected stature. Economic analysts and leaders of many countries have
respectful assessments of Vietjet and ceo Nguyen Thi Phuong Thao personally.

Views in business
Ms. Nguyen Thi Phuong Thao shared her business view that she does not use
the guise, she always dreams big, does business honestly and confidently. Many
people commented that Thao is a very passionate person, she does not like to
talk but to start working as soon as needed. Her staff said that "it's normal for the
general manager's office to light up at 2 to 3 a.m., even during the holidays." It
can be seen that Ms. Thao is a woman with a very strong warrior spirit. This
makes everyone who has the opportunity to interact with her admire this
extraordinary woman.

The leadership philosophy of Vietnamese billionaires: "Treat the company
as a child, treat employees as relatives"

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Many people who work with her say her leadership philosophy is probably
leadership with an honest, sincere soul. They have seen the CEO of Vietjet
shoulder the mission, realizing the vision of the business with that mentality on a
daily basis. In the international business market, extremely fierce competition,
the qualities of Asian women seem to be strengths. It is the standard, the
standard in the work, including the calculation beforehand so that it is
reasonable, thoughtful to achieve success in everything and the lightness,
femininity

in

management,

the

self-assurance

comes

from

sincerity,

understanding in management, executive.

In Thao's speech at the APEC CEO Summit 2017, in front of thousands of global
CEOs, she also shared that she "treats the company as a child, treats employees
like relatives". It is this way of life that makes her not feel lonely as many
business leaders often experience.
In fact, the management experience that the billionaire shared is not so farfetched. It is the individual leader who must have the highest will to be
determined, honest, honest and exemplary at the forefront. It was her determined
will and the leader's leading role in her associates that created trust and
motivation for those around her. But to accomplish these things is not easy,
requiring the business leader not only to have a high sense of responsibility, but
also to sacrifice for the most work. She called it exemplary at the forefront.

"For me, when entering a new field, it is necessary for entrepreneurs to have a
passion for this field, to be motivated to motivate themselves to achieve their
goals, as the mission that the entrepreneur has embarked on and gradually
conquer the ladder to success. For me personally, there's a little more romance.
Someone

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once told me to dream big dreams and act like an angel," she told Forbes.

With a "soft-strapped" mindset, Thao has led Vietjet, from the original low-cost
airline start-up with a small number of aircraft has risen spectacularly, becoming
the second-largest airline in Southeast Asia, surpassing Vietnam Airlines and
AirAsia, only accepting to be behind Singapore Airlines.

Nguyen Thi Phuong Thao is an extremely hardworking businesswoman. For her,
the working days that stretched from 5 a.m. to 2 p.m. the next night were not
anything too unusual or impossible. When asked about her wealth, she told
Bloomberg: "I've never sat down and calculated my wealth. I'm just focused on
growing the company, increasing the average salary for my employees, and
steering VietJet to the goal of gaining more market share and quickly leading the
way."

Hard work is not enough, the word “TRUST” is the core value Ms. Thao created
for her business. For her, in addition to hard work, honesty was the virtue that
helped her succeed as she is today. Speaking about the difficult start-up days of
the past, she said: "I used to work hard and try to build the trust of suppliers by
being honest with them. Back then, I didn't have much money, it was because of
this belief that they gave me more products and allowed me to be paid more
slowly."

In addition to her talents, experiences, and success in the economic field, Ms.
Nguyen Thi Phuong Thao Loi also strives to bring new values and good values to
the culture and civilization of the Fatherland for other countries.

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On April 14, 2021, Ambassador of the French Republic to Vietnam Nicolas
Warnery on behalf of French President E. Macron presented the Legion of Honor
to Ms. Nguyen Thi Phuong Thao – Southeas Asia's first self-made female
billionaire, who is also the first Vietnamese businesswoman to be awarded this
noble medal. At the ceremony, Ambassador Nicolas Warnery honored the
contributions of Ms. Nguyen Thi Phuong Thao, highly appreciated the vision,
wisdom, and kindness, business philosophy for the development of the
community, for the future generation of businesswomen, he also thanked the
businesses she led such as Sovico, Vietjet, HDBank... have always accompanied
and cooperated with French businesses and French people, especially during the
covid-19 epidemic. During the Covid season, Phuong Thao's Vietjet Airline has
conducted thousands of rescue and relief flights, donating millions of medical
masks to people in the UK, France, Germany, USA...

Unesco's Representative in Vietnam, Michael Croft, also paid tribute to Vietjet's
Director-General. Madame Thao has clearly demonstrated a
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vision that transcends conventional business thinking. She understands that
business is kind, corporate responsibility is the foundation for going beyond
financial strength. This is probably due to her deep understanding of the role of
business in a broad society and a kind heart in addition to her visionary beyond
her.

At the award ceremony, Ms. Nguyen Thi Phuong Thao stated that;"
Today's medal of honor is with my beloved colleagues, more than
30,000 employees of Sovico Group, Vietjet, HDBank who are working hard to
give their all." She was not only a successful entrepreneur, but also a humble,

exemplary woman who recognized everyone's efforts and initiatives.
According to Ms. Nguyen Thi Phuong Thao, as the leader of the organization,
especially the larger the organization and the global operation, she herself wants
to integrate with the world. The responsibility of female leaders is to have a
strategic vision, practical experience in cooperation, international relations,
nurture the aspiration to build a business, create products of outstanding value.

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Only then will we have the right place in the economy and, more broadly, a
certain place in the global sector. We have the goal of creating new values to
contribute to, building a prosperous and enduring country. With the responsibility
of leaders, organizations, and especially large enterprises, we also set the goal
of responsibility to the community, to the environment.

The world has many airlines, but to be successful, to reach a large scale, have a
network of flights and a large spread is not much. And there will also be
challenges coming from the natural monopoly mechanism at airports, or unfair
competition in the industry. Ms. Thao shared: "Our development strategy is to
avoid competition but to expand new customers, new markets, new airports ...
We continue to maintain our position and will build a spirit of association with new
carriers so that we can build a healthy aviation market together."

In the spirit of creating an airline for the people, remote transportation for the
people and a low cost that everyone can afford, not as expensive as other
aircraft, she has created a successful brand of her and created the trust of
everyone.

CEO Vietjet Nguyễn Thị Phương Thảo- Tiền nhiều để hiện thực hóa những ước mơ cao đẹp - TuZi Tr[Online.mp4

For Ms. Nguyen Thi Phuong Thao, one of the main principles in the management
of human resources is: "Treat the company as a child, treat employees as
relatives". The management experiences that women share are not so farfetched. It is the individual leader who must have the highest will to be
determined, honest, honest and exemplary at the forefront. It was her determined
will and the leader's
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leading role in her associates that created trust and motivation for those around
her. But to accomplish these things is not easy, requiring the business leader not
only to have a high sense of responsibility, but also to sacrifice for the most work.
She called it exemplary at the forefront. That was done by her in a very good
way.
The management principles that Ms. Nguyen Thi Phuong Thao applied in
the lesson are:
The management principles that Ms. Nguyen Thi Phuong Thao applied in the
lesson are:
Organizational goals: also provide guidance and a unified direction for everyone
in the organization, goals can serve as a source of motivation for all employees in
the organization, and the goal is to provide a mechanism effective for evaluation
and control. For Ms. Nguyen Thi Phuong Thao, setting goals is very important, it
will help us have a clear direction in our work and achieve our goals. She also
once said, "Don't skimp on dreams. Dream big dreams and make them come
true by taking action every day". Having a dream will have a goal, and let that
dream be a goal to try harder.

Leadership: is the process of influencing people, so that they work voluntarily for
the common goals of the organization or business. Like Ms. Nguyen Thi Phuong
Thao, who inspires everyone, who has a vision, motivates, encourages, orients,

and supports employees to achieve the set goals.

Time management skills: a manager's ability to prioritize work, work effectively,
and delegate appropriately. Ms. Nguyen Thi Phuong Thao's time management
skills are very good and effective, it is normal to stay up until 2-3 am to work.
Outside of work, she also spends time

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volunteering and spending time with her family and children. She is such a
successful woman both at work and at home.
Conclusion
In my opinion, Ms. Nguyen Thi Phuong Thao is indeed a talented businessman, a
woman who always sets her goals and goals and implements them to the fullest.
A person who has inspired people to "dare to dream, dare to fulfill". Every
statement, initiative, and action of Ms. Nguyen Thi Phuong Thao has a positive
influence on the domestic and international community. This not only confirms the
stature of an intellectual, innovative, and inspiring businesswoman, but also the
image that represents the warmth and love of traditional Vietnamese women.

With contributions to the development of the country's economy, for a strong
Vietnamese future, billionaire Nguyen Thi Phuong Thao is one of the models of
Asian women who are knowledgeable, creative, compassionate, "good at water,
housework" idols and endless inspirations for many women in the world.

REFERENCE
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The content of the subject of Introduction to Management of Mr.Hiep

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Reference websites:
1. Tuoi Tre_Lots of money to make your dreams come true.
Retrieved June 26, 2022 from:
/>
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fbclid=IwAR3tC0BBhamV0Si3ZPOjQ0WTKTNU9yDs5rMJVT9yx62Wvj59FIV4MqjtgQ
2.

CTV_ DangCongSan (18/04/2021), Ms. Nguyen Thi Phuong Thao

commits tireless efforts to bring new values, Retrieved
June 26, 2022 from:
/>3.

Doanh Nhan Online (May 25, 2022), Who is Nguyen Thi Phuong Thao?

Biography & career of female CEO VietJet,
Retrieved June 25, 2022 from:
/>4.

Nguoi Dua Tin_ Billionaire Nguyen Thi Phuong Thao_hot heart
behind a cold head, Retrieved June 25, 2022 from:
/>
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