WOMEN CEO INDEXES – History

2013 seems to be the year of Vietnamese women, and especially Vietnamese businesswoman.

• Mai Kieu Lien, Vinamilk Corporation Chairwoman cum CEO, is among Asian CEOs, who have been granted the 2012 Asian Excellence Recognition Award in Investor Relations by the Corporate Governance Asia Journal. She is also the first and only Vietnamese CEO who has shared the honor with other leaders from large groups in Asia, such as China Telecom, Maybank, DBS Group, Singapore Airlines, HTC, …
• In the same time, Mai Kieu Lien and Pham Thi Viet Nga, Chairwoman of DHG Pharmaceutical Joint Stock Co, Ltd were listed on Forbes Asia’s Women in the Mix, 2013: The year’s Top 50 for Achievement in Business.

These successes show that Vietnam women are contributing a significant role in the economy.

Therefore, it’s attractive to make an empirical research about the company’s performance which has women leader in the stock market and create a thematic index of this kind.

The Vietnam women CEO research and its indexes have objectives:

• confirm Vietnamese women position in the stock market
• promote the empowerment and the interest in the women role
• promote the researchers to participate in a practical subject
• create a financial product

Women CEO Index is a tool to promote its constituents’ business, its leader (CEO), and attracts the investment

The IFRC Vietnam WOMEN CEO indices are a precursor (launched on 2013), for a long time, other index providers have followed suit:

• MSCI World Women’s Leadership Index (2016, 607 components, value = 100)
• Hypatia Women CEO Index (2021, 118 components, Base date = 2017-12-29, value=100)

Funds and ETFs are even issued on this theme to allow investors to increase their performance.