Mylina Group, one of the leading companies in various fields in Vietnam, recently announced the commitment to the Women’s Empowerment Principles. This significant event took place on October 12, 2023, in Ho Chi Minh City, as part of the seminar titled “Empowering Women-Owned Businesses and Fostering Gender-Responsive Practices in Supply Chains” The event was organized by the Vietnam Women Entrepreneurs Council, the Vietnam Chamber of Commerce and Industry (VCCI), and The United Nations Entity for Gender Equality and the Empowerment of Women (UN Women).

Mylina Group’s participation aims to promote solutions that support women-owned businesses in supply chains and advocate for gender equality principles in procurement activities. Reports of the seminar present over 20% of small and medium-sized business owners, with 51% of Viet Namese enterprises having women among their ownership,  ranks a higher proportion compared to other countries.

However, women-owned businesses predominantly occupy lower-tier positions within various industries’ supply chains, often struggling to meet the procurement requirements set by larger companies. The reasons include low competitiveness, limitations in business management capabilities, access to information and technology, the burden of family responsibilities, and a lack of business support networks for women. Gender equality policies in corporate leadership are also limited and dilatory.

Caroline Nyamayemobe, the Head of the UN Women’s Office in Vietnam, emphasized that countries with higher gender equality in their economies often experience faster growth and stronger competitiveness. Prioritizing procurement from women-owned and gender-responsible businesses not only creates economic opportunities for women but also advances gender equality in Vietnam. This contributes significantly to enhancing the country’s reputation, attracting investments, and promoting sustainable development.

By signing the Memorandum of Understanding on the Statement of Support for the Women’s Empowerment Principles (WEPs), Mylina Group demonstrates commitment to advancing gender equality and supporting women in business. The company will promote the creation of a fair and inclusive environment for women, ensuring their rights and development opportunities. Mylina Group also commits to taking measures to enhance women’s participation in supply chains and procurement, as well as to improve the management capacity and technology access of women-led businesses.

Through this agreement, Mylina Group hopes to spread the message of gender equality and inspire other businesses to join in this effort. The company will also collaborate closely with relevant organizations and agencies to promote the implementation of gender equality principles and create a conducive business environment for women.

The Statement of Support for the Women’s Empowerment Principles represents a significant step towards building an equitable and sustainable society in Vietnam. Support measures and encouragement for women-led businesses will play a crucial role in enhancing the status and role of women in the economy, benefiting both society and our nation’s economy.


Bài viết liên quan

In the hard phase of the Covid-19 pandemic, Mylina Group not only stood firm in the face of challenges but...

Entrepreneur Lâm Thị Mỹ Dung – Chairwoman of Mylina Group, recently received the prestigious title of “Outstanding Leader in Asia-Pacific”...

As technological advancements continue to unfold daily, businesses must strategize to train a technical team with in-depth knowledge of emerging...