Vietjet CEO, dreams to transform the world

VietJet CEO Nguyen Thi Phuong Thao: “It is not technology that transforms the world but the human’s dreams; technology is merely a means, and it is created from the dreams of the people.”

“Start-ups shouldn’t ‘save on’ dreams but rather dream big and realise them by simple acts each day at your business or organisation.”

Meet the tour-de-force behind the establishment of VietJet, one of the region’s most successful aviation start ups.


Any first-timers meeting Vietnam’s only self-made female billionaire Nguyen Thi Phuong Thao will be taken aback by the opposites she harbours. A petite woman with a bright smile always on her face, Nguyen will talk in her soft voice about her business motto… once you dream, dare to dream big.

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‘Dream big and realise them’

Nguyen has been popular in the business since her young days studying abroad. Her hard work has paid off when she became a millionaire at the age of 21 – not a usual dream for a college student. But Nguyen is different. She strives to be the pioneer of everything she does by bravely conquering all challenges.

Upon returning to Vietnam, Nguyen has quickly made her appearance widely noticed by her successful investments in the finance-banking and aviation sectors. She is now the CEO of Vietjet Air and the Vice Chairman of the Board of Directors of HDBank.

To many young Vietnamese start-ups, Nguyen is the big inspiration and a role model for them to follow.

“Start-ups shouldn’t ‘save on’ dreams but rather dream big and realise them by simple acts each day at your business or organisation. We ourselves have turned the impossible into possible and made our dream come true. Millions for the first time have been able to fly and I’m extremely happy to learn that they are not only Vietnamese but people from other countries who have boarded a Vietjet flight for the first time.”

The billionaire’s motto has also inspired her own employees at Vietjet and HDBank to keep their dreams alive despite all adversities. Regardless of the Covid-19 pandemic’s impacts on the economy, the staff at Vietjet and HDBank are confident of their company’s new business strategy and solutions to overcome the pandemic.

Nguyen even envisions Vietnamese enterprises leading and creating a global sentiment by developing them into multinational, multicultural companies and integrating the most cutting-edge technologies.

“We need to be the pioneer of the digitalisation and automation trend in the industrial revolution 4.0 – the key factors for growth.”

Her message is realised at Vietjet as the airline has recruited nearly 6,000 employees coming from 50 countries and territories on its way to revolutionise the aviation sector of Vietnam, the region and the world. HDBank, meanwhile, has particularly grown by more than 20 times in the last decade after 30 years of relentless innovation since establishment.

‘An inspirer of kindness’

Recognised as a successful businesswoman, Nguyen though never thought of making money the ultimate goal of business. The values her company can create, especially for the sake of the community, is what truly matters to her. Nguyen also highly regards business ethics, stressing that “honesty will guide us to do the good things for the society”.

Nguyen has initiated the “Wings of Love” program to grant scholarships and gifts to children at orphanages and poor families, as well as to give winter clothes to children in remote regions.

“I understand more about the responsibility of the company and that of each of us to the community every time being on a charity trip and realise how brilliant the idea of our CEO, Mrs Thao, is. We all call her an inspirer of kindness,” a Vietjet employee said.

In addition to the “Wings of Love” program, HDBank has also supported the national chess sport via the HDBank Cup International Chess Tournament for the last 10 years, preparing the ground for the internationally famous chess players like Quang Liem and Truong Son. The bank has also organised the HDBank Futsal with a long-term goal of improving the physical health of young Vietnamese.

Despite unprecedented challenges due to the pandemic, Vietjet and HDBank are still committed to charity activities. The airline has helped to bring hundreds of thousands of passengers back to their home countries like South Korea, Japan and China, while operating hundreds of repatriation flights during the pandemic. It also gave 2.5 million of face masks to the people in the United Kingdom, France, Germany and the United States. Vietjet’s aircrafts have transported thousands of tons of medical equipment and essential goods to the people under social distancing as well as urgently delivered relief cargo to the flooded Central region.

The female billionaire and her employees have cooked and distributed more than 100,000 meals to disadvantaged people like motorbike taxi drivers or street lottery sellers. HDBank has launched special credit packages in support of those who were affected by the Covid-19 pandemic, while granting 1,000 premium hospital beds to the Ho Chi Minh City Department of Health and another thousands of health insurance passes to the people.

The popular magazine Tatler has honoured Nguyen as one of the 110 Asian figures in philanthropic activities due to her lasting acts of kindness through years.

Vietjet CEO, dreams to transform the world | News by Thaiger

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