Early Life
Nguyen Thi Phuong Thao was born in Hanoi, Vietnam, on June 7, 1970. She comes from a respected family. Thao showed an interest in becoming wealthy from an early age.
Rise to Success
She began her entrepreneurial journey while studying finance and economics in Moscow. At the age of 21, she had already become a millionaire through trading goods. She founded Vietjet Air in 2011. In February 2017, she became Vietnam's first self-made woman billionaire. She is also the president of Sovico Group and vice president of HDBank.
Key Business Strategies
Thao's key business strategy was launching Vietjet Air as a low-cost carrier. The airline quickly expanded its domestic and international routes. She focused on customer service and making air travel accessible to a broader population. She has also made significant investments in real estate and banking, diversifying her business interests.
Philanthropy
Beyond her business ventures, Thao is involved in philanthropy, supporting various social welfare programs. She emphasizes the importance of women in building a prosperous and inclusive economy, driving humanitarian initiatives in education, cultural preservation and sustainable development.