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Vietnam, however, remained the third highest ranking among low-middle income countries in the index, staying behind the Philippines [16th] and Indonesia [17th].
Vietnam slipped to 25th from its previous 18th out of 58 economies in last year s Mastercard Index of Women Entrepreneurs (MIWE), which analyzes on how women in business are progressing globally.
MIWE 2020 also revealed Vietnam was ranked ninth out with 26.5% of total businesses owned by women, but 44th in “Supporting Entrepreneurial Conditions”, indicating much works needed to do to support women entrepreneurs.
However, the country stayed in top 10 at ninth in “Women’s Advancement Outcomes” that evaluate both drivers and deterrents of women’s advancement in four indicators of Women Business Leaders, Women Professionals & Technical Workers, Women Entrepreneurial Activity Rate, and Women Labor Force Participation.
Key Points From the Mastercard Index of Women Entrepreneurs 2020 5 min read ⢠Feb 17, 2021 ⢠Terri Williams
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 When women entrepreneurs succeed, their success creates a ripple effect that improves not only their livesâand those of their family membersâbut also their communities. In 2020, research by the World Bank revealed that across the globe, economies are losing $172 trillion as a result of the lifetime earnings disparities between women and men.
Identifying the factors that contribute to womenâs success, understanding the challenges they face, and understanding how to remove their gender-based obstacles is in everyoneâs best interest.
A good place to start is The Mastercard Index of Womenâs Entrepreneurs (MIWE) 2020 Report, which provides an 82-page global analysis of women in business. It includes data from such institutions as UNESCO, World Bank, GEM, and the World Economic Forum. Close to