Hoa Phat Group’s president Tran Dinh Long has recently seen his assets increase sharply thanks to the recovery of HPG share prices. The pockets of the steel billionaire may increase twofold to $5 billion if profit increases are realized.

There have been major changes in the positions of Vietnamese billionaires with two businessmen weeded out of Forbes' list of the richest billionaires in the world.

The president of DucGiang Chemicals and the owner of Hoang Anh Gia Lai have reassured shareholders in separate letters following a slide in stock market prices.

Nguyen Thi Phuong Thao, the only female dollar billionaire in Vietnam recognized by Forbes, receives VND221 million in salary each month.

Billionaire Pham Nhat Vuong’s Vingroup and Nguyen Dang Quang’s Massan Group are seeking new capital sources as the domestic corporate bond market is now under tighter control.

While their parents are well known in the business world, their daughters are secretive. The daughters' parents include:

Billionaires Pham Nhat Vuong, Tran Dinh Long and Nguyen Dang Quang have chosen to draw zero salaries, and large banks have announced big changes in management positions. These were the business highlights of the last week.

Chairman of Hoa Phat Group Tran Dinh Long and Chairman of Thaco Group Tran Ba Duong are the two Vietnamese USD billionaires in 2022 who work in the manufacturing industry.

The businesses owned by dollar billionaire Pham Nhat Vuong are maintaining cash flow and seeking more capital in the stock market to prepare for a new ‘game’.

Dang Thi Hoang Yen, Dang Thanh Tam, Doan Nguyen Duc (Boss Duc) and Nguyen Duc Huong all have made impressive comebacks after a period of difficulties.

The share price increases last week helped rich businesspeople become even richer.

Techcombank shares (TCB) of billionaire Ho Hung Anh have been increasing in price. Forbes estimates that Anh now has $2 billion in stock assets. Other recent developments of the country's wealthy:

Billionaire Pham Nhat Vuong has launched a new system that is expected to help Vinhomes bring in about $1.5 billion in 2021.

After a period of working hard and making large fortunes, many businesspeople have chosen to leave the market and get back to nature where they can lead quiet lives.

Vietnamese businesspeople have donated billions of dong to charitable activities during the COVID-19 crisis.

Le Viet Hai, Do Quang Hien and Dang Van Thanh, known as ‘big bosses’, are giving more power to their sons and daughters.

A source close to Dassault Falcon confirmed that two businessmen with Vietnamese nationality own private helicopters created by the company.

As the richest Vietnamese person with total assets worth $8.1 billion, Pham Nhat Vuong only ranks ninth among the wealthiest billionaires in Southeast Asia, according to Forbes.

Techcombank (TCB) and VP Bank (VPB) are now the two biggest private banks in Vietnam, while the families of Ho Hung Anh and Ngo Chi Dung, the biggest shareholders of the banks, are the most powerful families in the banking sector.