Update news billionaires

Steel billionaire’s assets expected to reach $5 billion

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.

VN billionaires change ranking after week of upheavals

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.

Stock prices plummet as some companies report positive business results

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.

Billionaire Phuong Thao gets VND200 million in wages from Vietjet

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

Billionaires attract US$1.25 billion in foreign capital

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.

Tycoons' daughters own huge assets, keep a low profile

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

Billionaires take zero-dong salaries

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.

When will Vietnam have a technology USD billionaire?

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.

Billionaire Pham Nhat Vuong gathers strength for new ventures

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’.

After 10 years of ups and downs, major players return

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.

Business stories: billionaires get richer

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

The richest banker revealed, with assets worth US$2 billion

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:

With new 'business model', billionaire Pham Nhat Vuong could earn $1.5 billion

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

Businesspeople spend big money to get back to nature

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.

Billionaire businesspeople donate millions of dollars to local charities during COVID-19

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

'Big bosses' give more power to family successors

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

Private helicopters cost Vietnamese businesses big money

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

How rich are Vietnamese dollar billionaires?

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.

The most powerful families in Vietnam’s banking sector

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.

Forbes’ new list of billionaires reflects changes in Vietnam

VietNamNet Bridge - Earlier this year, Forbes added two more Vietnamese billionaires to the list of the richest persons on the planet.