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The turning points in the lives of Vietnamese billionaires

Once dreaming of becoming a university lecturer, Nguyen Thi Phuong Thao finally became a businesswoman and billionaire. Others became billionaires though they did not complete or even attend university.

The 'hidden' rich kids of Vietnamese billionaires

Unlike other rich kids, these sons and daughters of the billionaires don’t often appear in the media.

Bill Gates is most admired man in Vietnam

The founder of Microsoft is Vietnam's most admired man on the YouGov list. Billionaire Pham Nhat Vuong and Party General Secretary and President Nguyen Phu Trong are also on the list.

Vingroup rejects rumour about selling stake in Vinmec and Vinschool

Vingroup rejects rumour about selling its stake in Vinmec and Vinschool, reiterating that these two systems play a crucial role in the group’s ecosystem.

Businesses race against the clock to issue bonds

Large corporations are rushing to seek capital through bond issuances before a new regulation, with stricter requirements, takes effect.

Dollar billionaire Pham Nhat Vuong restructures his business network

Vuong has made a number of moves recently to restructure his huge business system to shift his development strategy to technology, industry and services.

Did billionaire Vuong foresee Vietnam joining Quad Plus?

Covid-19 has forced manufacturers to consider restructuring the value chain, according to Sunny Hoang Hoa from Savills HCM City. Vietnam is expected to benefit from the trend.

How will next-generation businesspeople perform?

One third of the sons and daughters of top businesspeople have been given opportunities to run businesses, and most of them have initiated reforms.

How to run the economy safely during Covid-19: HCM City’s initiative

Experts have applauded the measured taken by HCM City authorities on risk assessment and management, believing that this is the first important step to run the economy safely.

Two Vietnamese drop out of billionaires list

The list of the world’s dollar billionaires announced recently by Forbes shows that the number of Vietnamese billionaires has fallen from five to three.

How much is needed to be listed among the top stock billionaires in Vietnam?

In 2009, when the VN Index soared from 324 points to the year's peak of 630 points, the richest stock billionaire had total assets worth over VND9 trillion. 

2019: bumper year for Vietnamese billionaires

Billionaires made big money in the Year of the Pig.

Businessmen play big, lose big

President of Hoang Anh Gia Lai Group Doan Nguyen Duc decided to spend VND240 billion to buy back HAGL bonds, while the owner of Yeah 1 lost VND2.2 trillion in 2019.

2019: eventful year for Vietnamese billionaires

Thaco’s president spent big money to rescue Hoang Anh Gia Lai, while Vingroup’s president transferred the retail division to Masan to gather strength on automobiles and technology.

2019: Pham Nhat Vuong is richest Vietnamese billionaire

Pham Nhat Vuong, president of Vingroup, and Nguyen Thi Phuong Thao, CEO of Vietjet Air and vice president of Hdbank, top the 2019 list of Vietnamese stock billionaires.

Two Vietnamese billionaires lose out on first day of 2020

Two of the five richest people in Vietnam had a poor start to the new year as they saw their net asset worth decrease.

AVG ex-chairman Pham Nhat Vu entitled to leniency

Pham Nhat Vu, former chairman of private pay TV firm Audio Visual Global JSC (AVG), will not have to bear all liability for MobiFone’s losses in the MobiFone-AVG deal.

The wealth of the top 10 richest Vietnamese billionaires fluctuates year by year

While August, or the seventh month of the lunar year, brought good luck to many stock billionaires, September proved to be an unlucky month for them.

Vinpearl Air, Vietravel Airlines get nod from watchdog agency

In a proposal to the Ministry of Transport (MOT) to establish an air carrier, Vinpearl Air owned by billionaire Pham Nhat Vuong said it wants to choose Noi Bai as the base airport.

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.