VietNamNet Bridge – President of Vingroup, Pham Nhat Vuong, has become the 2012’s richest Vietnamese stock millionaire after the last securities trading session on December 28. Vuong’s total stock assets are triple that of the person on the second position.

Mr Pham Nhat Vuong.

This is for the third consecutive year that Vuong tops the list of the 100 richest stock millionaires.

The noteworthy thing is that the members of the top 100 list all have got richer despite the stock price falls.

Obtaining 1 trillion dong worth of stocks more in 2012, but the figure was not enough for President of Hoang Anh Gia Lai, Doan Nguyen Duc, to narrow the gap between him and President of Vingroup, Pham Nhat Vuong.

With 215 million VIC shares which were traded at 80,000 dong on December 28, Vuong’s total stock assets have reached 17,185 billion dong, an increase of 400 billion dong over the end of 2011.

Meanwhile, after the last trading session of the year, the 260 million HAG shares being held by Doan Nguyen Duc are worth 5609 billion dong, helping Duc stay firmly on the second position in the list of 100 richest stock millionaires.

There are no changes with the two next positions in the top 5, with Pham Thu Huong and Nguyen Hoang Yen on the third and fourth positions of the list.

Better known as the wife of the richest stock millionaire, Pham Thu Huong is also a businesswoman, who is now Vice President of VIngroup, holding 2960 billion dong worth of shares.

Meanwhile, Nguyen Hoang Yen is now the Member of the Board of Directors of Masan Group, who is holding 21.8 million MSN shares, worth 2220 billion dong.

The fifth position has belonged to the President of Hoa Phat Group, Tran Dinh Long, who made a big leap in his business. In the last 12 months, his stock assets soared from 1340 billion dong to 2122 billion dong, helping him jump by four grades in the list.

One of the reasons that made Long’s assets increase last year was the sharp increase of HPG share price.

President of Alphanam, Nguyen Tuan Hai, has made a big jump over the last year. Holding 116.2 million ALP shares, accounting for 60 percent of the enterprise’s chartered capital, Hai has for the first time turned up in the list of top 10 stock millionaires. Meanwhile, Hai was on the 53rd position in the 2011’s list.

The positions from the 6th to the 9th have belonged to familiar names, though there are some changes in the order.

Only two of the 10 richest stock millionaires in 2012 have seen their assets decrease, while the other eight all have become richer.

The tendency of getting richer can also be seen in the list of 100 stock millionaires. The one with the smallest assets in the list has 96 billion dong worth of stocks. Meanwhile, the figure was 70 billion dong only in 2011.

However, the figures both are below the figure of 145 billion dong in 2010.

While a lot of millionaires have got richer despite the stock price falls and the quiet stock market, some have seen their assets “evaporated.”

President of the Saigon Investment Group, Dang Thanh Tam, is a typical example. Tam is believed to be the one who has lost most money on the stock market. By December 28, Tam’s stock assets (ITA, KBC, NVB and SGT shares) had dropped by 500 billion dong in comparison with 2011.

Therefore, Tam, the richest stock millionaire in 2007, has fallen from the 8th to the 14th in the list of 100 stock millionaires.

Nguyen Duc Kien, the founding shareholder of ACB has fallen from the 14th to the 24th in the list.

VNE