Billionaire Tran Dinh Long’s assets have fallen by $1.6 billion this year, while billionaire Pham Nhat Vuong has lost $2 billion.
The ambition of Vietnamese billionaires is no longer limited to revenue and profit. New directions have opened and ambitious Vietnamese entrepreneurs aim to enter the global game.
The total assets of six Vietnamese billionaires by December 23 reached nearly 20 billion USD, an increase of nearly 3 billion USD compared to figures announced by Forbes at the beginning of the year.
The positive signs in the stock market recently have helped Vietnamese billionaires, including Nguyen Thi Phuong Thao, become richer.
Globally-renowned business magazine Forbes has just released its annual list of the world’s billionaires, including six billionaires from Vietnam.
After Masan Group's acquisition of Vingroup’s retail chain, Masan’s Nguyen Dang Quang took great steps to master the $7 billion system and form an ecosystem for Vietnamese people.
2020 was a difficult year for the global economy including Viet Nam, but some Vietnamese billionaires still saw their net asset value increase.
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 number of billionaires in Viet Nam increased by two from four in the April’s list to six on Forbes magazine's 2020 list of the world's richest people.
Strong cash flow to the stock market, a VND700 trillion package for public investment, and high demand for ingot steel from China have all helped billionaire Tran Dinh Long pocket more money despite the Covid-19 crisis.
Nguyen Duc Thuy, informally known as Boss Thuy, may be added to the list of the 50 richest billionaires in Vietnam after a transfer deal worth trillions of dong made late last week.