The last week ended with the information that billionaire Pham Nhat Vuong jumped into the 23rd position on Forbes’ list of the top billionaires, with assets increasing by tens of billions of dollars thanks to the sharp rise in VinFast share prices.

Shares of Vietnam’s leading electric vehicle maker VinFast (VFS), owned by Billionaire Pham Nhat Vuong amounted to US$93/share at a time, raising the market value to more than US$191 billion on the Nasdaq trading session on August 28.

Hoang Kieu is the best-known Vietnam-born billionaire in the US as his partner is a celebrity in Vietnamese show business. But there are many other billionaires of Vietnamese origin in the US.

Just within one trading session, half of the shares of a bank were transferred last week. Large transactions are always associated with big changes in shareholder and  leadership structure.

President of Hoa Phat Group Tran Dinh Long is the top billionaire in the stock market in terms of value of shares held. Steel shares have been attracting big cash flow.

Vietnam’s ultra-rich population has nearly doubled over the past five years, according to Knight Frank's The Wealth Report.

In Vietnam, many people get rich quickly thanks to land-related businesses, while many corruption cases are also associated with land. This shows an urgent need to amend the land law.

In the past 10 years, multiple successful businesspeople have invested big in agriculture. Many have left while others have persistently stayed in the game.