Vietnam loses one billion USD as it enters the Year of the Dragon
Closing out the last trading session of the lunar year, Vietnamese billionaires' assets have recorded positive changes, following an upward trend. However, according to Forbes' list, Vietnam now has only 5 USD billionaires, down by 1 person compared to the magazine's latest announcement (April 2023).
Before entering the Lunar New Year holiday,
the domestic stock market maintains a positive trend, with the VN-Index aiming for 1,200 points. Since the beginning of 2024 until now, just one month, the main index has increased by more than 6%, signaling a positive outlook compared to the 12% increase for the whole of 2023. The market is moving positively, and the assets of Vietnamese billionaires are increasing in value.
According to the Forbes list of billionaires, currently, Vietnam has 5 billionaires in USD, including:
Vingroup Chairman Pham Nhat Vuong, VietJet Air Chairwoman Nguyen Thi Phuong Thao, Hoa Phat Chairman Tran Dinh Long, Thaco Chairman Tran Ba Duong and family, Techcombank Chairman Ho Hung Anh.
In just three months, the Vung Tau - Binh Chau coastal road, designed for speeds of up to 80 km/h, will connect popular beach tourism hubs with the Cai Mep - Thi Vai port cluster.
This year, for the first time, the budget revenue reached an impressive figure of over 1.7 quadrillion VND, surpassing the 2023 figure by 13.7%. Despite this remarkable achievement, there are still underlying issues with the budget revenue, including an outdated personal income tax policy that poses the risk of tax losses.