Vietnam’s Top 20 Richest People: A Snapshot as of May 16, 2025
As of May 16, 2025, the combined wealth of Vietnam’s top 20 richest people reached over VND 468,000 billion, an increase of VND 91,300 billion, or 24.2%, compared to the last trading session of 2024.
Pham Thu Huong, Vice Chairman of Vingroup, saw a significant increase in her wealth.
At the top of the ranking is billionaire Pham Nhat Vuong, Chairman of Vingroup, with a stock asset value of VND 179,600 billion, an impressive increase of nearly VND 88,600 billion compared to last year, equivalent to a 97% surge. This growth rate is matched by Pham Thu Huong, Vice Chairman of Vingroup and Pham Nhat Vuong’s wife, and her sister, Pham Thuy Hang, with a 97% increase in their wealth.
Notably, Pham Nhat Vuong’s wealth is equivalent to the combined assets of the next eight individuals on the list.
After a long time, Pham Thu Huong, Vice Chairman of Vingroup and Pham Nhat Vuong’s wife, has re-entered the top 10 with her wealth almost doubling.
Tran Dinh Long, Chairman of Hoa Phat Group, ranked second on the list.
Tran Dinh Long, Chairman of the Hoa Phat Group, secured the second position with assets worth VND 42,600 billion, a slight decrease of VND 1,400 billion or 3% from 2024. His wife, Vu Thi Hien, also witnessed a 3% decline, placing her at the tenth spot with VND 11,400 billion.
Do Anh Tuan, Chairman of Sunshine Homes, climbed to third place with VND 33,400 billion, marking a 38% increase compared to 2024.
Meanwhile, Ho Hung Anh, Chairman of Techcombank, possessed VND 21,200 billion, an 8% drop, temporarily placing him fourth. His wife, Nguyen Thi Thanh Thuy, recorded assets of VND 10,700 billion, a surge of 18%. Their children, Ho Thuy Anh and Ho Anh Minh, shared VND 10,200 billion, reflecting a 19% increase.
A new entrant to the list is Nguyen Van Tuan, CEO of the GELEX Group, whose wealth rose by 63% to VND 6,300 billion, climbing 19 ranks on the chart.
- Nguyen Thi Phuong Thao, Chairman of Vietjet Air (VND 21,100 billion, down 10%)
- Nguyen Dang Quang, Chairman of Masan Group (VND 19,800 billion, a 10% drop)
- Truong Gia Binh, Chairman of FPT (VND 12,400 billion, a 21% decline from the previous year)
- Nguyen Duc Tai, Chairman of The Gioi Di Dong (VND 11,900 billion, up 5%)
- Tran Le Quan, Founder of The Gioi Di Dong (VND 7,400 billion, a 5% increase)
- Dao Huu Huyen, Chairman of Duc Giang Chemical Group (VND 6,600 billion, down 21%)
- Nguyen Van Dat, Chairman of Phat Dat Real Estate Development Corporation (VND 6,800 billion, a 21% decrease)
- Ho Xuan Nang, Chairman of Vicostone JSC (VND 6,700 billion, a 25% drop)
Bui Thanh Nhon, Chairman of the Novaland Group, re-entered the ranking with assets of VND 7,400 billion, reflecting an 18% rise compared to 2024.
The Billionaire’s Behemoth: VinGroup’s $1.7 Billion Mega Urban Project in Vietnam’s Northern Industrial Heartland
Vingroup, Vietnam’s prominent conglomerate, has unveiled ambitious plans to develop a large-scale urban project with a staggering investment of over VND 41 trillion. This monumental endeavor is expected to catalyze urban and economic growth in the region, setting a new benchmark for development in Vietnam.
“VinSpeed’s Response to the Proposal of Borrowing 80% Capital at 0% Interest Rate for 35 Years to Build the High-Speed North-South Railway”
“In a proposal put forward by VinSpeed, it has been suggested that the State would not need to invest any capital in this project.”
Breakfast in Hanoi, Lunch in Ho Chi Minh City: A 350km/h Train Journey with VinSpeed – A Dream Come True in 5 Years?
The $67.34 billion project in Vietnam is off to a promising start with a proposal from VinSpeed.
The Billionaire’s Vision: A Private Railway from District 7 to Can Gio
The proposed railway project, connecting Ho Chi Minh City and Can Gio, is an ambitious infrastructure development. With a starting point at Nguyen Van Linh Street, between the intersections of Nguyen Thi Thap and Ly Phuc Man in District 7, the route continues on to Nguyen Luong Bang and the Sac Forest. The terminus is envisioned at a 39-hectare site adjacent to the Can Gio sea reclamation urban area project.
Unlocking the Potential: Unveiling the Secrets Behind Vinpearl’s Success in Surpassing VPBank, MB, and ACB’s Market Capitalization
As a newcomer to the stock market, Vinpearl has swiftly surpassed established giants in market capitalization. The resort and hospitality giant now stands tall among Vietnam’s economic heavyweights, including VPBank, PV Gas, MB, Vinamilk, and ACB.
