Vietnam’s Top 10 Billionaires: A Mid-Year Review
As of July 1st, Mr. Pham Nhat Vuong, Chairman of Vingroup, tops the list of Vietnam’s stock market billionaires with a net worth of VND 184,223 billion. His wealth increased by VND 93,123 billion in just the first six months of the year, a staggering 102.3% growth rate. This equates to an average daily increase in Mr. Pham Nhat Vuong’s wealth of VND 508 billion.
Notably, Mr. Vuong’s wealth is almost equivalent to the combined wealth of the next eight individuals on the list. He has consistently maintained his position as Vietnam’s top billionaire for 16 consecutive years.
Mr. Pham Nhat Vuong: For 16 consecutive years, he has topped the list of Vietnam’s richest stock market billionaires. (Source: VIC)
In second place is Mr. Tran Dinh Long, Chairman of Hoa Phat Group, with a net worth of VND 44,946 billion. His wealth has increased by nearly VND 1,000 billion (2%) since the beginning of the year.
Mr. Do Anh Tuan, Chairman of Sunshine Group, ranks third with a net worth of VND 32,954 billion, a rise of VND 8,754 billion (approximately 36%) since the start of 2025.
Mr. Ho Hung Anh, Chairman of Techcombank, secures fourth place with VND 23,047 billion.
The fifth spot is held by Mr. Nguyen Dang Quang, Chairman of Masan, with a net worth of VND 21,409 billion.
Mrs. Nguyen Thi Phuong Thao, Chairman of the Board of Directors of VietJet Aviation Joint Stock Company, ranks sixth with VND 20,665 billion, a decrease of about 12% from the beginning of the year.
Mrs. Pham Thu Huong, Vice Chairman of Vingroup and Mr. Pham Nhat Vuong’s wife, is in seventh place with a net worth of VND 16,310 billion, an increase of VND 9,400 billion (136%) compared to the beginning of the year.
Mrs. Nguyen Thi Thanh Thuy, Mr. Ho Hung Anh’s wife, is the eighth richest person on Vietnam’s stock market with a net worth of VND 12,431 billion.
In ninth place is Mr. Truong Gia Binh, Chairman of the Board of Directors of FPT, with a net worth of VND 12,105 billion.
Closing out the top 10 is Mrs. Vu Thi Hien, Mr. Tran Dinh Long’s wife, with a net worth of VND 11,985 billion.
Combined, the total wealth of these top 10 individuals on Vietnam’s stock market amounts to VND 380,075 billion, reflecting a significant 40% increase compared to the end of 2024.
An Intriguing Coincidence: VN-Index Surges 109 Points Since the Start of the Year, Mirroring Vingroup’s Contribution
“The Vietnamese stock market witnessed a remarkable surge with the VN-Index reaching a 3-year peak, largely driven by the impressive performance of the Vingroup conglomerate’s stocks, which have been on a strong upward trajectory since the beginning of the year.”
With Expected Tariff Cuts of 10-15%, Historical Trends Suggest a Continued Bull Run for Vietnam’s Stock Market
The experts at Yuanta predict a likely scenario of a tariff regime based on a good’s origin, with rates ranging from 10% to 15%.
Stock Market Blog: Money Goes Round and Round, Awaiting the Next Big Push
The market may appear “green on the outside, red on the inside” today, but this is not out of the ordinary. Profit-taking has been shortening the cycles of price hikes as investors focus on safeguarding their gains ahead of the upcoming final countervailing duties.
The Fabulous Life of Billionaire Pham Nhat Vuong at 57: A Wealth Accumulation Extravaganza
As of 2023, Pham Nhat Vuong’s net worth is estimated to be a staggering $9.3 billion, a figure that surpasses the combined wealth of the next ten individuals on the list.
“Massive Windfall for Savvy Investors: A Whopping $1.8 Billion Haul in a Week”
The domestic institutional investors recorded a net sell-off of VND 3,099.3 billion, while their net buying value on matched orders was VND 1,794 billion.
