Vietnamese Billionaire Receives Additional Trillions in Dividends

Vietnam Exhibition Fair Center JSC played a pivotal role in securing approximately VND 6,000 billion in dividends for Vingroup, the conglomerate led by billionaire Pham Nhat Vuong. Similarly, Nguyen Dang Quang and Masan Group reaped substantial dividends totaling thousands of billions of Vietnamese dong from Techcombank, Vinacafé Bien Hoa, and Net Detergent.

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Vietnam Exhibition Fair Center JSC (VEFAC – stock code: VEF) has announced its second written shareholder consultation, including a proposal for an interim cash dividend of up to 330%. This means shareholders holding one share will receive VND 33,000 per share.

Billionaire Pham Nhat Vuong’s enterprise is set to receive approximately VND 6 trillion in dividends from VEFAC.

The payout will be sourced from the accumulated profit of over VND 10,350 billion as of June 30. With more than 166 million outstanding shares, VEFAC will disburse nearly VND 5,500 billion, equivalent to over 53% of the accumulated profit. Payment will be made within 6 months following shareholder approval at the general meeting.

Previously, in July 2025, VEFAC completed two cash dividend payments totaling 435%, or VND 43,500 per share, amounting to over VND 7,200 billion.

These funds primarily benefit Vingroup (stock code: VIC), chaired by billionaire Pham Nhat Vuong, as VEFAC’s majority shareholder with 83.32% ownership. The Ministry of Culture, Sports, and Tourism follows with a 10% stake.

Similarly, Techcombank (stock code: TCB) will finalize its 2024 dividend rights on October 1, offering a 10% payout, or VND 1,000 per share. Techcombank plans to disburse up to VND 7,086 billion, starting payments on October 22.

Masan Group Chairman Nguyen Dang Quang, holding nearly 19 million TCB shares, is expected to earn approximately VND 19 billion from this payout. Additionally, Masan Group, owning over 1 billion TCB shares (nearly 15% of Techcombank’s capital), will receive around VND 1 trillion in cash dividends.

Nguyen Dang Quang and Masan Group’s ecosystem to receive trillions in dividends in October. Photo: Forbes.

Meanwhile, Vinacafé Bien Hoa JSC (stock code: VCF) announced a 480% cash dividend, or VND 48,000 per share. The final registration date is October 1, with payment scheduled for October 8, totaling approximately VND 1,300 billion. Masan Beverage, a Masan Group subsidiary holding 98.79% of VCF, will receive nearly VND 1,260 billion.

Net Detergent JSC (stock code: NET), a subsidiary of Masan HPC, announced a 65% cash dividend, or VND 6,500 per share, with the shareholder list closing on October 2. NET will disburse around VND 146 billion to shareholders, starting October 15. Masan HPC, owning 52.25% of NET, is expected to earn approximately VND 76 billion.

In summary, these three enterprises will bring Nguyen Dang Quang and Masan Group’s ecosystem trillions of dong in October.

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