Nguyen Thi Phuong Thao, Vietnam’s wealthiest woman, is pictured here. Photo: VGP
Thanks to the recent surge in HDB and VJC stocks, Nguyen Thi Phuong Thao’s net worth has seen a significant boost. She holds prominent positions as Chairwoman of Vietjet, Vice Chairwoman of HDBank, and Chairwoman of Sovico Group.
According to Forbes data updated on October 19, Thao’s wealth is estimated at $4.2 billion, ranking her 961st among the world’s billionaires. This marks the highest position ever achieved by a Vietnamese female billionaire. She remains Vietnam’s second-richest individual, following Pham Nhat Vuong of Vingroup.
Nguyen Thi Phuong Thao ranks 961st on Forbes’ global billionaire list. Photo: Forbes
Thao is a regular on Forbes’ global billionaire rankings and is the first and only Vietnamese woman to feature on the list. In mid-2025, Forbes also named her among the world’s 50 richest women, placing her 42nd.
A Billionaire Steering Vietnam’s Leading Enterprises
Thao is a frequent presence on Forbes’ global billionaire rankings. Photo: HDB
Born in 1970 in Hanoi, Thao holds a Ph.D. in Economic Cybernetics and two bachelor’s degrees in Labor Economics Management and Credit Finance. Initially, she and her husband, Nguyen Thanh Hung, founded SOVICO Holdings in Russia, focusing on consumer goods, electronics, and apparel. Today, SOVICO is a leading Vietnamese conglomerate operating in aviation, finance, insurance, urban development, and renewable energy.
Upon returning to Vietnam, Thao co-founded and led two private banks, VIB and Techcombank, before investing in HDBank. In 2007, SOVICO Holdings, HDBank, and the T&C Group established Vietjet Air, a low-cost airline. Vietjet now operates 130 modern aircraft, 170 domestic and international routes, and has served over 250 million passengers. The airline recently announced new aircraft orders, ground handling automation, and secured a contract for the Long Thanh International Airport project.
The recent rally in VJC shares has pushed Vietjet’s market capitalization past 102 trillion VND, solidifying its position as one of HoSE’s most valuable private enterprises.
As Vietnam’s richest woman, Thao holds key roles in her three core businesses: Chairwoman of Vietjet, Vice Chairwoman of HDBank, and Chairwoman of Sovico Group.
She owns approximately 582 million HDB shares (16.6% of equity), valued at over 19 trillion VND. At Vietjet, she directly holds 47.4 million VJC shares (8.02% equity) and indirectly owns nearly 155 million shares (26.2% equity) through Sunny Investment Company, totaling over 202 million shares worth around 35 trillion VND.
Two Billionaire Female Entrepreneurs Make Waves on Vietnam’s Stock Market
Phạm Thu Hương and Nguyễn Thị Phương Thảo are two renowned female entrepreneurs holding substantial shares valued at billions of USD.
Billionaire Nguyen Thi Phuong Thao’s Airline Makes a Remarkable Move After 7+ Years
Billionaire Nguyen Thi Phuong Thao’s Vietjet capitalization has surged over 70% since the beginning of the year, surpassing 100 trillion VND for the first time since April 2018.
VietJet Shares Skyrocket, Propelling Billionaire Nguyen Thi Phuong Thao’s Net Worth to $4 Billion
According to Forbes’ real-time rankings, billionaire Nguyen Thi Phuong Thao’s net worth currently stands at $4 billion, placing her as the 994th wealthiest individual globally. Her fortune has surged by $353 million since the previous day, equivalent to over 9,000 billion Vietnamese dong.
Central Bank Approves HDBank’s Charter Capital Increase to VND 38,594 Billion
On October 10th, the State Bank of Vietnam (SBV) approved an increase in HDBank’s chartered capital by a maximum of nearly VND 3.493 trillion.
The Stature of 5 Renowned Vietnamese Entrepreneurs Frequently Featured in Forbes
They are renowned entrepreneurs dominating Vietnam’s business landscape, consistently ranking among the wealthiest on the stock market and frequently featured in Forbes’ prestigious lists.
