Vietnam’s stock market is gearing up for dividend season, with a flurry of cash payout announcements hitting the wires.
Just last week, several companies brought cheer to shareholders by declaring hefty cash dividends. Leading the pack are Techcombank (TCB), VinaCafé Biên Hòa (VCF), and NET Detergent (NET), all announcing dividend record dates with double-digit payout ratios. Notably, these companies share a common thread: the influential presence of billionaire Nguyễn Đăng Quang, the mastermind behind the Masan ecosystem.
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has joined the dividend frenzy, setting October 1, 2025, as the deadline for shareholders to be eligible for the 2024 cash dividend. The payout ratio stands at 10%, equivalent to VND 1,000 per share, totaling a whopping VND 7,086 billion. The payment date is scheduled for October 22. Mr. Nguyễn Đăng Quang, holding nearly 19 million TCB shares, is expected to pocket approximately VND 19 billion.
VinaCafé Biên Hòa (VCF) has once again stunned the market with a staggering 480% cash dividend, translating to VND 48,000 per share. The record date is October 1, with the payment date set for October 8, totaling around VND 1,300 billion.
The lion’s share of this dividend, approximately VND 1,260 billion, will flow into Masan Beverage, a Masan Group subsidiary holding 98.79% of VCF’s shares. This ranks among the highest payouts on the stock exchange this year, solidifying VinaCafé’s position as a “cash cow” within Nguyễn Đăng Quang’s corporate portfolio.
Another Masan affiliate, NET Detergent Joint Stock Company , has announced October 2, 2025, as the record date for its 2024 cash dividend. The payout ratio reaches a record-high 65%, equivalent to VND 6,500 per share. With over 22 million shares outstanding, NET will disburse nearly VND 146 billion, starting from October 15. Masan HPC, a Masan Group subsidiary holding 52.25% of NET’s shares, is expected to receive around VND 76 billion.
Collectively, these three companies will inject thousands of billions of dong in cash into Masan Group and Nguyễn Đăng Quang’s coffers in October. Their shares are also experiencing positive momentum and strong valuations, further bolstering the billionaire’s wealth.
According to Forbes’ latest update as of September 20, 2025, Nguyễn Đăng Quang’s net worth stands at approximately USD 1.2 billion, ranking him 2,830th globally. The bulk of his wealth stems from his holdings in Masan Group (MSN) and its subsidiaries like Masan Consumer (MCH), alongside direct and indirect ownership in various companies within the Masan ecosystem.
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