Vietnamese billionaires grow $26.7B richer in 2025
The combined net worth of Vietnam’s billionaires has increased by US$26.7 billion this year despite one out of the earlier six falling off the list.
Tran Ba Duong, chairman of automaker Thaco, is no longer listed as a billionaire on Forbes’ real-time rankings. The rest owned a combined $39.2 billion.
![]() |
|
From left to right, top to bottom: Techcombank chairman Ho Hung Anh, Masan Group chairman Nguyen Dang Quang, Vingroup chairman Pham Nhat Vuong, Hoa Phat Group chairman Tran Dinh Long, Vietjet chairwoman Nguyen Thi Phuong Thao. |
Pham Nhat Vuong, chairman of Vingroup, remains the richest with $28.3 billion, up $23.9 billion for the year thanks to a 670% rise in his conglomerate’s share prices.
Vuong owns a 10.05% stake in the company but, together with his family, controls 65%. He also owns nearly half of its electric vehicle subsidiary VinFast via two private firms.
Budget airline Vietjet’s chairwoman Nguyen Thi Phuong Thao saw her wealth grow by $2 billion to $4.8 billion.
She owns shares in Vietjet and lender HDBank, whose prices are up 110% and 45% this year.
Tran Dinh Long, chairman of steelmaker Hoa Phat, saw a $100 million gain to $2.7 billion.
Nguyen Dang Quang, chairman of retailer Masan, dropped out of the list in March but returned three months later, and his wealth has increased by $100 million to $1.1 billion.
Forbes calculates an individual’s net worth based on the value of their stock holdings and other assets such as real estate, artworks and yachts.
Techcombank’s chairman Ho Hung Anh, was worth $2.3 billion, a $600-million increase.
Bắc Ninh






Reader's comments (0)