Top 10 Richest Individuals on the Vietnamese Stock Exchange

Pham Nhat Vuong, born on August 5, 1968, in Hanoi, is a Vietnamese entrepreneur and billionaire. He is the Chairman of the Board of Vingroup. He became the first dollar billionaire on the Vietnamese stock exchange on March 7, 2011, with a net worth of approximately 21,200 billion Vietnamese dong, equivalent to 1 billion US dollars at that time. Prior to that, in 2010, Pham Nhat Vuong was the richest person on the Vietnamese stock market with assets of nearly 15,800 billion dong, ranking second in Vietnam in 2007 and 2008. He achieved this position in 2007 when Vinpearl Company, part of the Vincom group, listed 100 million shares on the Ho Chi Minh City Stock Exchange. Pham Nhat Vuong was first mentioned in Forbes' list of global billionaires in 2013, ranking 974th in the world with a fortune of 1.5 billion US dollars, and in 2016, it was 2.1 billion USD. According to Forbes, as of October 2021, Pham Nhat Vuong's assets are valued at 7.3 billion USD, ranking 344th among the world's billionaires in real-time. In June 2021, according to information from Dan Tri newspaper, fluctuations in VIC shares led to a decrease of about 50,975.2 billion dong in Pham Nhat Vuong's total asset value. Nevertheless, he still maintains the position of the richest person in Vietnam, with a net worth of 27.1 billion USD, ranking 297th in the world's rich list.

In 1982, Pham Nhat Vuong attended Kim Lien High School in Dong Da District, Hanoi, and graduated in 1985. In 1987, he passed the entrance exam to Hanoi University of Mining - Geological Sciences and, due to his excellent performance in Mathematics, received a scholarship to study abroad at the Federal Geological Survey University in Russia, majoring in economic geology. On August 8, 1993, Pham Nhat Vuong began producing instant noodles under the brand 'Mivina' «Мивина» after borrowing $100,000 from Vietnamese friends with an 8% monthly interest rate. His business activities in Ukraine were very successful. By 1995, the 'Mivina' noodle brand began to appear on the market and quickly became the brand name for most instant foods in Ukraine. The raw materials for 'Mivina' noodles were imported from Vietnam and Taiwan. The production of 'Mivina' noodles was 1 million packages in 1996. He launched packaged dried herbs in 1999 and potato powder in 2000. He is the founder and chairman of Vingroup, the first dollar billionaire in Vietnam, and the richest person in Vietnam.

Nguyen Thi Phuong Thao was born in 1970 in Hanoi, a female entrepreneur and billionaire currently serving as the CEO of VietJet Air and the Deputy Chairwoman of the Board at HDBank. She is the second Vietnamese to be recognized as a USD billionaire by Forbes, following Pham Nhat Vuong. Nguyen Thi Phuong Thao was born into a Hanoi-based family and, at 17, went to study finance and economics abroad, gaining early fame in the community for her excellent academic performance and natural business acumen. While still a second-year student, she entered the business field. At that time, the Eastern European market faced a shortage of consumer goods, so she engaged in various businesses, from electronics to agricultural products from Asian countries, supplying them to Eastern Europe. According to Bloomberg, Nguyen Thi Phuong Thao earned her first million USD at the age of 21, selling fax machines and rubber. Upon returning to Vietnam, she contributed capital to establish Techcombank and later VIB, two of the first private banks in Vietnam. Nearly 25 years later, she emerged as the first female dollar billionaire in Vietnam. Most of her wealth comes from shares in VietJet and Dragon City (Phu Long) - a 65-hectare real estate project in Ho Chi Minh City.

In addition to being the largest shareholder of VietJet Air, Sovico Holdings Group, owned by her family, acquired Furama Resort Danang in 2005, becoming the first Vietnamese investor to own and operate a 5-star hotel. Furama Resort Danang opened in 1997 with 198 rooms as the first 5-star beach resort in Vietnam. A decade later, Sovico continued to acquire two more resorts in Khanh Hoa, Ana Mandara, and An Lam Ninh Van Bay. On March 9, 2017, Forbes announced its list of female USD billionaires in the world for 2017, recognizing Phuong Thao as the first female billionaire in Vietnam and Southeast Asia, with an estimated asset of about USD 1.7 billion. She was also one of 15 newly self-made female billionaires on Forbes' 2017 list. According to Forbes' statistics, as of December 13, 2017, Nguyen Thi Phuong Thao's total assets reached USD 2.7 billion. In 2021, Thao, representing the SOVICO Group, signed a memorandum of understanding to donate £155 million to Linacre College at the University of Oxford. In response, the college filed a petition with the UK Security Council to request a name change to Thao College.

Tran Dinh Long, born on February 22, 1961, is a Vietnamese entrepreneur and billionaire. He is currently the Chairman of the Board of Directors of Hoa Phat Group Joint Stock Company (HPG), considered the most successful and wealthy entrepreneur in the Vietnamese steel industry. In 2020, he was the second richest person on the Vietnamese stock exchange, following Pham Nhat Vuong. He graduated with a bachelor's degree in economics from the National Economics University in 1986. From 1996 to 2005, he served as the Chairman of the Board of Directors of companies within the Hoa Phat Group. From 1992 to 1996, he was the Chairman of the Council and concurrently the Director of Hoa Phat Equipment and Accessories Limited Company.

In 2020, he was the second richest person on the Vietnamese stock exchange, after Pham Nhat Vuong. In early March 2019, Tran Dinh Long's name appeared on Forbes' real-time USD billionaire list with a fortune of USD 1 billion, ranking 1756th globally. As of December 1, 2020, Mr. Tran Dinh Long held 864,000,000 HPG shares, equivalent to 26.08% of Hoa Phat's charter capital, valued at VND 33,523.2 billion, after acquiring 24 million shares through an agreement with Vice Chairman of the Board Doan Gia Cuong. He is married to Vu Thi Hien. As of June 16, 2017, Mrs. Vu Thi Hien held 110,522,391 HPG shares valued at VND 4,492.7 billion. In 2013, she was one of the top 10 wealthiest individuals on the Vietnamese stock exchange alongside Mr. Tran Dinh Long.

Nguyen Dang Quang, born in 1963, is a Vietnamese entrepreneur and USD billionaire. He is the founder and Chairman of Masan Group, the first Vice Chairman of the Board of Directors of Techcombank since April 2016. Prior to that, he served as a member of the Techcombank Board of Directors from May 2014 to March 2016 and the first Vice Chairman from May 2008 to April 2014. Before joining the Board of Directors, Nguyen Dang Quang had over 20 years of management and leadership experience in various positions at Techcombank since 1995. He started his business in the early 1990s after studying in Russia by selling instant noodles to Vietnamese living there. In 2018, Bloomberg mentioned that Mr. Quang owned assets worth USD 1.2 billion. Bloomberg dubbed him the 'tycoon' of Vietnam's consumer goods and emphasized his journey to becoming a billionaire by introducing fish sauce and essential spices into the kitchens of every Vietnamese household. At present, Mr. Quang owns 377,596 million MSN shares, equivalent to 32.46% of Masan Group's charter capital.

In addition, Mr. Nguyen Dang Quang's wife, Ms. Nguyen Hoang Yen, holds 42,415,234 MSN shares, equivalent to 3.65% of Masan Group's charter capital. His mother, Mrs. Nguyen Quy Dinh, holds 1.99 million MSN shares, equivalent to 3.65% of Masan Group's charter capital. Although not directly, through related companies and family members, Mr. Nguyen Dang Quang holds nearly 40% of the charter capital in Masan Group. In February 2019, Nguyen Dang Quang was listed in Forbes' list of 5 Vietnamese USD billionaires. Since late 2019, Mr. Nguyen Dang Quang has submitted a request to step down from the leadership of Masan Resources. Masan Resources is a subsidiary of Masan Group operating in the minerals sector with its main product being wolfram. The largest shareholder in Masan Resources is Masan Vision Company with a ownership rate of up to 96%. After billionaire Nguyen Dang Quang resigns, the Board of Directors of Masan Resources will have 4 remaining members. The company's chairman is Mr. Danny Le, born in 1984, who was recently appointed as the CEO of Masan Group on June 19, 2020.

Ho Hung Anh born in 1970, is a Vietnamese entrepreneur and billionaire. He is currently the Chairman of the Board of Directors of Techcombank, a commercial joint-stock bank in Vietnam. Ho Hung Anh was born in Hanoi, with his hometown in Thua Thien Hue province. In 1987, he passed the entrance exam for the 22nd training course in Military Technical Academy. After a year of excellent academic performance, he was selected by the Ministry of Defense to study military engineering in the Soviet Union.

He graduated with a Bachelor's degree in Electrical Engineering from the Kiev Polytechnic Institute in Ukraine and a Master's degree in Human Resource Management from the Moscow Automobile and Road Construction State Technical University (MADI) in the Russian Federation. Ho Hung Anh started his career in the Russian Federation. From June 1994 to March 1997, he served as the Director of SANMEX Company in the Russian Federation. From March 1997 to June 2004, Ho Hung Anh was the CEO of MASAN RUS TRADING Company in the Russian Federation. In May 2008, he was appointed as the Chairman of the Board of Directors of Techcombank. In February 2019, Ho Hung Anh was listed as one of the five Vietnamese billionaires by Forbes magazine.

Bui Thanh Nhon born in 1958, is a Vietnamese billionaire. In 2016, he became the third USD billionaire in Vietnam, following Pham Nhat Vuong and Trinh Van Quyet. He operates in the real estate sector and is the Chairman of the Board of Directors of Novaland Group. He started his career in the veterinary medicine business. He holds a bachelor's degree in animal husbandry and a master's degree in senior business management (graduated from HSB Tuck School of Business at Dartmouth, Hanover, Germany). From 1981 to 1983, he worked at the Agriculture Department of Nha Be District, Ho Chi Minh City. From 1983 to 1992, he worked at Livestock Supplies Company I, Ho Chi Minh City. In 1992, he started the veterinary medicine business. He founded Thanh Nhon Trading Company Limited with a charter capital of 400 million VND to trade in veterinary medicine, pharmaceutical raw materials, and chemicals. In 2007, Thanh Nhon Trading Company Limited was restructured into two units: Anova Joint Stock Company and No Va Real Estate Investment Group Joint Stock Company (Novaland). Novaland operates mainly in real estate with an initial charter capital of 95.3 billion VND. He holds the position of Chairman of the Board of Directors of Novaland.

After 12 capital increases, by November 2016, Novaland's charter capital was nearly 5962 billion VND. On December 28, 2016, Novaland was officially listed on the Vietnam stock market with the stock code 'NVL' on the Ho Chi Minh City Stock Exchange (HOSE) at a listed price of 50,000 VND/share, a total of 589.4 million shares. At this price, Novaland's market capitalization when listed was 29,500 billion VND (about 1.3 billion USD), becoming the second-largest real estate enterprise on the Vietnam stock market, after Vingroup. Bui Thanh Nhon became the fourth richest person on the Vietnam stock market, following Pham Nhat Vuong, Trinh Van Quyet, and Tran Dinh Long (Chairman of Hoa Phat Group HPG). He also holds other positions such as: Chairman of the Board of Directors of No Va Real Estate Investment Company Limited; Chairman of the Board of Directors of Novagroup Joint Stock Company; Chairman of the Board of Directors of Diamond Properties Joint Stock Company; Chairman of the Board of Directors of Anova Corp Joint Stock Company; Chairman of the Board of Directors of Bio-Pharmachemie Joint Stock Company; Chairman of the Board of Directors of Nova Mclub Joint Stock Company; Chairman of the Board of Trustees of Novagroup Leadership Center Company Limited. On April 24, 2017, he became the third USD billionaire on the Vietnam stock market, with assets of 1.3 billion USD. At this time, he holds 151 million (25.7%) shares of Novaland, his son Bui Cao Nhat Quan holds 26.4% of Novaland shares.

Pham Thu Huong gained fame as the co-founder of VinGroup alongside her husband (Pham Nhat Vuong). Pham Thu Huong currently holds the position of Vice Chairman of VinGroup. She owns over 150 million VIC shares and has been among the wealthiest individuals on the Vietnam stock market for many years. Behind each success of Pham Nhat Vuong and VinGroup, there is the presence of this talented woman. In the challenging days in a foreign land, Pham Thu Huong has always been unconditionally supportive of her husband, helping Pham Nhat Vuong overcome all difficulties. Pham Thu Huong once founded and managed the Thang Long restaurant in Ukraine. The success of the restaurant contributed to providing capital for Pham Nhat Vuong to establish Technocom (the predecessor of VinGroup). She supported the decision to sell her husband's restaurant to focus resources on Technocom. In 1993, Pham Thu Huong and her husband, along with some Vietnamese students abroad, contributed capital to establish Technocom, specializing in processed food. Overcoming many difficulties, Technocom developed to become one of the leading companies in the field of processed food with the Mivina instant noodle brand.

Technocom invested in Vietnam and was merged to become the powerful VinGroup. This group has always been among the leading conglomerates in Vietnam and is involved in various sectors such as real estate, tourism, technology, etc. Pham Thu Huong has always held an important position in the leadership of this group from its early days to the present. The success of VinGroup has helped her accumulate wealth and fame. However, she rarely appears in public and prefers to work behind the scenes to provide a solid support for her husband. Pham Thu Huong was born on June 14, 1969, into a wealthy and academically oriented family in Hanoi. She has an older sister, Pham Hong Linh, and a younger sister, Pham Thuy Hang. Both Pham Thuy Hang and Pham Thu Huong were outstanding students who had the opportunity to study abroad in Moscow. In Moscow, she excellently obtained an internationally prestigious bachelor's degree in law. We must know that at that time, very few Vietnamese people could achieve a bachelor's degree abroad.

Pham Thuy Hang currently holds the position of Vice Chairwoman at Vingroup since 2001. Pham Thuy Hang is among the talented female leaders of Vingroup, alongside Nguyen Dieu Linh, Mai Huong Noi, Le Thi Thu Thuy, and more. She played a role in the founding of Technocom before it evolved into the powerful Vingroup we know today. Vingroup operates in various sectors such as real estate, healthcare, electronics manufacturing, home appliances retail, education, and automobile production. The real estate business, in particular, contributes significantly to the group's revenue. Today, Vingroup is regarded as one of Vietnam's financially robust conglomerates with substantial revenue. VIC stocks are consistently sought after as blue-chip stocks by investors. As of the end of 2019, Vingroup has held the top position three times in the list of the largest private enterprises in Vietnam.

As Vingroup expanded and achieved significant successes, Pham Thuy Hang also became one of the billionaires on the Vietnamese stock exchange. Currently, she owns 100,881,292 VIC shares, with an estimated asset value of 9,231 billion VND. This is an impressive wealth that many entrepreneurs aspire to. In 2013, she ranked among the top 5 wealthiest individuals in Vietnam, owning over 23 million shares of VinGroup. Pham Thuy Hang's family is considered one of the wealthiest in Vietnam. The success of VinGroup today cannot overlook the contributions of its co-founder, Pham Thuy Hang.

Entrepreneur Nguyen Van Dat was born on December 16, 1970, in Quang Ngai Province, Vietnam. He primarily lives and works in Ho Chi Minh City, Vietnam. His zodiac sign is Sagittarius, born in the year of the Dog (Canh Tuat 1970). Nguyen Van Dat is globally ranked 87175th and 1200th among renowned entrepreneurs. A well-known figure in Vietnam, he has 25 years of managerial experience in various business sectors. Currently, he serves as the Chairman of the Board and CEO of Phat Dat Real Estate Development Joint Stock Company, now known as Phat Dat Real Estate Development Corporation. His company has been listed on the Ho Chi Minh City Stock Exchange (HSX) since July 30, 2010, gaining considerable attention from investors.

The EverRich I is the first project of Phat Dat Real Estate Development Corporation, located in a prime position considered the city center, at the intersection of districts 5, 6, 10, 11, and Tan Phu. Commencing in October 2006, after 3 years of construction, The EverRich I was completed and received high praise from customers and experts in the real estate development field. The EverRich I offers a perfect living space with modern and elegant architecture, providing warmth yet openness. Each EverRich apartment is flooded with natural light and fresh air, allowing homeowners to fully enjoy relaxation and prosperity in their homes. Particularly, the PentHouse villas open up a completely different living space for customers—private yet spacious. There, homeowners can enjoy a peaceful and elevated lifestyle, meeting the standards of luxury.

Ho Xuan Nang is a Vietnamese entrepreneur and one of the wealthiest individuals in Vietnam. Currently ranking as the 10th richest on the Vietnamese stock exchange, he holds the positions of Chairman of the Board and CEO of Phenikaa Corporation (Phenikaa A&A Group), Chairman of the Board of VICOSTONE Joint Stock Company, Chairman of the Board of Phenikaa University, Chairman of the Board of Phenikaa Investment and Education Joint Stock Company, Director of Phenikaa Research and Technology Institute (PRATI), and Chairman of the Phenikaa Innovative Venture Fund. In 2021, he secured a spot among the top 10 wealthiest individuals in Vietnam on the stock exchange. Ho Xuan Nang, a graduate of Hanoi University of Science and Technology, held various positions at the university, including Research Fellow, after successfully defending his Ph.D. thesis in February 1992. From March 1996, he transitioned to work at the Ford Vietnam Automobile Plant in Hai Duong, becoming the Factory Production Director, marking a new phase in his career managing an industrial production enterprise. At that time, he was one of the few Vietnamese engineers capable of operating a world-class automobile manufacturing plant of Ford Motor Company.

In 2018, Ho Xuan Nang signed an agreement for Phenikaa Corporation to officially sponsor the Ta Quang Buu Award for the 2019-2021 period, honoring scientists with outstanding achievements in basic research in natural sciences and technology fields. He understands that basic research requires vision and sacrifice, along with the motivation to drive it. He believes that businesses should invest in both basic and applied research to support, attract, encourage passion, and realize the research projects of talented and dedicated Vietnamese scientists. He hopes that, through the synergy of businesses, scientists will have the opportunity to contribute their best to innovative and breakthrough research topics in the future. This also reflects social responsibility deeply ingrained in Ho Xuan Nang's character, known to the market as an entrepreneur but with the aspirations and concerns of a scientist. In 2019, he became the Chairman of the Phenikaa Innovative Venture Fund, with a scale of 1,000 billion VND, sponsoring investments in education and scientific and technological development with a non-profit purpose.