Top 10 Wealthiest Tycoons in Vietnam Stock Market 2017

• Chairman of the Board of Directors, Vingroup.
• Age: 49
• Industry: Real Estate - Diversified
• Stock: VIC
• Asset Value: 119,156 billion VND (+292%)

Mr. Pham Nhat Vuong is currently one of the two global billionaires according to Forbes' rankings. According to Forbes' recent data as of December 29, 2017, billionaire Pham Nhat Vuong remains the richest person in Vietnam with a net worth of 4.3 billion USD, ranking 501st in the world. Beyond his wealth, the Chairman of the Board of Vingroup is admired for achieving feats previously thought impossible for a Vietnamese individual. His record-breaking construction of numerous projects across the country has significantly transformed the urban landscape of Vietnam, providing a new living environment for the Vietnamese people.As of now, he has a total asset value of 55,962 billion VND, an increase of 25,552 billion VND compared to 2016, and owns 723,969,134 shares of VIC. However, when considering the additional VIC shares indirectly owned through 92.88% ownership in Vietnam Investment Group JSC (817,507,398 shares), Vuong's assets amount to 119,156 billion VND, truly befitting his title as the richest person in Vietnam's stock market in 2017.

• CEO of Vietjet Air, Chairwoman of Sovico Holdings
• Age: 47
• Industries: Aviation, Banking, Real Estate
• Stock: VJC
• Asset Value: 24,737 billion VND
  

Known as the only Vietnamese woman in the top 100 most powerful women globally. With an additional 500 million USD in wealth, CEO of VietJet has surpassed Hillary Clinton in influence. The shares of VJC, the low-cost airline Vietjet Air, officially debuted on the stock exchange in late February 2017, instantly propelling CEO Nguyen Thi Phuong Thao into the ranks of the wealthiest individuals on the Vietnamese stock market. In terms of the number of shares on the exchange, Mrs. Nguyen Thi Phuong Thao's total wealth is 24.7 trillion VND (1.08 billion USD). However, this wealth could see a significant increase as HDBank shares are set to go public in early 2018. Showing no signs of slowing down, Thao's wealth surges along with the prospects of the Vietnamese aviation market and VietJet's business results. In the first 9 months of the year, Vietjet Air (VJC) owned by Thao achieved a pre-tax profit of nearly 3 trillion VND and had total assets of over 26 trillion VND. VJC shares have nearly doubled since debuting on the stock exchange in late February 2017. More notably, in Forbes' list, Thao is the first Vietnamese dollar billionaire woman and the second richest person, only behind Mr. Pham Nhat Vuong. Currently, Forbes estimates Thao's wealth at 2.4 billion USD, making her the 1,021st richest person on the planet.

• Chairman of FLC Group JSC
• Age: 42
• Industry: Real Estate
• Stocks: FLC, ROS, ART
• Asset Value: 58,852 billion VND (+74%)
  

If counting only the assets in stocks (excluding indirect ownership through other companies), Mr. Trinh Van Quyet - Chairman of FLC Group is also a prominent name for the number 1 position as the richest person on the stock exchange in 2017 with 58,852 billion VND. It can be said that in the past year, Mr. Trinh Van Quyet's assets increased by up to 25,000 billion VND thanks to the rise in ROS shares; however, Mr. Quyet still couldn't retain his top position. Currently, Mr. Trinh Van Quyet owns nearly 319 million ROS shares. Last year, ROS increased by 74%, closing the last session of the year at 181,700 VND per share. Although he is the second richest person on the stock exchange, Mr. Trinh Van Quyet has not been listed by Forbes in the dollar billionaire list.

• Chairman of the Board of Directors at Vicostone
• Age: 53
• Industry: Building Materials
• Stocks: VCS
• Asset Value: 13,277 billion VND (+144%)

A prominent figure in the stock market in 2017 with assets doubling to over half a billion USD, Mr. Ho Xuan Nang is ranked 5th among the richest people on the Vietnamese stock exchange this year. From being an employee, receiving a salary, Ho Xuan Nang outstandingly became the owner of one of the leading enterprises in the stock market through the landmark acquisition of the largest artificial stone manufacturing company in Vietnam: Vicostone. Currently, the Chairman of the Board of Directors at Vicostone holds 57.2 million VCS shares, of which only 2 million shares are held directly, and the remaining over 55 million shares are indirectly owned through the A&A Green Phoenix Group Joint Stock Company. It is known that Vicostone is currently the 4th largest quartz stone producer in the world, and VCS stock is one of the highest-priced stocks on the stock exchange.

• Chairman of Hoa Phat Group
• Age: 56
• Industry: Steel
• Stocks: HPG
• Asset Value: 17,876 billion VND (+95%)
  

'Steel tycoon' Tran Dinh Long ranks 4th in the list of the richest billionaires in Vietnam on the stock market in 2017, with his asset value nearly doubling in the year, reaching nearly 18 trillion VND. HPG is a steel production group with a 25-year history of operation. Currently, the enterprise holds the number 1 market share in the construction steel market and aims for a revenue of 100 trillion VND. Similar to other large stocks on the market, HPG of Hoa Phat has increased by 74% in the past year, thanks to the favorable business results of the group. Over the years, Mr. Tran Dinh Long has been known for his discretion, being evaluated as a straightforward, decisive entrepreneur who does more than he says. His philosophy is: 'Many people go to niche markets, but Hoa Phat is a tank, a bulldozer going straight ahead'.

• Chairman of the Board of Directors at Novaland
• Age: 59
• Industry: Real Estate
• Stocks: NVL
• Asset Value: 9,486 billion VND (+25%)

Bui Thanh Nhon is not only the owner of a company that owns a lot of prime land and prestigious real estate projects but also currently holds important positions in many other companies. These include Chairman of the Board of Directors at No Va Real Estate Investment Corporation, Chairman of the Board of Directors at Novagroup Corporation, Chairman of the Board of Directors at Diamond Properties Corporation, Chairman of the Board of Directors at Anova Corp.,... At the end of 2016, the owner of Novaland still held the 4th position in the list of the richest people. However, this year, the tycoon who owns NVL accepts a 2-rank drop in his assets with a capitalization of 9,486 billion VND. Before Novaland went public, Mr. Nhon, his son (Mr. Bui Cao Nhat Quan), and his wife directly and indirectly held over 65% of Novaland's shares. The value of shares held by Mr. Nhon amounted to over 23.4 trillion VND, equivalent to over 1 billion USD.

• Vice Chairman of the Board of Directors at Vingroup
• Age: 48
• Industry: Real Estate
• Stocks: VIC
• Asset Value: 9,650 billion VND (+84%)

Mrs. Pham Thu Huong is an extremely mysterious figure, known only as the wife of billionaire Pham Nhat Vuong. Always admired for her enormous wealth, she remains discreet and has never appeared in public or responded to the media. Therefore, her image and lifestyle are always a curiosity for the press. Currently, she holds nearly 125 million VIC shares, valued at nearly 9.7 trillion VND, ranking 6th in the list of the richest billionaires in Vietnam on the stock market in 2017.

• Chairman of the Board of Directors at Mobile World (MWG)
• Age: 48
• Industry: Retail
• Stocks: MWG
• Asset Value: 6,084 billion VND (+70%)

With the strong development of the Vietnamese retail market, Nguyen Duc Tai's Mobile World (MWG) has become an empire in the market. MWG stocks continuously reach new highs thanks to strong buying power from foreign investors, including the Dragon Capital group. This year can be considered a successful year for real estate entrepreneur Nguyen Van Dat, the owner of PDR stocks, raising the total market capitalization to 4,846 billion VND. He is currently pushing forward with the ambition that by 2020, MWG will become the largest diversified retail group in Vietnam, ranking first in e-commerce and expanding successfully to Laos, Cambodia, and Myanmar.

• Vice Chairman of the Board of Directors at Vingroup
• Age: 43
• Industry: Real Estate
• Stocks: VIC
• Asset Value: 6,445 billion VND (+84%)

Playing the role of Vice Chairman of Vingroup (VIC) and at the same time, the sister-in-law of USD billionaire Pham Nhat Vuong, Mrs. Pham Thuy Hang also earns admiration with an asset of nearly 83.4 million VIC shares, valued at nearly 6.5 trillion VND. As mysterious as her sister, Mrs. Pham Thuy Hang has never revealed photos or personal information to the public. It is known that she previously held important positions in Technocom - a company of billionaire Pham Nhat Vuong when he was in Ukraine.

• Industry: Steel
• Stocks: HPG
• Asset Value: 5,178 billion VND (+95%)

Another mysterious woman in this list is Mrs. Vu Thi Hien - the wife of Mr. Tran Dinh Long (Chairman of Hoa Phat Group). Similar to Mr. Tran Dinh Long, Mrs. Vu Thi Hien's assets also increased by 95% in the past year thanks to the strong increase in Hoa Phat's stocks. Compared to last year, Mrs. Hien has dropped three places in the rich list. Until now, apart from these details, there is still nothing else revealed related to Mrs. Vu Thi Hien.