Noodle Beginnings Vuong, 54, is Vietnam's richest man, with a $3.9 billion net worth, according to the Bloomberg Billionaires Index. He started his own business while studying in Moscow and has said he left Russia with $40,000 in debt.
Billionaire Pham Nhat Vuong and the largest private group
Vuong and his wife Pham Thu Huong own enterprises which have been leading legal entities in their fields in the last decade. Vingroup is the largest Vietnamese private corporation, with capitalization value having reached VND400 trillion, or $17 billion.
According to data collected from the World Inequality Database, in 2021, top 5% of the richest people in Vietnam account for 46.9% of the country's wealth, while top 10% of the richest people in Vietnam account for 59%. In contrast, the poorest 50% hold only 5.6% of the wealth.
Phạm Nhật Vượng (born 5 August 1968) is a Vietnamese property developer and Vietnam's first billionaire.
The six local billionaires included this year are private conglomerate Vingroup chairman Pham Nhat Vuong, VietJet Air CEO Nguyen Thi Phuong Thao, steelmaker Hoa Phat chairman Tran Dinh Long, Techcombank chairman Ho Hung Anh, Truong Hai Auto Company (Thaco) chairman Tran Ba Duong and conglomerate Masan chairman Nguyen ...
Nông Đức Mạnh succeeded Phiêu, and Manh came to be considered a moderniser. Manh was also the first general secretary with a university degree. Manh retired in 2011, and Nguyễn Phú Trọng succeeded him, and he now is considered the most powerful political figure in Vietnam.
Ho Chi Minh City (HCMC), also known as Saigon, is generally considered the wealthiest city in Vietnam.
Forbes' real-time data shows that as of June 2023, there are 47 Australian billionaires on the list of the world's richest people.
Hanoi (VNA) – Singapore remained the investor in Vietnam among the 51 countries and territories investing in Vietnam in the first two months of 2023, with 978.4 million USD, making up nearly 31.6% of the total registered foreign direct investment (FDI) in the country, down 42.7% year-on-year, the Ministry of Planning ...
Billionaire Nguyen Thi Phuong Thao
According to the latest update from Forbes, with an increase of US$3.1 billion in assets, Ms. Nguyen Thi Phuong Thao has become the 987th richest person in the world. Among female billionaires, Thao is the 119th richest person.
The salary range in Vietnam is 4,360,000 VND/month (minimum salary) to the highest average of 76,900,000 VND/month (actual monthly salary may be higher). These figures are inclusive of bonuses.
Viet Nam recorded a higher per capita GDP (in constant 2015 USD) than the Philippines in 2020 and 2021.
After 30 years Japan has become Vietnam's biggest ODA donor, with more than JPY2. 7 trillion, approximately US$20 billion, in loans, nearly JPY100 billion in grant aid, and roughly JPY180 billion in support for technical cooperation.
Polygamous marriages are prohibited by article 64 of the constitution, which stipulates that a lawful marriage must be monogamous.
Năm Cam's trial in the Ho Chi Minh City's People's Court was one of the largest in Vietnam's history. Margie Mason of the Associated Press wrote of the trial that "Vietnam's most notorious underworld boss has appeared in court with 154 others in what could be one of the Communist country's most important trials.
Ho Chi Minh City, the largest financial hub in Vietnam, has been named among the top 10 wealthiest cities in the world for this year, announced Henley & Partners, the global leader in residence and citizenship by investment, in partnership with wealth intelligence firm New World Wealth.
In 2021, Vietnam had approximately 72.1 thousand millionaires. For 2026, it was forecasted that the number of millionaires will reach about 114.8 thousand.
Textile and Garment
One of the most lucrative businesses in Vietnam is the garment and textile industry. Foreigners and investors can make a profitable gain in this industry because it is considered to be one of the active sectors in terms of export.
1. Gina Rinehart, $37.41 billion (up $3.39 billion) Another year, another Rich List crowning Gina Rinehart as Australia's wealthiest person. 2023 marks the fourth consecutive year the mining magnate has held that mantle.
Australians are the richest people in the world, with a median wealth three times that of the average American, a new report has shown.
No suburb in the country features a greater concentration of members of The List – Australia's Richest 250 than Toorak, where Melbourne's wealthiest families have gathered for decades. Think historic looking mansions guarded by large hedges set back from the street to ensure privacy.
However, since the day he returned to Vietnam, Vuong has been mostly pouring money into the real estate sector." The report states that the richest Vietnamese families made their money in: real estate investments, finance and banking, mining, seafood, service industry and the communication industry.