Two businesses led by billionaire Nguyen Thi Phuong Thao are among the largest companies in Vietnam.

On November 13, Vietnam Report Joint Stock Company (Vietnam Report) in collaboration with VietNamNet announced the VNR500 Ranking - Top 500 largest enterprises in Vietnam in 2025.

Accordingly, the top 10 largest enterprises in Vietnam in 2025 belong to familiar names such as: PetroVietnam, Petrolimex; Vingroup; Viettel, BIDV, Agribank , VietinBank...

Meanwhile, in the top 10 largest private enterprises in Vietnam in 2025, Vingroup of billionaire Pham Nhat Vuong is at the top, followed by Hoa Phat of billionaire Tran Dinh Long, electronics and technology retailer Thegioididong is at the third position. The remaining names are VPBank, Masan Group, Techcombank, Vietjet, FPT, HDBank ...

Regarding Vingroup , this group has been on the list of the largest private enterprises in Vietnam for many years. As of September 30, Vingroup's total assets exceeded 1 quadrillion VND, an increase of 30% compared to the end of last year.

According to the latest data from Forbes, billionaire Pham Nhat Vuong, Chairman of the Board of Directors of Vingroup, owns assets of about 18.9 billion USD, ranking 128th in the world.

Regarding Vingroup's stock price, at the end of the trading session on the morning of November 13, VIC stock price was at 212,800 VND/share; VHM was 93,400 VND/share and VRE was 23,900 VND/share, while the newly listed VPL was trading at 73,100 VND/share.

Hai doanh nghiệp của tỉ phú Nguyễn Thị Phương Thảo vào tốp doanh nghiệp tư nhân lớn nhất Việt Nam - Ảnh 2. — As of September 30, Vingroup's total assets exceeded 1 million billion VND.

Also in the top 10, there are 2 businesses led by billionaire Nguyen Thi Phuong Thao: Vietjet Air and HDBank.

Specifically, Ms. Nguyen Thi Phuong Thao is currently Chairwoman of the Board of Directors of Vietjet, holding more than 47.4 million VJC shares (a ratio of more than 8%). At HDBank, Ms. Thao is currently Vice Chairwoman of the Board of Directors and owns more than 130.3 million HDB shares, with a ratio of more than 3%.

In the first 9 months of 2025, the female billionaire's airline achieved revenue of VND 52,328 billion, gross profit of VND 6,724 billion and pre-tax profit of VND 1,987 billion, an increase of 28% over the same period in 2024.

The airline currently operates 130 aircraft on more than 170 routes and has cumulatively transported more than 250 million passengers.

At HDBank, this bank had a consolidated pre-tax profit of VND14,800 billion in the first 9 months of 2025, an increase of 17% over the same period last year.