The stature of 5 famous Vietnamese businessmen, often mentioned by Forbes

Updated to the end of the stock trading session last weekend (October 10), Forbes (USA) recorded that Vietnam has 5 USD billionaires including: Vingroup Chairman Pham Nhat Vuong, VietJet Air Chairman Nguyen Thi Phuong Thao, Hoa Phat Chairman Tran Dinh Long, Techcombank Chairman Ho Hung Anh and Masan Group Chairman Nguyen Dang Quang.

These are also the 5 names that regularly appear in Forbes ' list of the world 's richest people , contributing to affirming the position of Vietnamese businessmen in the international market.

5 Vietnamese USD billionaires on Forbes list

Vingroup Chairman Pham Nhat Vuong

Mr. Pham Nhat Vuong - Chairman of Vingroup (Code: VIC) - is currently ranked 131st in the list of world billionaires by Forbes, with a recorded fortune of 18.1 billion USD. Mr. Vuong is also the first Vietnamese person to be included in Forbes ' billionaire list in 2013 and has continuously maintained his position as the richest person in Vietnam on this list.

In the country, he also tops the list of richest people on the Vietnamese stock market with assets exceeding VND350,000 billion (including direct and indirect ownership). The Chairman of Vingroup and his large business ecosystem are also considered to have a great influence on the stock market indexes.

Vingroup's predecessor was Technocom Group, founded in 1993 in Ukraine. In the early 2000s, Technocom returned to Vietnam, focusing on investing in the tourism and real estate sectors with two initial strategic brands, Vinpearl and Vincom. In January 2012, Vincom Joint Stock Company and Vinpearl Joint Stock Company merged, officially operating under a group model with the name Vingroup Corporation.

Under the leadership of Chairman Pham Nhat Vuong, Vingroup has gradually affirmed its position as the leading multi-industry private economic group in Vietnam, present in fields from education, healthcare, real estate to industry - technology and trade - services. Not only that, Vingroup has also become a symbol of the Vietnamese entrepreneurial spirit - daring to think, daring to do and constantly conquering new heights.

2017 marked a historic turning point when Mr. Vuong decided to build the VinFast automobile manufacturing complex in Hai Phong, opening a new era for the automobile industry. Since then, the world automobile manufacturing map has added Vietnam alongside other countries such as the US, Japan, Korea, etc.

In 2024, Mr. Vuong was honored by American magazine MotorTrend in the Top 50 most influential people in the world's automobile industry.

In particular, in recent years, Mr. Vuong has continuously completed new pieces for his billion-dollar ecosystem with shocking names: VinMetal, VinEnergo, VinSpeed and VinDynamics.

Mr. Pham Nhat Vuong.

Specifically, at the end of September, Vingroup Corporation established a subsidiary named VinDynamics Humanoid Robot Research, Development and Application Joint Stock Company, affirming its orientation to promote investment in technology and industry, especially developing generations of multi-purpose robots with the brand name "Made in Vietnam".

Previously, at the end of 2024, Vingroup established VinRobotics with a charter capital of VND 1,000 billion. In early 2025, the group continued to establish VinMotion with a charter capital of VND 1,000 billion, with the task of designing and developing the first generation of multi-purpose robots in Vietnam, aiming for flexibility, capable of performing many tasks in life and production, with the ambition to compete in the international market.

Thus, with the addition of VinDynamics, Vingroup officially owns three companies operating in the field of robotics.

In the energy sector, Vingroup contributed capital to establish VinEnergo, which operates mainly in the field of electricity production and electrical equipment. Mr. Vuong once shared that there are three reasons why Vingroup participates in the electricity sector. First, the group wants to create a green ecosystem, electric vehicles will use environmentally friendly electricity, "green from start to finish". In addition, the company wants to solve the lack of energy, especially green electricity. Finally, it wants to contribute to the development of the country.

In May 2025, Vingroup established VinSpeed High-Speed Railway Investment and Development Joint Stock Company. By July, this enterprise increased its capital from VND6,000 billion to VND15,000 billion. VinSpeed representative said that the company is in the process of preparing to deploy the Ho Chi Minh City - Can Gio and Hanoi - Quang Ninh high-speed railway lines. For the North - South railway project, this unit is waiting for the Government's decision to approve the investor.

Most recently, in early October, Vingroup Corporation entered the metallurgical industry with VinMetal Production and Trading Joint Stock Company, with an investment capital of VND10,000 billion in Vung Ang. VinMetal will be a high-tech steel production complex with a capacity of about 5 million tons per year in phase 1.

According to Vingroup representatives, the establishment of the company aims to supply material needs for the group's core areas such as Vinhomes real estate and VinFast electric vehicle production. Vingroup also aims to proactively supply high-quality steel for industrial, energy and transportation projects being studied, including the North-South high-speed railway, the Ho Chi Minh City - Can Gio and Hanoi - Quang Ninh routes.

In the long term, the company aims to become a leader in green steel production in the domestic market, applying carbon emission reduction technology and reusing energy from renewable sources. This contributes to promoting the development of the metallurgical industry in particular and heavy industry in Vietnam.

VietJet Air Chairwoman Nguyen Thi Phuong Thao

VietJet Air Chairwoman Nguyen Thi Phuong Thao is known as the first female billionaire in Vietnam and the first self-made female billionaire in Southeast Asia. Ms. Thao currently owns assets of 3.5 billion USD, ranked 1,161st in the list of the world's richest people, as of October 10.

Domestically, this "female general" is also in the TOP 5 richest people on the Vietnamese stock exchange.

Ms. Nguyen Thi Phuong Thao.

With the philosophy of "bringing flying opportunities to everyone", Ms. Thao has opened a new page in the aviation industry and made the dream of flying come true for millions of Vietnamese people. Under her management, Vietjet has become the largest private airline in Vietnam, contributing to promoting tourism, trade and international integration.

In addition to aviation, Ms. Thao also invests in real estate through Sovico Holdings, a business known for many large real estate investments in both Vietnam and abroad, and is a founding shareholder of private airline VietJet Air.

Sovico Holdings currently operates in four main areas: real estate; financial investment - banking; electricity - energy and aviation.

Some of Sovico Holdings' notable deals include: acquiring Furama resort (the only 5-star resort in Vietnam at that time), L'Alyana Ninh Van Bay and Ana Mandara Cam Ranh (Khanh Hoa), Phu Long Real Estate JSC (investor of Dragon City project)...

Most recently, on October 10, Ms. Thao's Sovico was officially assigned by Ho Chi Minh City to research and develop the metro line 4 project (Dong Thanh - Hiep Phuoc Urban Area).

The project has a total length of about 47.3 km, of which more than 25 km is underground and nearly 22 km is elevated, with 37 stations (including 21 underground stations and 16 elevated stations), and 2 depots located in Dong Thanh and Hiep Phuoc.

Sovico said that the group will establish a separate legal entity to implement the project. The group also affirmed that it will prepare financial resources, human resources and construction and operation partners so that the project can be implemented and put into operation as soon as possible.

In her ecosystem, Ms. Thao is also the Permanent Vice Chairwoman of the Board of Directors and holds a large number of shares at Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, MCK: HDB).

On March 9, 2017, Forbes magazine announced the list of female billionaires in the world in 2017, recognizing Phuong Thao as the first female billionaire in Vietnam and Southeast Asia, with an estimated fortune of about 1.7 billion USD at that time. She is also one of 15 new self-made female billionaires in the Forbes list in 2017.

With her great contributions, Ms. Thao has received many noble titles such as top 100 most powerful women in the world, top most powerful female leaders in Asia, Best Female Entrepreneur award in ASEAN region... Besides, she has also been included in the research and teaching topics of Harvard University (USA).

Chairman of Hoa Phat Group Tran Dinh Long

With assets of up to 3 billion USD, Chairman of Hoa Phat Group Tran Dinh Long ranked 1,343rd in Forbes' list of world billionaires as of October 10.

On the Vietnamese stock exchange, he is the second richest person with nearly 59,000 billion VND.

Mr. Tran Dinh Long.

Mr. Long is known as the “steel king” of Vietnam for his contribution to helping our country become self-sufficient in steel sources, reducing dependence on imported steel, and mastering modern technology, transforming the steel industry from a small, fragmented scale to a closed, large-scale production. Up to now, Hoa Phat has not only met most of the domestic steel demand but also exported to many countries, bringing Vietnamese products to the world.

Mr. Long once affirmed: " My wish is that in 5-10 years, Hoa Phat will be in the Top 20 largest steel manufacturing companies in the world ." And now, Hoa Phat is the largest steel company in Southeast Asia.

Striving tirelessly, by 2021, Hoa Phat Group had entered the Top 50 largest steel manufacturers in the world.

Notably, recently, Hoa Phat Group has joined hands with its partners to fulfill its commitment to the Prime Minister on the production of high-speed railway steel rails. According to the plan, the rolling line is expected to provide the first products in the third quarter of 2026 and the casting line will be put into operation in the fourth quarter of 2026.

Hoa Phat is confident in producing steel for the railway industry, train axles, and high-speed trains according to government orders as well as high-quality steel for key national projects and for export to the world market.

In addition to steel production, billionaire Tran Dinh Long is also famous for agriculture. Hoa Phat officially entered the agricultural sector in March 2015, when it established Hoa Phat Hung Yen Animal Feed Company Limited. In February 2016, Hoa Phat Agricultural Development Joint Stock Company was established, taking on the management and control of all companies in the agricultural group.

The company currently produces animal feed, raises cows, pigs, poultry and is the leading egg market share in the North with an output of 1 million eggs/day.

Techcombank Chairman Ho Hung Anh

According to Forbes , Mr. Ho Hung Anh has assets of 2.6 billion USD, ranked 1,514th in the list of world billionaires. This billionaire is known as the great captain who brought Techcombank to become the leading private bank in Vietnam.

In addition, Mr. Ho Hung Anh is also the co-founder and former Vice Chairman of Masan Group, and is involved in other business activities in the fields of finance, real estate and technology.

Mr. Ho Hung Anh.

Afterwards, although Mr. Ho Hung Anh announced that he had left Masan to focus on Techcombank, during this period, the relationship between Techcombank and Masan remained close and developed together.

In mid-2019, Masan officially acquired the Vinmart chain from Vingroup. The combination of Techcombank and Masan's products in the consumer market has been the driving force behind the CASA (non-term deposit) ratio at this bank to accelerate to lead the industry since 2020 and has been in the TOP 3 group since then.

Currently, Techcombank has the 5th highest capitalization in the general market and ranks 3rd in the financial industry (only behind Vietcombank and VPBank).

Under the leadership of Mr. Ho Hung Anh, this bank has continuously affirmed its position through a series of prestigious awards as the only unit in Vietnam to be honored with two awards for innovation in the field of branding and marketing from the Stevie Awards in the Asia-Pacific region. Techcombank was also voted “Best Bank in Vietnam 2024” by three leading financial magazines in the world: Global Finance, Finance Asia and Euromoney.

Chairman of Masan Group Nguyen Dang Quang

Mr. Nguyen Dang Quang is the founder and Chairman of Masan Group - one of the leading private corporations in Vietnam. Mr. Quang is ranked 2,803rd in the list of world billionaires by Forbes with an estimated fortune of 1.2 billion USD.

Currently, Masan is the leading company in Vietnam in the fast-moving consumer goods industry, occupying a large market share with many famous brands.

Mr. Nguyen Dang Quang

Not only that, Mr. Nguyen Dang Quang's ecosystem also includes many subsidiaries operating in essential fields such as food and beverage (Masan Consumer Holdings), meat processing (Masan Nutri-Science) and minerals (Masan Resources). In addition, he is also the First Vice Chairman of Techcombank.

Through its member companies, Mr. Quang's Masan Group is holding shares in a series of consumer goods manufacturing enterprises in Vietnam such as Masan Consumer (MCH), Vinacafé (VCF), Cholimex Foods (CMF), Vissan (VSN), Quang Ninh Mineral Water (QHW)...

Under his leadership, Masan created a chain of "national" brands such as Nam Ngu, Chinsu, Omachi, Kokomi... contributing to promoting the development of Vietnamese goods, making "Made in Vietnam" products more competitive.

And today, Masan products appear in almost every Vietnamese consumer kitchen.

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