Morning news October 29: The only female USD billionaire in Vietnam's assets skyrocket

Tin tức sáng 29-10: Tài sản nữ tỉ phú USD duy nhất ở Việt Nam tăng vọt - Ảnh 1. — View of the National Assembly meeting - Photo: TTO

The National Assembly discussed socio- economic development in 2025 and the 2026 plan.

According to the meeting agenda, from this morning (October 29), the National Assembly will discuss issues related to socio-economic development. Specifically, the National Assembly will discuss the assessment of the results of the implementation of the 2025 socio-economic development plan; and the projected 2026 socio-economic development plan.

Results of implementing the National Assembly's resolutions on the 5-year plan for the 2021-2025 period: socio-economic development; economic restructuring.

Report of the Government, Chief Justice of the Supreme People's Court, and Chief Prosecutor of the Supreme People's Procuracy on the issuance of documents adjusting contents under the authority of the National Assembly to handle issues arising in the implementation of state apparatus organization arrangement, promoting decentralization, delegation of power and removing obstacles due to legal provisions.

Report of the Government, the Supreme People's Court, and the Supreme People's Procuracy on the implementation of the Constitution, laws, resolutions of the National Assembly, ordinances, and resolutions of the National Assembly Standing Committee in 2025.

During the discussion session, members of the Government, Chief Justice of the Supreme People's Court, and Chief Prosecutor of the Supreme People's Procuracy explained and clarified a number of issues raised by National Assembly deputies.

The discussion session will be broadcast live for people to follow.

Previously, according to the Government's report, 2025 will achieve and exceed all 15/15 socio-economic targets. Of which, GDP in 2025 is expected to increase by over 8%; the average increase in the 2021 - 2025 period will be 6.3%, higher than the previous term (6.2%).

The size of the economy will increase from 346 billion USD in 2020 to 510 billion USD in 2025, up 5 places, to 32nd place in the world; GDP per capita in 2025 is estimated to reach about 5,000 USD, 1.4 times higher than in 2020, entering the upper middle-income group...

Trade volume increased sharply, from 545.4 billion USD in 2020 to a record of about 900 billion USD in 2025, among the top 20 countries in the world...

The world's two largest economies are still pouring investment capital into Vietnam.

News from a recently released report, HSBC Bank said that outstanding growth results make Vietnam once again stand out compared to ASEAN countries.

Following the surprise increase in the third quarter, HSBC raised its GDP growth forecast to 7.9% (previously 6.6%) for 2025 and 6.7% (previously 5.8%) for 2026.

Tin tức sáng 29-10: Tài sản nữ tỉ phú USD duy nhất ở Việt Nam tăng vọt - Ảnh 4. — Vietnamese people shopping at the supermarket - Photo: TTO

HSBC noted that the biggest risk that could affect growth remains trade fluctuations.

According to HSBC, FDI remains a key driver of Vietnam’s growth. Since “liberation day” in April, concerns have been raised about the stability of FDI flows into Vietnam. Total FDI in the third quarter increased by 15% compared to the same period last year, but newly registered FDI decreased by 9% compared to the same period last year.

Interestingly, HSBC pointed out that the structure of Vietnam's FDI portfolio has changed this year. In 2024, Singapore, South Korea and China are the three largest investors.

Now, however, Singapore and mainland China each account for about a quarter of new FDI, while South Korea’s share has declined and the US has taken its place. In other words, despite trade fluctuations, the world’s two largest economies continue to pour investment into Vietnam.

After all, according to HSBC, now all ASEAN emerging markets are back to square one, facing the same "19-20%" tariff rate, countries that have benefited from trade tensions will continue to benefit, such as Malaysia and Vietnam.

Equity fund performance was poor in September

According to news from Fiingroup, in September 2025, the equity fund group recorded poor results, with 63/73 funds reporting negative performance, most of which decreased by more than 2%, while the bond fund group maintained a stable level of profitability. In the first 9 months of the year, the average performance of all three investment fund groups was generally stable compared to the same period in 2024.

In terms of cash flow, net withdrawals from investment funds in the Vietnamese stock market slowed down in September, thanks to a sharp drop in withdrawals from equity funds, especially ETFs, with a value decrease of 51.1% compared to the previous month. However, net withdrawals returned to bond funds, occurring widely with 14/25 funds recording cash withdrawals.

In the first nine months of the year, the total net withdrawal value in the market reached more than VND25,000 billion, up 72.7% over the same period last year, reflecting the cautious sentiment of institutional investors in the face of market fluctuations.

September also saw 20 out of 36 open-end equity funds reduce their cash holdings, marking the second consecutive month of this trend. In contrast, some funds managed by Dragon Capital increased their cash holdings, indicating differences in portfolio allocation strategies among fund managers.

Regarding stock trading, HVN and HPG were among the top net buys of funds in September (by volume). On the other hand, the securities group (SSI, VND) and banking (MBB, TCB, VCB) were the stocks with the strongest net selling.

The only female billionaire in Vietnam's USD assets skyrocket

The Vietnamese stock market on October 28 recorded one of the dramatic trading sessions when the VN-Index suddenly reversed dramatically, from a deep decline to a strong increase at the end of the session.

The focus of the trading session belonged to VJC - Vietjet Air stock. This stock hit the ceiling price of 187,500 VND/share, up 42% after 1 month.

tin tức - Ảnh 5. — Ms. Nguyen Thi Phuong Thao

The hot growth of VJC also significantly increased the assets of Ms. Nguyen Thi Phuong Thao, Chairwoman of Vietjet Board of Directors.

According to Forbes, female billionaire Nguyen Thi Phuong Thao currently owns 4.4 billion USD in net assets, an increase of 108 million USD in the past 24 hours, continuing to hold the position of the second richest person in Vietnam, after Mr. Pham Nhat Vuong, Chairman of Vingroup Corporation. With the recent sharp increase in assets, Ms. Thao holds the 929th position on the list of the richest people on the planet.

Ho Chi Minh City: The number of apartment transactions under 3 billion VND accounts for only 9%

Savills's Ho Chi Minh City real estate market report for the third quarter of 2025 shows that the southern apartment market is increasingly differentiated, with satellite provinces emerging as affordable apartment options compared to Ho Chi Minh City.

Savills data shows that in the past 9 months, the Ho Chi Minh City market has seen a clear decline in buyers' affordability, with apartments under VND3 billion accounting for only 9% of real estate transactions in the city, but accounting for 60% of total transactions in neighboring localities.

Particularly in the old Binh Duong area, up to 90% of apartment transactions are at affordable prices in the area.

tin tức - Ảnh 6. — Urban area project in Long An area (old) is being introduced to customers in Ho Chi Minh City - Photo: NGOC HIEN

According to Savills, new supply in Ho Chi Minh City is expected to remain limited in the short term, while prices are forecast to continue to rise. Due to price pressure and affordability, buyers tend to move to satellite cities and localities with more accessible prices.

Ms. Giang Huynh - Savills representative - said that due to limited supply and high-priced inventory dominating, the low-rise housing segment will expand to suburban areas and neighboring provinces, along key infrastructure routes.

It is forecasted that by 2028, Ho Chi Minh City's future supply will reach 60,000 units from 80 new projects and subsequent phases.

Cho Ray Hospital's AI for coordinating organ donation and transplant won the Vietnam Talent Award

Cho Ray Hospital has just announced that it has won third prize at the 18th Vietnam Talent Awards in the Medical category with the project "Application of artificial intelligence (AI) in receiving, managing, and selecting recipients of donated organs and tissues".

This is the first specialized software in Vietnam for the coordination of organ and tissue donation and transplantation, designed based on the regulations of the Ministry of Health and clinical experience.

This software has been accepted in 2022 and 2023, is currently being applied at Cho Ray Hospital and has the potential to be widely applied nationwide.

The Ministry of Health has requested coordination with the National Coordination Center for Human Organ Transplantation to deploy this software nationwide. The software is also being used by the community to register for organ donation, waiting for organ and tissue transplants, find information and answer questions.

This project is highly appreciated in the management, selection and coordination of kidneys, as well as the possibility of developing other tissues and organs such as heart, liver, lung, cornea. This award affirms the creativity and positivity of Cho Ray Hospital in implementing digital transformation.