VIC and VJC thrive, 2 Vietnamese billionaires move up on Forbes rich list

(Dan Tri) - VIC and VJC accelerated impressively, pulling up the VN-Index and bringing the assets of billionaires Pham Nhat Vuong and Nguyen Thi Phuong Thao to their highest level ever. Both of them rose strongly in the Forbes rankings.

The market focus in recent days, and even months, has been on VIC (Vingroup) and VJC ( Vietjet ). Positive trading signals and price acceleration have helped these two codes contribute significantly to the VN-Index maintaining its results.

As for VIC, since the beginning of the year, this code has increased in price more than 6.4 times, reaching VND260,400/share at the end of last week. In the last 10 sessions since November 17, the stock has continuously maintained green color and contributed greatly to the general index of the market. Vingroup's capitalization has also grown strongly, comparable to the scale of many state-owned banks.

The assets of billionaires Pham Nhat Vuong and Nguyen Thi Phuong Thao both increased sharply (Photo: IT).

Thanks to the strong increase in stocks, the asset value of billionaire Pham Nhat Vuong - Chairman of Vingroup - has jumped to 23.6 billion USD, the highest level ever and more than 5 times higher than the end of last year. He also entered the 97th position in the world billionaires ranking updated by Forbes in real time.

A similar story is playing out with VJC shares and billionaire Nguyen Thi Phuong Thao. The Vietjet Chairwoman’s assets have increased rapidly to $4.6 billion, 1.6 times higher than at the end of last year. She is currently ranked 867th on the list of world billionaires updated by Forbes in real time. In Vietnam, Ms. Thao’s assets are only behind Mr. Pham Nhat Vuong.

Airline stocks have been on a strong upswing since October, recording a 53% increase in just over 2 months to VND203,500/share at the end of last week. This code has increased for 3-5 consecutive sessions and has become the leading stock of the general index.

Both Vietjet and Vingroup will have important news in the near future. On December 8, billionaire Pham Nhat Vuong's group will finalize the list of shareholders receiving shares to increase capital.

According to the plan, Vingroup will issue nearly 3.9 billion shares at a ratio of 1:1, meaning that shareholders owning 1 share will receive 1 new share to double the charter capital, reaching more than 77,000 billion VND.

This deal is considered the biggest in Vingroup's history as well as the Vietnamese stock market to date. With this scale, billionaire Vuong's enterprise will become the non-financial company with the largest charter capital on the Vietnamese stock market, surpassing Hoa Phat, Masan, PV Gas...

Meanwhile, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) plans to sell its capital in Vietjet. The detailed plan has not been announced, in the context of the airline's stock price increasing sharply.

According to the latest report, HDBank owns 6 million VJC shares, equivalent to 1.01% of Vietjet's capital. Temporarily calculating at this price, the total value of Vietjet shares that HDBank owns is about 1,200 billion VND.

Source: https://dantri.com.vn/kinh-doanh/vic-va-vjc-thang-hoa-2-ty-phu-viet-thang-hang-tren-bang-nguoi-giau-forbes-20251201070104887.htm