Specifically, according to Forbes Magazine, as of June 27, Mr. Nguyen Dang Quang - Chairman of Masan Group (MSN) has returned to the list of USD billionaires after losing this position in the past few months. For most of 2024, Mr. Nguyen Dang Quang was on Forbes' USD billionaire list.
According to Forbes, as of June 27, Mr. Nguyen Dang Quang had assets of 1.1 billion USD, ranked 2,849th in the world .
Mr. Nguyen Dang Quang returned to Forbes' list of USD billionaires on June 27 after Masan (MSN) shares increased sharply in the past 3 months from VND50,000/share to VND76,800/share, especially in the week of June 23-27 with 4 increasing sessions and 1 flat session.
Cash flow into this stock comes as many investors have high expectations for this consumer-retail giant as well as supportive factors from the business environment.
Masan estimates that its after-tax profit in the second quarter will increase by 60% year-on-year to VND1,500 billion with the retail segment continuing to expand, while the consumer segment shows signs of a breakthrough when Masan Consumer (MCH) in the second quarter implemented a premiumization strategy and announced a very high dividend payment of about 60% (equivalent to VND6,000/share) for 2025. Masan MEATLife (MML) recorded positive results, rising to the leading position in animal protein market share at the WinCommerce retail system. Masan benefits from the extension of the VAT reduction policy until the end of 2026, applying a tax rate of 8% instead of 10% for essential goods.
Besides Mr. Nguyen Dang Quang, Forbes recorded 4 other Vietnamese USD billionaires, still familiar names: billionaire Pham Nhat Vuong, Ms. Nguyen Thi Phuong Thao, Mr. Ho Hung Anh, Mr. Tran Dinh Long.
Billionaire Pham Nhat Vuong's assets continue to increase sharply. Photo: DK
As of June 27, Chairman of Vingroup (VIC) and CEO of VinFast (VFS) Pham Nhat Vuong had assets worth 10.5 billion USD, ranked 273rd in the world, compared to 4.1 billion USD in February. At the beginning of 2024, Mr. Vuong's assets were at 4.6 billion USD.
Billionaire Pham Nhat Vuong's businesses have recently announced a lot of positive information. Vingroup (VIC) and Vinhomes (VHM) have continuously announced very large projects. Vingroup has just handed over the site of the Vietnam Exhibition Center, which is in the top 10 of the world, after nearly 10 months of construction. Vinpearl - a subsidiary of Vingroup - has just listed its shares on the stock market.
The assets of VietJet (VJC) Chairwoman Nguyen Thi Phuong Thao are at 2.5 billion USD, compared to 2.8 billion USD at the beginning of the year. Mr. Tran Ba Duong (Thaco) and his family continue to be outside the Forbes list of USD billionaires. At the beginning of the year, Mr. Duong and his family had 1.3 billion USD.
Techcombank (TCB) Chairman Ho Hung Anh recorded a sharp increase in assets from 1.8 billion USD at the beginning of the year to 2.3 billion USD as of June 27.
TCB shares have also increased quite strongly in the past month thanks to high profit expectations in the second quarter. TCB was net bought by foreign investors with VND310 billion in the week of June 23-27.
Techcombank Securities (TCBS) announced on June 26 its plan to IPO 231 million shares in the third quarter of 2025-first quarter of 2026 and is expected to increase its charter capital to VND23,113 billion, continuing to hold the leading position in charter capital in the securities industry. At the 2025 Annual General Meeting of Shareholders, Mr. Ho Hung Anh said that TCBS has worked with 1-2 major investors and has been assessed very positively.
The assets of Hoa Phat Group (HPG) Chairman Tran Dinh Long remain at 2.3 billion USD, ranked 1,631st in the world.
Thus, Mr. Pham Nhat Vuong is still the richest person on the Forbes list as well as according to assets converted from stocks listed on the Vietnamese stock market. Mr. Vuong is the richest for the 15th consecutive year, holding the number 1 position from 2010 until now.
The Vietnamese stock market in the week of June 23-27 recorded the VN-Index around a 3-year peak, at 1,370 points, with vibrant liquidity and cash flow still circulating quite positively between stock groups.
Expectations of US-Vietnam trade negotiations and policies to boost the domestic economy open up prospects for sustainable growth.
Specifically, after a positive trading week that exceeded the previous short-term peak price range, the stock market continued to have an outstanding trading week on June 23-27. Blue-chip stocks took turns supporting the index during the week. Liquidity decreased and remained low, showing a somewhat cautious investor sentiment at the new score range. At the end of the week, the VN Index increased by 22.09 points (+1.64%) compared to the previous week, closing at 1,371.44 points.
Around the world, investors welcomed news that the Middle East has stabilized again with Israel and Iran reaching a ceasefire agreement, while NATO has also agreed to increase defense spending by 5% as requested by US President Donald Trump.
On June 25, in a surprise statement at the White House, US President Donald Trump affirmed that Washington “signed a trade agreement with China”. However, the White House later clarified that the US and China had only reached a “framework agreement” and had not yet signed a trade agreement. Negotiations with India are also facing difficulties, with the US likely to impose a 26% reciprocal tariff if no consensus is reached by July 9.
Vietnamnet.vn
Source: https://vietnamnet.vn/viet-nam-co-them-mot-ty-phu-usd-ong-pham-nhat-vuong-tiep-tuc-but-pha-2416001.html
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