Hanoi (VNA) - The number of Vietnamese billionairesin US dollar has dropped to five in the early months of 2024 from the previoussix, reported in April 2023.
According to Forbes, the current five Vietnamese billionaires areVingroup Chairman Pham Nhat Vuong, VietJet Air Chairwoman Nguyen Thi Phuong Thao,Hoa Phat Chairman Tran Dinh Long, Thaco Chairman Tran Ba Duong and TechcombankChairman Ho Hung Anh.
Vuong topped the list as the richest man in Vietnam with a totalassets of 4.5 billion USD, ranking 648th globally. On February 7, the lasttrading season of 2023, his assets increased by an additional 7 million USD afterVHM of Vinhomes gained by 2$ to 41,800 VND per share, VRE of Vincom Retail by0.9%, and VIC of Vingroup by 2%.
The only Vietnamese female billionaire Thao was reported with atotal asset of 2.4 billion USD, ranking 1301st globally after her worth wasreported to surge by an additional 27 million USD as VietJet Air sharesincreased by 0.8%, and Ho Chi Minh City Development Joint Stock CommercialBank, in which Thao and her husband own shares, increased by 2.4%.
Hoa Phat Chairman Long's worth was estimated at 2.3 billion USD, ranking 1341st globally. Before the lasttrading season of 2023, his assets were reported to rise by 8 million USD asHPG shares went up slightly by 0.36%.
Fourth place Duong has total assets of 1.5 billion USD, ranking1980th globally. Fifth place Techcombank chairman Anh was reported with a totalasset of 1.4 billion USD.
Nguyen Dang Quang, Chairman of Masan, left the Forbes list as hisworth was reported to fall below the $1 billion mark. Quang first entered theworld billionaire list in 2019 with assets of 1.3 billion USD and has beenincluded three times in the annual ranking with the highest estimate by Forbesat 1.9 billion USD./.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Vingroup Chairman Pham Nhat Vuong (Photo: tienphong.vn) 
