Vietnamese billionaires lose $479 mln on stock market plunge

Vietnamese billionaires lose $479 mln on stock market plunge

The five wealthiest billionaires in Vietnam lost a total of VND12 trillion ($479.3 million) on Monday when the VN-Index, representing the Ho Chi Minh Stock Exchange (HoSE), plummeted 60 points, the sharpest fall in nearly 2 years.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Billionaires to attend central Vietnam investment promotion conference

Billionaires to attend central Vietnam investment promotion conference

The central province of Binh Dinh says well known billionaires are among more than 1,000 delegates set to attend its investment promotion conference later this month.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese billionaires' fortune drops $2.4 bln

Vietnamese billionaires' fortune drops $2.4 bln

Total net worth of Vietnamese billionaires has plunged by $2.4 billion since Forbes’s ranking of the planet’s richest people in early April due to the local stock market's turbulence.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese billionaires' companies contribute $3.24 bln to state budget

Vietnamese billionaires' companies contribute $3.24 bln to state budget

Corporations run by Vietnamese billionaires contributed VND75.2 trillion ($3.24 billion) to the state budget in 2021, with Pham Nhat Vuong’s Vingroup making the largest contribution.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nova Group chairman becomes Vietnam’s 2nd wealthiest, after Vingroup’s chief

Nova Group chairman becomes Vietnam’s 2nd wealthiest, after Vingroup’s chief

Bui Thanh Nhon, Chairman of multi-sector Nova Group, whose net worth quickly expanded to $3.5 billion, has surpassed Chairman of Hoa Phat Group Tran Dinh Long, to become the second richest person in Vietnam.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hoa Phat chairman becomes Vietnam’s 2nd richest, after Vingroup’s Vuong

Hoa Phat chairman becomes Vietnam’s 2nd richest, after Vingroup’s Vuong

Tran Dinh Long, Chairman of Hoa Phat Group, whose net worth quickly expanded an additional $200 million in the past three days, has surpassed CEO of Vietjet Air Nguyen Thi Phuong Thao to become the second richest person in Vietnam, according to Forbes.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7