The six richest people in Vietnam as of January 6. Hanoi (VNS/VNA) - 2020 was a difficult year for the global economyincluding Vietnam, but some Vietnamese billionaires still saw their net assetvalue increase.
Accordingto Forbes, besides five familiar faces which were included on its WorldBillionaires list in 2019, there is the return of one businessman – Tran DinhLong. The recovery of Vietnam’s stock market at the end of 2020 after tumblingin March contributed to the positive result.
TheVN-Index ended the last trading day of 2020 at 1,103.87 points, rising nearly15 percent compared to the beginning of the year.
Asof January 6, Pham Nhat Vuong, Chairman of Vingroup (VIC), is still the richestman in Vietnam, with a net worth of 7 billion USD, an increase of 139 million USDcompared to the day before. VIC shares traded at 110,000 VND, up0.27 percent in the morning trading session.
TheCEO of budget carrier Vietjet Air (VJC), Nguyen Thi Phuong Thao, remains thesecond richest person in Vietnam with total assets of 2.5 billion USD, down 33million USD from the day before. The airline industry has been hit hard due toCOVID-19 with all commercial international flights halted. The price of VJCshares was at 123,900 VND in the morning session on January 6, down 0.72 percent.
TranDinh Long, Chairman of the Board of Hoa Phat Group, has returned to the race,ranking 1,455th in the magazine’s list and becoming the third richest man in Vietnam.As of January 6, his assets value increased 17 million USD to 2.1 billion USD.
Hoa Phatproduced near 5.2 million tonnes of steel in the first eleven months of 2020and sold more than 3 million tonnes of construction steel to the market, up23.7 percent year-on-year, according to Hoa Phat’s website.
Ho HungAnh, Chairman of Techcombank, is 1,628th in the current ranking with totalassets of 1.8 billion USD, increasing 18 million USD.
Thanksto the recovery of the stock market, Masan’s share prices increased sharply inthe last months of 2020 which helped founder Nguyen Dang Quang’s net worth rise33 million USD to 1.5 billion USD.
Aftera deal to acquire retail system VinCommerce at the end of 2019, the price ofMasan shares fell dramatically and hit a bottom last April. But it recoveredand in the last trading day of 2020, the company’s shares price was up morethan 50 percent compared to the beginning of the year to 85,500 VND.
Inthe morning trading session, the shares traded at 89,500 VND, up 0.22 percent.
Meanwhile,Tran Ba Duong, Chairman of the Truong Hai Auto Corporation (THACO), and hisfamily saw the value of his assets unchanged at 1.5 billion USD as of January5. He and his family rank at 1,905th in the world’s richest person list.
However,not all business people could weather the chaotic year.
TrinhVan Quyet, President of FLC Group (FLC) and Bamboo Airways, saw his assets dropunder 1 billion USD at the end of 2020. He was the richest person in Vietnam in2017 and has been listed in the top three richest people in Vietnam a number oftimes.
Hewithdrew as board chairman of FLC Faros Construction in April, when the marketwas hit hard by COVID-19. FLC shares traded at 4,470 VND on January 6 morning,down 0.45 percent./.
TheCEO of budget carrier Vietjet Air (VJC), Nguyen Thi Phuong Thao, remains thesecond richest person in Vietnam with total assets of 2.5 billion USD, down 33million USD from the day before. The airline industry has been hit hard due toCOVID-19 with all commercial international flights halted. The price of VJCshares was at 123,900 VND in the morning session on January 6, down 0.72 percent.
TranDinh Long, Chairman of the Board of Hoa Phat Group, has returned to the race,ranking 1,455th in the magazine’s list and becoming the third richest man in Vietnam.As of January 6, his assets value increased 17 million USD to 2.1 billion USD.
Hoa Phatproduced near 5.2 million tonnes of steel in the first eleven months of 2020and sold more than 3 million tonnes of construction steel to the market, up23.7 percent year-on-year, according to Hoa Phat’s website.
Ho HungAnh, Chairman of Techcombank, is 1,628th in the current ranking with totalassets of 1.8 billion USD, increasing 18 million USD.
Thanksto the recovery of the stock market, Masan’s share prices increased sharply inthe last months of 2020 which helped founder Nguyen Dang Quang’s net worth rise33 million USD to 1.5 billion USD.
Aftera deal to acquire retail system VinCommerce at the end of 2019, the price ofMasan shares fell dramatically and hit a bottom last April. But it recoveredand in the last trading day of 2020, the company’s shares price was up morethan 50 percent compared to the beginning of the year to 85,500 VND.
Inthe morning trading session, the shares traded at 89,500 VND, up 0.22 percent.
Meanwhile,Tran Ba Duong, Chairman of the Truong Hai Auto Corporation (THACO), and hisfamily saw the value of his assets unchanged at 1.5 billion USD as of January5. He and his family rank at 1,905th in the world’s richest person list.
However,not all business people could weather the chaotic year.
TrinhVan Quyet, President of FLC Group (FLC) and Bamboo Airways, saw his assets dropunder 1 billion USD at the end of 2020. He was the richest person in Vietnam in2017 and has been listed in the top three richest people in Vietnam a number oftimes.
Hewithdrew as board chairman of FLC Faros Construction in April, when the marketwas hit hard by COVID-19. FLC shares traded at 4,470 VND on January 6 morning,down 0.45 percent./.
VNA
