As of June 27, Forbes estimated Nguyen Dang Quang's net worth at $1.1 billion, ranking him 2,849th globally. He returned to the billionaire list following a significant rally in Masan's shares over nearly three months, jumping from VND 50,000 to VND 76,800 per share, with four out of five sessions up during the final week of June.

The rise in share price reflects investor optimism about Masan’s growth prospects and favorable business conditions. Masan’s estimated post-tax profit for Q2 is VND 1.5 trillion (approx. $59 million), up 60% year-on-year. Its retail segment continues to expand while the consumer division, led by Masan Consumer (MCH), implements a premiumization strategy and announces a high dividend payout of 60% (VND 6,000 per share) for 2025.

Meanwhile, Masan MEATLife (MML) has achieved positive results, leading Vietnam’s animal protein retail market through WinCommerce. The company is also benefiting from Vietnam's extended VAT reduction policy until 2026, which applies a preferential 8% tax rate to essential goods.

Besides Nguyen Dang Quang, four familiar names remain on Forbes' billionaire list: Pham Nhat Vuong, Nguyen Thi Phuong Thao, Ho Hung Anh, and Tran Dinh Long.

Pham Nhat Vuong, Chairman of Vingroup (VIC) and CEO of VinFast (VFS), remains the richest Vietnamese for the 15th consecutive year. As of June 27, his net worth had surged to $10.5 billion, ranking 273rd globally, up from $4.1 billion in February and $4.6 billion at the start of 2024.

His companies have recently announced several high-profile developments. Vingroup and Vinhomes continue to launch large-scale projects, including the handover of a top-10 global exhibition center after just 10 months of construction. Vinpearl, a Vingroup subsidiary, also recently listed its shares on the stock exchange.

Nguyen Thi Phuong Thao, Chairwoman of VietJet (VJC), holds $2.5 billion in assets, down slightly from $2.8 billion earlier this year. Tran Ba Duong (Thaco) and family remain off the Forbes list, having held $1.3 billion at the start of 2024.

Techcombank (TCB) Chairman Ho Hung Anh saw his net worth rise from $1.8 billion in early 2024 to $2.3 billion as of June 27. The bank’s stock has climbed significantly amid strong Q2 profit expectations. Foreign investors net-purchased TCB shares worth VND 310 billion ($12.3 million) during the week.

Techcom Securities (TCBS) announced plans on June 26 to launch an IPO for 231 million shares between Q3 2025 and Q1 2026, aiming to raise its charter capital to VND 23.1 trillion ($918 million), securing its lead in the securities sector. At the 2025 Annual General Meeting, Ho Hung Anh confirmed that TCBS is in discussions with major global investors.

Hoa Phat Group (HPG) Chairman Tran Dinh Long retains a net worth of $2.3 billion, ranking 1,631st worldwide.

Vietnam's stock market peaked at a three-year high, with the VN-Index closing at 1,371.44 points on June 27, up 22.09 points (1.64%) from the previous week. Liquidity remained stable amid cautious investor sentiment, while blue-chip stocks played a key role in supporting the index.

Optimism around Vietnam-US trade negotiations and domestic economic stimulus policies are boosting market confidence. Internationally, positive developments in the Middle East, a ceasefire between Israel and Iran, and NATO's commitment to increased defense spending contributed to favorable investor sentiment.

On June 25, U.S. President Donald Trump surprised markets by announcing a trade deal with China, later clarified as a framework agreement. Trade talks with India are ongoing, with potential U.S. tariffs looming if no consensus is reached by July 9.

Manh Ha