The positive signs in the stock market recently have helped Vietnamese billionaires, including Nguyen Thi Phuong Thao, become richer.

People who are worth VND500 trillion are listed among the top 30 richest persons in the US and the top 17 in China, according to Forbes. In Vietnam, such a person would be at the top.

Globally-renowned business magazine Forbes has just released its annual list of the world’s billionaires, including six billionaires from Vietnam.

After Masan Group's acquisition of Vingroup’s retail chain, Masan’s Nguyen Dang Quang took great steps to master the $7 billion system and form an ecosystem for Vietnamese people.

2020 was a difficult year for the global economy including Viet Nam, but some Vietnamese billionaires still saw their net asset value increase.

Once dreaming of becoming a university lecturer, Nguyen Thi Phuong Thao finally became a businesswoman and billionaire. Others became billionaires though they did not complete or even attend university.

Strong cash flow to the stock market, a VND700 trillion package for public investment, and high demand for ingot steel from China have all helped billionaire Tran Dinh Long pocket more money despite the Covid-19 crisis.

Nguyen Duc Thuy, informally known as Boss Thuy, may be added to the list of the 50 richest billionaires in Vietnam after a transfer deal worth trillions of dong made late last week.

 VietNamNet Bridge - The following tycoons started their business in Eastern Europe and had great achievements there, but they returned home to contribute to build the country's economy.

It is not unusual for Vietnamese billionaires to be assigned informal nicknames by the public, media or colleagues. While most accept the monikers bestowed on them, others are less comfortable with what they are called.

 VietNamNet Bridge – While the rest of the world predominantly spends plastic money, Vietnamese still prefer cash. To buy valuable things, they have to pay with many bags of banknotes.

 VietNamNet Bridge – Vietnam has no lack of fabulously wealthy individuals. Some came by their fortunes the easy way – through inheritance. But far more fascinating are the self-made ones.