According to Forbes updates, the assets of Vietnamese billionaires in the ranking of the richest people on the planet have increased, reflecting the positive developments of business and market values.
Mr. Pham Nhat Vuong's net worth - Chairman of Vingroup is currently estimated at 34 billion USD, an increase of about 400 million USD compared to the update on July 1. Notably, not only increasing in asset value, Mr. Vuong's ranking has also improved significantly, currently he is ranked 63rd in the world.

With this level of assets, Mr. Pham Nhat Vuong has now surpassed billionaire Jack Ma - the founder of Alibaba Group, who owns about 25.1 billion USD according to Forbes real-time data.
Mr. Pham Nhat Vuong's asset increase mainly came from the positive developments of VIC shares on the Vietnamese stock market. In the trading session on July 2, VIC code increased sharply, at times up to about 220,300 VND/share (adjusted price), approaching the historical peak and attracting large cash flow.
The spread did not stop at VIC but expanded to stocks in the Vingroup ecosystem. VHM shares increased to a maximum amplitude of VND 150,400/share, while VPL maintained positive trading around VND 87,000/share.
The "Vingroup" stock group, especially VIC and VHM, continued to play a pillar role, contributing to supporting VN-Index to maintain green color in the session. At the same time, Vingroup's capitalization continued to improve, consolidating its position in the group of largest enterprises in the market.
In the domestic market, Mr. Pham Nhat Vuong still maintains the position of the richest person in Vietnam, with asset values fluctuating according to the developments of key stocks in the Vingroup ecosystem, and is also one of the billionaires with significant influence in Southeast Asia.
Following Mr. Pham Nhat Vuong is Ms. Nguyen Thi Phuong Thao - Chairwoman of Vietjet Air's Board of Directors. Currently, Ms. Thao owns assets worth 4.2 billion USD, a slight increase of 15 million USD compared to the update at Forbes previously. In the global rankings, Ms. Nguyen Thi Phuong Thao is ranked 1st.
Ms. Pham Thu Huong - Vice President of Vingroup Group with assets worth 3.8 billion USD, an increase of 5 million USD compared to the date of the previous Forbes update. Currently, she ranks 1st, 124th in the world.
Next, Ms. Pham Thuy Hang - Vice President of Vingroup Group owns assets worth 2.7 billion USD, an increase of 3 million USD. Ms. Hang is currently ranked 1st in the world.
At the bottom of the list is Mr. Tran Dinh Long - Chairman of Hoa Phat Group, holding assets of about 2.6 billion USD, ranked 1st in the world billionaire list.

