Vietnamese dollar billionaires’ assets drop, says Forbes

A corner of Nội Bài International Airport. VietJet is one of the Vietnamese airlines suffering from the global COVID-19 outbreak. The carrier's President and CEO Nguyễn Thị Phương Thảo lost $175 million according to Forbes' statistics. — VNA/VNS Photo

HÀ NỘI — The total asset value of Vietnamese dollar billionaires have dropped according to statistics from Forbes.

The Forbes’ real-time billionaires list shows that the asset value of Vingroup Chairman Phạm Nhật Vượng decreased by US$283 million, or 4.64 per cent, to $5.8 billion.

Meanwhile, Techcombank Chairman Hồ Hùng Anh lost $35 million to $1 billion. The assets of VietJet’s President and CEO Nguyễn Thị Phương Thảo stand at $2 billion, down $175 million, or 7.96 per cent.

The global stock market has recently experienced strong downward momentum due to the COVID-19 pandemic. As a result, the assets of many billionaires have ‘evaporated’.

Việt Nam has only four representatives on Forbes’ list of world billionaires, including Trần Bá Dương who is founder and Chairman of Trường Hải Auto Corporation (Thaco).

Dương is the only one billionaire of Việt Nam still keeping his assets intact at $1.5 billion. — VNS

Tags billionaires COVID-19 disease Forbes list

Việt Nam stock market kicks off the final week of November with gains

Economy

Bắc Giang targets breakthrough economic growth and regional cooperation by 2025

Economy

Việt Nam named among the 30 largest export economies

Economy

Code of conduct issued for real estate brokers

Economy

Việt Nam, Bulgaria look toward to new heights in trade volume

Economy

Women leaders: Việt Nam-Canada dialogue on gender equality

More on this story

Economy

VN tech start-up incubator links up with Swiss Entrepreneurship Programme

UpStar Labs, the start-up incubation and investment arm of KMS Technology, has entered into a strategic partnership with the Swiss Entrepreneurship Programme.

Economy

Vinawaco plans to sell State capital to settle Vietcombank debt

After 25 years, Vietcombank finally claims the money it loaned out to the Waterway Constructions JSC – Vinawaco to buy ships.

Economy

Việt Nam increases pork imports to reduce price on local market: MARD

After Việt Nam’s pork industry was hit hard by the outbreak of African Swine Flu and COVID-19, the Ministry of Agriculture and Rural Development (MARD) say they will increase pork imports to reduce prices for the domestic market.

Economy

Alcohol industry calls for Government help

The high consumption of beer in Việt Nam has previously attracted brewers to cash in. But now, the Việt Nam Beer Alcohol Beverage Association (VBA) is asking the Government for help.

Economy

No electricity price increases until the end of Q2

Electricity and fuel prices won't increase until July at the earliest.

Economy

Businesses asked to ensure uninterrupted activities amid COVID-19 pandemic

Firms need to prepare plans to ensure uninterrupted business activities during the outbreak, said Prime Minister Nguyễn Xuân Phúc on Thursday in a meeting with representatives of private economic groups in tourism, services, aviation, food and industry.