Vingroup has entered the top 5 largest companies in Southeast Asia by market capitalization, thanks to a nearly 60% surge in its VIC stock over the past month.
With nearly 35 billion USD in assets, Vingroup chairman Pham Nhat Vuong is currently the 65th richest person globally, surpassing billionaire Jack Ma and Amazon founder Jeff Bezos's ex-wife.
Vingroup Chairman Pham Nhat Vuong has claimed the title of Southeast Asia's wealthiest individual, surpassing Indonesia's Prajogo Pangestu with a net worth exceeding 24,5 billion USD.
Vietnam added three new representatives to Forbes' annual billionaire list this year, bringing its total number of USD billionaires to an all-time high.
Billionaire Pham Thu Huong, wife of Pham Nhat Vuong, became chair of GSM company – the operator of Xanh SM taxi and ride-hailing services – effective march 4.