VIETNAM - Here are the Top 7 Billionaires from the country of Vietnam.

BILLIONAIRE - $2,200,000,000

Nguyen Thi Phương Thao

Nguyễn Thị Phương Thảo (born June 7, 1970) is a Vietnamese businesswoman, and the President and CEO of VietJet Air, President of Sovico Group and Vice President of HD Bank. After Pham Nhat Vuong, she is the second Vietnamese person as well as the first Southeast Asian woman to be recognized by Forbes as a USD billionaire.

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Personal life

Nguyễn Thị Phương Thảo became a millionaire at age 21 while studying finance and economics in Moscow, where she began distributing fax machines, plastic and rubber from Japan, Hong Kong and South Korea in the then Soviet Union. Since then she has developed a portfolio of business interests, including VietJet and Sovico Holdings, that itself holds a 90 per cent stake in Ho Chi Minh City's Dragon City development. She holds two bachelor's degrees in financial credit management and labor economics at the Plekhanov Russian University of Economics and a doctoral degree in economic management at the D. Mendeleev University of Chemical Technology of Russia.

Career as an entrepreneur

After she took VietJet Air public in February 2017, she became Vietnam's first self-made woman billionaire, second billionaire overall (after Phạm Nhật Vượng) and Southeast Asia's only female billionaire. In early 2021, her net worth was estimated at US$2.1 billion. She also has investments in HD Bank and real estate, including three beach resorts. In 2021 she signed a memorandum of understanding with the University of Oxford's Linacre College for a donation of GBP£155million. The college intends to petition the Privy Council to change its name to Thao College. In June 2022, she was featured on the list of the Global 100 by the International Hospitality Institute as one of the 100 Most Powerful People in Global Hospitality.

Phương Thảo has a daughter and a son, Tommy Nguyen. Her son has previously studied at Oxford University's economic management department and has founded an express delivery company with investment from VietJet. She ranked 62nd in the list of Power Women 2016. She is listed in Asia's 50 Power Businesswomen 2016.


  • Company: VietJet Aviation Joint Stock Company, trading as VietJet Air is a Vietnamese low-cost airline based in Hanoi. It was the first privately-owned airline to be established in Vietnam, being granted its initial approval to operate by the Vietnamese Minister of Finance in November 2007. Wikipedia

    Customer service: 011 84 1900 1886

    Headquarters: Hanoi, Vietnam

    Parent organizations: HD Bank, Sovico Holdings

    Founded: November 2007, Vietnam

    Founders: Nguyen Thi Phuong Thao, Nguyen Thanh Ha

    Commenced operations: 25 December 2011; 11 years ago

  • Company: Sovico is the co-founder of Vietjet Air, the first ever private airline in Vietnam. Sovico is the co-founder of Vietjet Air, the first private airline in Vietnam. As the first entity operating in the privatization of Vietnam's aviation industry in Vietnam, Vietjet Air has captured the biggest local market share after five years of operations and continually expanded its international network.

    Vietjet’s arrival has transformed the Vietnamese aviation industry, helping to make local airports become crowded and provincial economies take off. As a result of Vietjet's activities and growth, Vietnam's transport and aviation industries are now being upgraded and modernised.

    There have also been changes in management, new projects in training, engineering and parts productions as well as improvements in policies and legislations. As a hugely popular brand, Vietjet is now a multinational airline powered by an expansive network and featuring a business model that offering various services in aviation, tourism and other consumer demands.

  • Company: As one of Top 10 joint stock commercial banks in Vietnam which has been operating for more than 27 years in Vietnam and aims at reaching out to the world, HDBank has built strong financial capabilities and up-to-date technologies, offering a wide variety of financial services to retail customers, corporations and investors. HDBank has completed the model of modern transaction points that provide professional and friendly customer services with the message of "Committed to your best returns" to customers and the social community.

    Thanks to the united strength from DaiABank and SGVF - currently HD SAISON Finance, HDBank has become a large bank in Vietnam. As of 31/12/2016, the Bank's total assets was more than VND150 trillion, charter capital of VND8.1 trillion, total employees of more than 11,000; expanded the network to 221 branches/banking units and more than 7,500 SIPs nationwide; and is currently preparing to establish overseas branches.

    In the international market, HDBank has set up correspondent relationship with about 400 foreign banks and their branches in many countries and territories. HDBank has achieved a great deal of titles and awards bestowed by prestigious organizations domestically and overseas. HDBank is making non-stop and comprehensive growth, in reach of up to the world level.